Unfair Gaps🇮🇳 India

Retail Luxury Goods and Jewelry Business Guide

17Documented Cases
Evidence-Backed

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We documented 17 challenges in Retail Luxury Goods and Jewelry. Now get the actionable solutions — vendor recommendations, process fixes, and cost-saving strategies that actually work.

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All 17 Documented Cases

देरी से डेमुरेज और अतिरिक्त शिपिंग लागत

₹5,000-10,000/day demurrage + 10-20% higher shipping/insurance costs[1][2][4]

Manual customs documentation causes holds at ports, triggering demurrage charges; prevalent in jewelry due to high scrutiny on valuables.

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एमएल धोखाधड़ी हानि

Asset confiscation up to full transaction value; 2-5% revenue loss from reputational damage

Luxury retail is prime for layering/integration via high-value items; poor reporting enables criminals.

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मैनुअल स्टॉक टेकिंग में समय की बर्बादी

90% reduction in daily stocktaking time (e.g., from 10 hours to 1 hour/day, ₹50,000-1 lakh/month labor savings)

Jewelry inventory tracking without automation requires manual handling, leading to significant time loss in stock verification.

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इन्वेंटरी चोरी और संकुचन

₹5-20 lakhs annual shrinkage per mid-size store; 90% time reduction possible with RFID implying prior high labor costs

Manual inventory processes in jewelry stores lead to shrinkage through theft or errors, as each piece must be handled individually without automated tracking.

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