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Jewellery World Magazine - August 2021

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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>

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