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:
- 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 ...
- 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 ...
- 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.
- 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 ...
- What is Backward Integration?
Backward integration occurs when a company buys a corporation that has been a steady supply or vendor. During backward integration...
- 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 ...
- 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 ...
- 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 ...