Diamond & ERP glossary.

Plain-language definitions for every term used across the trade and the platform. Search or filter by topic.

18 terms
4CsGrading
Carat, colour, clarity and cut — the four attributes that determine a polished diamond's grade and value.
AssortmentRough
Sorting a rough parcel by size, shape, quality and value before planning.
BarcodePlatform
The identifier a stone or packet carries across every module, so it is traceable end to end.
BrutingManufacturing
Shaping the girdle and rounding a stone as an early polishing step.
ClarityGrading
The grade for internal inclusions and surface blemishes, from FL (flawless) to I3.
CutGrading
How well a stone's facets are proportioned and finished — graded Excellent to Poor.
FluorescenceGrading
A stone's glow under ultraviolet light, graded None to Very Strong.
Green corridorOperations
A fast-track lane for priority stones that keeps the full audit trail intact.
KapanRough
A parcel of rough diamonds grouped for planning and manufacturing.
KarigarPeople
A skilled floor worker — the cutter or polisher who works each stone.
Kimberley ProcessCompliance
The certification scheme that prevents conflict diamonds from entering the legitimate trade.
LotInventory
A priced group of stones managed and costed together.
MemoSales
Goods sent to a buyer on approval or consignment before an invoice is raised.
Rap / RapNetPricing
The Rapaport price list and trading network used as a market reference for polished diamonds.
RecoveryOperations
The value or weight retained from a rough parcel after cutting and polishing.
RFIDInventory
Radio-tags on polished stock that enable scanning and live location down to the box.
SKUInventory
A stock-keeping unit — a uniquely identified item of inventory.
WastageManufacturing
Weight lost during cutting and polishing, captured per process and per karigar.
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