The success of procurement executives in a firm depends on their ability to develop effective purchasing operations and execute them timely without bloating the firm’s expenditure. Procurement managers have to optimize the firm’s profitability and enhance the firm’s long-term survival. Therefore, procurement managers have to strike an optimal balance between the firm’s desired level of customer service and satisfaction, and the accompanying costs as Rink and Fox (2011) postulate. The task of procurement executives is to gather information on potential suppliers and evaluate them, conduct value analysis, and then expedite shipments to consumers. Following herein is an exposition of General Electric Company’s procurement and acquisition practices touching on the coordination and acquisition with actual product demand, procurement services inventory management, and the scheduling of production supply chain management. General Electric Company (GE) is currently producing on a lean Six Sigma product development process. While quoting a GE’s investor update in 2017, Patrick (2017) maintained that GE planned to streamline operations and its supply chain via a myriad of changes meant to increase profits and lower costs. Currently, GE deals in a wide a range of products and services spanning from aircraft engines and parts, medical imaging, financing and power generation to industrial products, and oil and gas production (Reuters, 2019) implying that the firm uses a wide range of products for that. According to Ku (2012), GE uses about three billion pounds of material annually spending about 50% of its annual cost on the acquisition of raw materials. According to Ku, GE uses up to 70 of the first 83 elements of the periodic table in addition to about nine rare earth elements such as yttrium, cerium, terbium, lanthanum, europium, neodymium, dysprosium, lutetium, and gadolinium. 97% of the rare earth materials used by GE come from China. Additionally, GE uses recycled end-of-life parts via SOS Metals Company which the Precision Castparts Corp. casts for GE (Ku, 2012). As The Strategic Sourceror (2015) posits, GE is also in pursuit of mergers and acquisitions with its long-term suppliers as exemplified by the acquisition of Metern Corp. of New Jersey – a supplier for GE since 1970. GE has had to outsource its manufacturing plants to developing nations, establish research and development centers outside US borders, shifting company divisions and head offices to foreign lands, as well as focusing more on exports (Mullock, 2016). This implies that GE averts incurring heavy transport and logistics costs by moving its production plants close to the source of raw materials and cheap labor. Offshoring and outsourcing have a significant impact on GE’s quality and supply chain. GE has seeming performed well with the diversification strategy. GE is a highly innovative and a diversified conglomerate and is both a make-to-order and an engineer-to-order type of a producer. The factors outlined above coupled with the desire of GE to reduce inventory, cut costs through “rigorous” supply chain management, and “revamping” the supply chain so that it is “aligned directly to the CEO (P