| GENERAL ELECTRIC (GE) | | |

To review the company, General Electric (GE) supply chain and its components. Show how expansion within a company can be profitable over time. |

General Electric also known as GE has been around for many years. GE is a global company that provides a variety of products in the United States and abroad. The company started in 1900 in a barn and they have been much more advanced as the years have progressed (Heritage of research, 2012). GE has more than 3000 employees working in research facilities throughout the United States, India, China, and Germany (Heritage of research, 2012). Through the years, the company has won several Nobel prizes and other awards for the remarkable research they have performed over the years and they are not completed yet (Heritage of research, 2012). GE has many subsidiary companies and therefore has broaden their initial company from just electrical and appliance to healthcare equipment and even aircraft technology (Product & services, 2012).
The six elements of the supply chain strategy are leverage, communications, efficiency, innovation, risk management, and continuous improvement (The 6 Elements of Supply Chain Strategy, 2012). When viewing a section of GE under GE Healthcare, they handle supply chain a little differently. They look more into working with the community because GE’s goal overall it to make money but do it the proper way and make a difference in the work that they do (Mixing diversity into the supply chain process, 2012). The communication aspects of the company vary. This is a very large company when it comes to different areas of business so the company has to use press release via newsfeeds online, the internet, and direct communication with shareholders (Newsfeeds, 2012).
GE Energy is always concentrating on efficiency and innovation. They