4 April 2024 - Release Notes

This is a summary of all changes deployed to our production environment in the scope of this release.

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Designs: Target Retail Price and Target Margin

Target Margin

Loupe has powerful pricing tools for retailers in the product assortment. Until today, we have not had anything equivalent in the NPD area. Now, retailers can set a Target Cost - which is shared with suppliers - and a Target Retail Price - which is not shared with suppliers.

From this, Loupe calculates the Target Margin and the Estimated Margin based on the quote cost that has been sent by each vendor against a single design. This enables design teams to think about final retail price with greater accuracy during the early stages of the product lifecycle.

 

Designs: Commenting 

Gemeral Comments-1

Loupe has enabled unprecedented collaboration between retailers and suppliers during the design phase - but until now only on the four CAD preview images. This is ideal if the conversation is about the a specific area of the design that needs to be modified - for example prong design or gallery detail -  but this doesn’t always lend itself to more general commentary on the design. Many of our customers requested a general comment space to have less specific exchanges with their colleagues.

Today there are now 4 ways a user can leave a comment: 

  1. Internal comments on the design image
  2. External comments on the design image 
  3. Internal comments that are generic to the design - new!
  4. External comments that are generic to the design - new!

 

Projects: Stage Gates Progress Bar

Stage Gates Horizontal Bar

To make checking progress on a project even easier to visualise quickly, Loupe has added a progress bar to the design section. Each section of the bar represents the number of designs there are in each design stage. To see which section each bar represents, simply hover over the section. This powerful visualisation mechanism builds upon the custom design stage gates we deployed earlier this year, unlocking unprecedented efficiency and system personalisation for our customers using Loupe to drive their NPD.

 

Shipments: Diamond and Gemstone Carat Weight Per Unit

Diamond and Gem weight

Some retailers print diamond and gemstone carat weights of the specific unit on the label for that piece of merchandise. In order to do this, Loupe has now added the columns in the Shipment upload file for vendors to load specific unit carat weights. This data will be made available to retailers both on the shipment page as well as through integration with their Point of Sale.

 

Shipments: Stone Certificate

Stone Certs

To ensure all manual data entry for retailers is a thing of the past, suppliers can now load the stone certificate reference number (or numbers) against specific units in the Shipment upload file. These reference numbers are now visible in the shipment in Loupe, and, critically, they can be ingested by downstream systems (for example, POS systems). 

 

Shipments: Invoice Number 

To make reconciliation of shipments and inventory even easier, suppliers in Loupe can now load their invoice numbers to products in the shipment upload file. This means that any systems that integrate with Loupe can group received shipments and inventory by the supplier's original invoice number.