Special Report

Memo: Supplying Jewelers With the Right Diamond at the Right Price

Empowering jewelers to meet the needs of their customers is the key benefit of being able to tap into goods on memo.

Diamond Memo: A Time-Honored Tradition

While sending goods on memo has been an industry practice for generations, it is unclear when this it actually began.

How Diamonds Consignment Works

There are benefits and drawbacks to memo, whereby vendors and suppliers loan goods to stores on an as needed basis.

Memo's Undeniable Impact on Jewelry Retailers

Despite the challenges, memo keeps jewelry retailers competitive, since it highlights face-to-face connections.

The Risks of Memo That Every Jeweler Needs to Know

Consignment memoranda are not without risk. If a diamond ends up in the wrong hands, the memo won’t be worth the paper on which it’s written.

Not All Memos Are Created Equal: Consignment's Various Terms and Conditions

Understanding the different payment options related to sending and receiving goods on memo is critical.

How Jewelry Wholesalers Can Make a Memo Bullet Proof

Drafting missteps can invalidate a memo, putting substantial sums of money at risk.

Memos on Your Mind? Expert Advice on Diamond Consignment

A diamond industry expert answers key questions, and clarifies misconceptions, about memos.