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Re: truckerjoeh post# 43170

Tuesday, 08/19/2014 10:36:08 AM

Tuesday, August 19, 2014 10:36:08 AM

Post# of 133793
Everyone Here Familliar With "Vertical Integration" :)

This Line from the PR could Put us in multi pennies, as supplying everything themselvs is $$$$'s in the Bank. Lol anyways.....

"vertical integration"

In microeconomics and management, vertical integration is where the supply chain of a company is owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need. It is contrasted with horizontal integration. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership, but also into one corporation (as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers).

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