TIMEX Group Introduces FINS Solution

TIMEX Group Introduces FINS Solution Flexible Manufacturing Solution Dramatically Increases Speed to Market and Design Flexibility For Leading Watch-Maker Middlebury, CT (November 3, 2017) TIMEX Group, a global leader in watchmaking for more than 160 years and Montrichard have entered into an agreement to implement the web based solution, FINS – a cloud based ERP […]

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How FINS Solves 5 Difficult Issues Facing the Watch Industry Today
Part 2 – Overproduction

Today, the watch industry is struggling to adapt in a complex and fractured marketplace. As with all industries coming to terms with disruption caused by the growth of ecommerce and Industry 4.0 – the current trend of automation and data exchange in manufacturing, the watch industry can no longer rely on outdated production and operation […]

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How FINS Solves 5 Issues Facing the Watch Industry Today
Part 1 – Unsustainable Growth

The watch industry is complex and many faceted. It has always faced challenges both from competition within as well as from outside market disruptions such as the ‘Quartz Crisis’ of the 1970’s & 1980’s. Then, it was upheaval caused by the explosive growth of cheaper quartz movements threatening the Swiss mechanical movement industry. Now it […]

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The FINS Solution – A cash flow generator for the watch industry

Fact: Cash flow problems are fatal to business. The research firm CB Insights recently notes that 29% of startups fail due to insufficient cash flow. Cash flow problems are cited as the 2nd most common cause of business failures. If you are wondering about the 1st most common cause, it’s a lack of demand for products. The […]

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How Smart Manufacturing delivers profits for the watch industry

Technology is rapidly changing the way goods are manufactured, distributed and sold. Every industry is changing with old leaders being disrupted and left behind while new, faster, more agile enterprises are thriving. A decade ago, it would have been hard to imagine that an online book seller could completely upend the retail landscape and signaling […]

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Private Equity Firms Agree That FINS Enabled Watch Companies Are Easier To Sell

Montrichard Group, creator of the FINS cloud ERP solution for the watch industry was recently asked how the solution can help companies that are preparing for acquisition, sale or partnerships. They asked 5 Private Equity firms to give their insight. The group researched the tools and data that FINS provides and the answer was clear […]

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The Top 5 Reasons to Use a FINS Watch Supplier

The FINS solution for the watch industry has had a transformative impact on watch manufacturing over the last few years. As the 1st Cloud ERP solution created specifically for the Watch Industry supporting Just-In-Time manufacturing, FINS uses lean inventory practices, micro-manufacturing and advanced merchandising to enable cost savings and marketing opportunities previously unavailable to watch […]

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How to Create Your Own Watch Brand with Montrichard Starter Packs

Anyone who appreciates watches knows how much work goes into producing a quality timepiece. From design to procurement, prototyping to mass production, there are a myriad of steps to get a watch designed and produced and finally, to your wrist. The process may seem daunting, but working with an experienced partner who can provide the […]

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Top 5 Reasons to Upgrade to a Cloud ERP

Cloud ERP (Enterprise Resource Planning) innovation has been one of the most important components moving manufacturing into the future. In fact, International Data Corporation (IDC) reports that 60% of small and medium businesses say the cloud plays a critical role in giving them an advantage over competitors. The cloud and its advantages across all industries […]

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The FINS Solution for the Watch Industry – with Jean-Roch Martin (video)

We chose the bustling and exciting city center of Hong Kong to meet today with Jean Roch Martin. He is the former APAC CFO of a Global Tier 1 Investment Bank, and current CEO and founder of Finance Advisory Board Ltd. Today he shares with us how he helped Remi Chabrat create the new financial […]

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