Inventory System Established
I started with my friend 5 yrs ago, Marie Roozen to make money for Christmas. Jewelry by two friends was born. We found out that Intel had Holiday craft shows on 4 campuses. No fees for the table. Duane (my Hubby) just had to be the escort. So bought $600.00 worth of Gemstones and started creating necklaces and jewelry sets. We did this for 3 yrs and then Marie went to college to become a hairdresser. I had to come up with a different name.
The Howling Dog Jewelry was born due to my little partner Mesha a long hair Chihuahua who liked to sing to mattress commercials. He is now 14yrs old and will sing on command. Marie was still there to help me sell at Intel. I am very grateful as a blind artist I needed someone with good eyes to help deal with more than one customer at a time. Marie totally understands my eye issues. Howling Dog Jewelry was still a hobby. Inventory what’s that? I kinda knew what I had and I knew that I made money on each piece. Intel show averaged $600.00 year.
Still with a mindset of this being only a hobby I started selling at a 12 week summer market called Tuesday Night Market Place. Show cost was $485 for the 12 weeks. My avg. for the past 3 years was about $1100 a yr.. Still NO Inventory per se , I knew I needed something but didn’t know how to start one from hobby mindset to a business one. Inventory what is it?
Fast forward to today, I have finally figured out an inventory system. Now I will be able to track sales, in turn will help me be better at purchasing products for my jewelry lines and styles. This is a sample of what I came up with:
Love Beetle Rocks Line; BugN, Bug NS, BugB, BugBS, BugE, BugR,BugBr
Rose Jewelry Line; RN, RNS, RB, RBS, RE, RR, RBr
These stand for Necklace, Necklace sets, Bracelets, Bracelet sets, Earrings, Rings, and Brooches
All jewelry has been inventoried , priced, and labeled with inventory codes. Then we will inventory what is on display and a quick inventory at the end of each day. Well, that is an ambitious plan but I think it might help with what sold compared to receipts and check to see if there was any loss do to theft. Or we can just do a final inventory at the end of the show. If you have any thoughts on this please share.
Thank you for visiting my blog. I will be blogging my experience.
Cindy Peterson
Howling Dog Jewelry
“Follow your artistic passions, even with vision issues”