Jewellery World Magazine - August 2021
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PALLOYS POINTS<br />
Chris Botha,<br />
Operations Manager, <strong>Jewellery</strong> Division<br />
Palloys<br />
‘THINKING AND TINKERING’<br />
AT THE HEART OF INNOVATION<br />
Think like your clients.<br />
Palloys announced the introduction of<br />
their new Innovation Division a few<br />
short weeks ago, and already there is<br />
excitement in the air.<br />
Some may be wondering why Palloys needs a<br />
dedicated research and development arm. The<br />
industry has progressed significantly in recent<br />
years, what could there be left to create?<br />
Palloys believes that failure to innovate is<br />
failure to prepare for the future.<br />
This new department will serve four key<br />
purposes: to develop market leading<br />
technology solutions for our customers,<br />
to introduce new and innovative products<br />
and services to the Australian market, to<br />
improve the quality and consistency of our<br />
manufacturing (by upgrading equipment,<br />
facilities and process improvement), and to<br />
streamline processes to reduce turnaround<br />
times and minimise costs, with savings in time<br />
and money benefitting you, our clients.<br />
The goal is for our new Innovation Division<br />
to ‘plug in’ to all Palloys’ services including<br />
fabricated metals, findings, design, print,<br />
casting, refining, diamonds and finishing, and<br />
ensure our clients are getting access to the<br />
best products in the industry.<br />
The industry has already incorporated<br />
technology and has linked old processes with<br />
new.<br />
Now is the time to engage with clients to meet<br />
their needs and take those learnings to the<br />
entire industry. We want to reverse engineer<br />
what the sector needs, so to speak. Look at<br />
what the tools and manufacturing arm now<br />
has and what they may need in the future.<br />
We want to employ this insight we gain as a<br />
key supplier in the Australian market while<br />
listening to our clients. This way we help two<br />
segments at once.<br />
Internally our processes become more efficient<br />
with our clients receiving a better quality<br />
product. Essentially, we power up our tools<br />
within, so we can solve problems on both<br />
sides of the value chain.<br />
What we’re saying is that here at Palloys<br />
we are prepared to back emerging market<br />
demand from our clients' requests. We will<br />
push to deliver a better final product which<br />
will help guide our future processes.<br />
Think like your clients<br />
While large chunks of our business are looking<br />
at improving efficiencies across the supply<br />
chain, a very small part will the ‘thinking and<br />
tinkering’.<br />
The last mile<br />
Arguably our Innovation Division is about<br />
trying to see what “the last mile” looks like.<br />
14<br />
jewellery world - <strong>August</strong> <strong>2021</strong>