The Jewelry industry is a high margin industry, which in many ways are still very conservative. Somehow the local Jeweler has managed to survive on the corner of each town square, unlike for instance tailors and shoemakers, who has become a distinct race in modern western society. Jewelry is a luxury consumer good, heavily dependent on economical conjuncture, but big brands have tried to change the picture by outsourcing and mass produce jewelry in low cost countries, building an extremely lucrative business often involving a full vertically integrated business including everything from sourcing, production, logistics, warehousing, sales and retail.
Within Pandora, VLK IT Consulting has got a comprehensive outlook of the business processes within the Jewelry industry. Being the biggest jewelry company in the work with more than 24.000 Employees and a several billion dollar revenue, Pandora has redefined the business completely with an amazing growth journey.
