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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