by Tim Murphy | Mar 11, 2025 | Uncategorized
Strategic sourcing is a highly structured procurement tool that leverages high supplier engagement and market competition to improve commodity or service knowledge, enhance quality and service delivery, and optimize unit cost. It is a disciplined process that ensures...
by Tim Murphy | Feb 26, 2025 | Blog
Achieving strategic procurement can be a challenge for companies, as it encompasses much more than achieving cost savings or securing better suppliers. While these components are important, procurement becomes truly strategic when it aligns with and actively helps a...
by Tim Murphy | Feb 17, 2025 | Blog
Navigating the complexities of US import tariffs is a pressing challenge for businesses operating in today’s global marketplace. With tariffs driving up costs and impacting profitability, companies must adopt innovative strategies to remain competitive. One highly...
by Tim Murphy | Feb 11, 2025 | Blog
The conversation around re-shoring—relocating production and manufacturing operations back to the United States—has gained significant momentum in recent years. Triggered by geopolitical pressures, trade disruptions, and the need for stronger supply chain resilience,...
by Tim Murphy | Apr 11, 2024 | Blog
Critical minerals are elements that are essential to the production and function of various technologies and systems, including those pivotal to the clean economy, such as batteries, renewable energy technologies, and electric vehicles. Their importance cannot be...
