SupplyChain Magazine October 2017 | Page 144

GE

With a rich , extensive history and a diversified portfolio , General Electric continues to go from strength to strength

Established in the 19th century , General Electric ( GE ) continues to serve customers in a range of sectors , such as energy , transportation , aviation and healthcare . Acquiring a rich portfolio , the company successfully integrates hardware and software to enable customers to deliver positive economic and environmental impacts , whilst promoting sustainability , innovation and knowledge sharing throughout its operations . GE has produced multi-million-dollar cost reductions and savings for businesses globally , and expanded into Bahrain in the 1970s to support the inventory of company gas turbines . To this day , the company continues to deliver strong procurement and research services , with a focus on environmentally friendly solutions .

Employing over 2,000 individuals within eight countries , GE in the
Middle East has built a number of strategic partnerships to ensure quality service delivery to clients and stakeholders . With a focus on reduced emissions , the company has invested $ 20bn towards clean research and use of clean energy sources , investing approximately $ 200mn in Middle East localisation initiatives over the last two years . The region has now become home to the King Abdullah University of Science and Technology , an Energy Power Technology Center , an Advanced Research & Technology Center in Qatar Science & Technology Park , the ConocoPhillips & GE Global Water Sustainability Research Center , amongst others .

Clean energy

GE ’ s focus on providing energy saving solutions links with the company ’ s launch of Ecomagination , described by GE Ecomagination Executive
144 October 2017