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Montrichard interview’s EWatchFactory’s Jim Herbert on how he successfully leveraged FINS for Disney

Recently, we had the pleasure of meeting with Jim Herbert to discuss about how he uses FINS, Montrichard’s Just-In-Time supply chain management software. Jim is currently president of EwatchFactory, and we’ve focused on his relationship with Disney as a licensed producer and wholesaler. Jim has been in the jewelry and accessory business for over 30 […]

Montrichard Interview’s Mark Parker on his Vision for the Watch Industry

Recently, we had the pleasure of interviewing Mark Parker on his vision for the watch industry today and the trends of the future. Mark started working in the business in 1998 with Timex and moved to Fossil in 2002 as Senior Vice President for Asia. Today, Mark remains involved both in the fashion arena as […]

An Introduction to Push and Pull Inventory Management

During the next 5 weeks, we will be presenting a series of articles that allow watch brands to better understand the advantages of moving from a “push inventory” to a “pull inventory”. Push inventory management is the traditional OEM supply chain based on future sales forecasts of 4 to 6 months. This method typically requires […]

The Differences Between Swiss Made, Swiss Movement, and Swiss Parts

There are a lot of things Switzerland is known for. However, it is the watchmaking industry that holds a long-time legacy. Despite the impact of the Quartz Crisis during the early 1970 and 1980, the Swiss watchmaking expertise remains an empire that is recognized around the world. Known for its excellent craftsmanship, the Swiss watch […]

How Different Industries Use Just-In-Time Inventory Management for Success

As the global marketplace becomes more competitive and profit margins tighten, companies are looking toward a future that takes advantage of lean manufacturing principles and Just-In-Time inventory management for greater efficiency, cost savings and better service to customers. This revolution in manufacturing methods began when Toyota perfected JIT, a method to reduce waste in time […]

Just-in-Time manufacturing for the Watch Industry is Making Warehouses Obsolete

2018 is looking bright for luxury watchmakers. As the industry recovers from a few difficult years, successful brands are making changes to their operations to avoid the pitfalls that rocked the watch world in 2015 -2016. Back then, riding the boom of Asian demand, most watch companies responded in a very traditional manner: increasing production […]

5 Ways Watch Brands Maximize Profits with FINS Cloud Based ERP

As profit margins tighten and competition heats up in the watch industry, properly managing inventory and resources is more essential than ever. The winners in the business are the brands that can lower costs, streamline operations and effectively connect employees, clients and production. ERP business management software is an integrated software solution that can manage […]

How FINS lets Watch Brands Capitalize on the Consumer Demand for Personalization

For decades, personalized products were reserved for wealthy consumers and limited to hand-made products and niche industries. But today, personalization in the luxury sector has become an important way to attract and retain new customers. Bespoke fashion for the average consumer is no longer a luxury, it’s an expectation. Today’s consumers show less brand loyalty […]

How FINS Solves 5 Difficult Issues Facing the Watch Industry Today
Part 5 – Not Adopting New Technologies

The internet and its associated technologies are disrupting every industry. The watch business is no exception. Online sales and upstart brands have challenged longtime industry leaders with lower overhead, new direct marketing methods and faster supply chains that are adaptable and agile to excel in an increasingly crowded marketplace. For watch brands to remain relevant […]

How FINS Solves 5 Difficult Issues Facing the Watch Industry Today
Part 4 – Outdated Marketing

In the age of the internet, new technologies, manufacturing models, and business structures are disrupting long-held beliefs and traditional business practices across every industry. Just as the rise of online shopping caught brick & mortar retailers by surprise, legacy industries such as watchmaking are playing catch up in a world that moves faster, has more […]