The Rapaport Group announced that it has purchased a 50 percent share in Octahedron Pty Ltd, the web-based point-of-sale and business management software company for the jewelry industry.
Octahedron's innovative jewelry store management software increases productivity, efficiency and profits, as it enables optimal management of company resources. Thousands of jewelers across the globe will benefit from this new technology as the global reach of Octahedron is extended through its association with Rapaport.
Octahedron has already earned international recognition for its cutting edge technology that provides advanced inventory management solutions to jewelry stores around the globe. The company is also known for its personal customer support and superior training facilities.
The relationship with Rapaport will enable Octahedron to open two additional customer support desks in Las Vegas and India, allowing 24-hour first class customer support as the company's products are introduced into the major United States and Indian markets. Clients will also enjoy improved access to electronic markets, providing global sourcing as well as sophisticated market news and information.
Octahedron will retain its distinct brand identity and will operate independently of the Rapaport Group. Octahedron's head office will remain in Brisbane, Australia, and all employees will remain with the company.
“Octahedron is a first class company with excellent technology and management, said Martin Rapaport, chairman of the Rapaport Group. “Jewelers across the globe will use Octahedron's software to increase productivity and profits. The Rapaport Group and Octahedron share a common vision that embraces the benefits of technology to meet the challenges of change. Octahedron also shares our values of honesty, transparency and a total commitment to improving the business of our clients.”
marketing@alchempro.com
