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backward integration

Acquiring ownership of one's supply chain, usually in the hope of reducing supplier power and thus reducing input costs.

Related information about backward integration:
  1. Backward Integration Definition | Investopedia
    A form of vertical integration that involves the purchase of suppliers. Companies will pursue backward integration when it will result in improved efficiency and ...
     
  2. Vertical integration - Wikipedia, the free encyclopedia
    In microeconomics and management, the term vertical integration describes a style of management control. Vertically integrated companies in a supply chain ...
     
  3. What is backward integration? - InvestorWords.com
    Definition of backward integration: Acquiring ownership of one's supply chain, usually in the hope of reducing supplier power and thus reducing input costs.
     
  4. Backward Integration
    Backward Integration is an approach of a company to increase its level of control on its inputs. It is a part of the Corporate Strategy which is defined as “the match ...
     
  5. What is Backward Integration?
    Backward integration occurs when a company buys a corporation that has been a steady supply or vendor. During backward integration...
     
  6. What is backward integration? - BusinessDictionary.com
    Definition of backward integration: Type of vertical integration in which a consumer of raw materials acquires its suppliers, or sets up its own facilities to ensure a ...
     
  7. Backward Integration - Financial Dictionary - The Free Dictionary
    A business model whereby a company takes direct control of how its products are supplied. For example, a company may buy another company that previously ...
     
  8. Examples of Backward Vertical Integration Strategies | Chron.com
    Forward integration means it is integrating businesses toward the end customer; backward integration means it is integrating in the direction away from the ...