How I can help you
Ed Murphy 401-996-1765
"How can I help you?"
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I have helped many people to start their own businesses by guiding them through a feasibility study to ensure that their business idea has the potential to earn enough to offset their investment of both time and money. I have helped many with business plans, prepared not just for a funding source but for their own benefit, to establish goals and measure performance. I also have helped underperforming businesses to increase revenue and /or reduce costs to make more profit.
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Industrial Flow Control Valves
Soft Drink Beverage Dispensers
National Business Consulting
Involved in volunteer work with Veterans Administration and Big Brothers.
- Managed a federally funded training grant that involved the recruitment, training and placement of over 50 formerly unemployed people into industrial machine operator positions.
- Designed, developed and implemented analytical tools, like a return on investment calculator, which enabled RIMES consultants to generate new business.
- Implemented the Enterprise Growth platform of services which broadened RIMES core competencies into the sales, marketing and strategic planning functions.
GEORGE S. MAY INTERNATIONAL CONSULTING COMPANY
Led 2-4 concurrent client assignments focused on improving operational performance and waste reduction in small to medium sized American companies.
MURPHY & SPRING, LLC, Westerly, RI
Founded management consulting firm serving industrial clients in the design and rapid implementation of competitive improvement strategies. Served broad range of clients, from GE Capital to small family-owned businesses, in the implementation of operations initiatives like world class manufacturing tactics and ISO implementation.
SERVEND INTERNATIONAL, Sellersburg, IN
EXECUTIVE VICE PRESIDENT AND GENERAL MANAGER
Responsible for the EVA returns for this $60 million, 250-employee division of Manitowoc Corp., in a turnaround situation. This multi-plant division designs, manufactures and markets proprietary beverage dispensing equipment sold to Coke and Pepsi, as well as the foodservice markets.
IMI CORNELIUS, Torrington, CT
VICE PRESIDENT AND GENERAL MANAGER
Responsible for the profitability and return on assets for this $25 million manufacturer of electromechanical equipment sold to the food service and hospitality industries
EDWARD J. MURPHY
MURPHY MANAGEMENT, Farmington, Ct
Founded interim turnaround management firm focusing on under-performing manufacturing companies.
LORI LOCKS, INC., Southington, Ct
Responsible for the corporate restructuring and strategic redirection for this
$ 12 million/year manufacturer of locks and security equipment, in a turnaround situation.
1986 – 1990
XOMOX CORPORATION, Cincinnati, OH
VICE PRESIDENT SALES AND MARKETING
Responsible for the sales management and marketing direction for the $50 million U.S. Division of this operating unit of Emerson Electric.
·Increased sales volume 50% in the domestic market.
·Improved profit margins four points though a rigorous re-direction of pricing policy.
·Restructured division’s domestic distribution strategy.
1971 – 1986
ITT CORPORATION, Various locations
Joined ITT World headquarters as part of MBA Executive Development Program. Served in a variety of line and staff assignments in different divisions of ITT Grinnell, a $1 billion manufacturer and distributor of pipe, industrial valves and fittings. Positions included Purchasing Manager, Materials Manager, Product Development Manager, Product Line Manager and General Manager. Involved in strategic planning, acquisitions, design for manufacture cost improvement programs, new product projects and all phases of the marketing function. Experience culminated in a P&L position as VP and General Manager of a $15 million operating division, called Fabri-Valve, a leading manufacturer of fabricated and cast steel knife gate valves sold to the Pulp and Paper, Power and Waste Treatment industries.
Served as a Captain of Marines, including a combat tour as an Infantry Advisor and Artillery Officer.
Areas of Expertise
- Business Strategy & Planning
- Manufacturing & Product Development
- Business Operations
- Sales, Marketing & Public Relations
- Real Estate, Rental Services and Leasing
- Manufacturing & Mining
- Consulting, Research and Business Services
- Nonprofit, Public and Professional Organizations
MBA George Washington University
BS Economics Villanova University