I also enjoyed The Goal and found it helpful for my manufacturing business, although I'm having trouble understanding how it connects to this blog post.
It doesn't do with this post. It has to do with pebble. They overproduced and were too carried away with efficient over production and (probably) had warehouses full of pebbles. For years after you could get a new in box one for $40 or $99 at retail when it was supposed to be $200 or so.
I would name Seiko Data-2000 the original, some 28 years earlier. Even if you'd like something more modern-looking the list still has IBM Linux Watch and Samsung SPH-WP10 and others before.
Pebble: https://en.m.wikipedia.org/wiki/Pebble_(watch)
https://www.kickstarter.com/projects/getpebble/pebble-time-a...