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Supply Chain Management: Case Study: Montrichard Group

752 Words4 Pages

Montrichard Group Montrichard Group is an established international watchmaking company with over 20 years of expertise in the field of watch manufacturing. It is founded in 1993 by Remi Chabrat with its headquarters at Hong Kong. History Montrichard Group is founded in 1993 by Remi Chabrat. In a span of over 20 years, the company is the leading watchmaking company in Switzerland and in China. It is also the trusted supplier of many luxury watch brands worldwide and is focused on providing only the best innovative technologies for its customers. With its headquarter in Hong Kong, Montrichard Group’s other offices are located in Asia, Europe and United States of America (USA). These sales offices are oriented to present only the ideal strategies …show more content…

TIMEX Group’s President and Chief Executive Officer (CEO) Tobias Reiss-Schmidt, together with Montrichard Group’s CEO Remi Chabrat, sealed the deal on November 3, 2017, at Middlebury in Connecticut, USA. The deal allows TIMEX to utilize FINS to optimize their supply chain for selected brands and to provide an end-to-end optimization process of creating a demand-driven supply chain solution that cut costs, simplifies procurement of products, and reduces the time to market. Another inclusion in the deal is for Montrichard to do the outsourcing of watch assembly to TIMEX’s facility for up to five million watches per year. At the end of November 2017, the first made-to-order production using FINS has been successfully readied out for use. The sales teams of certain TIMEX’s divisions are expected to utilize the FINS cloud-based web interface starting early January 2018 and is predicted to cater production orders ranging from a few pieces to several thousand or more. Company Locations Headquarter: Hong Kong Special Administrative Region (S.A.R) of China Montrichard (H.K.)

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