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In this video, we discussed vertical integration and its various types that are Forward integration and Backward integration.
Vertical Integration: Vertical integration is a strategy whereby a company owns or controls its suppliers, distributors, or retail locations to control its value or supply chain. Vertical integration benefits companies by allowing them to control processes, reduce costs and improve efficiencies.
forward integration involves the purchase part of the process that takes place after the manufacturing activity of the company in the supply chain.
Backward integration consists of buying part of the supply chain that takes place before the manufacturing phase of the product.
This video consists of the followings:
1. Vertical Integration meaning
2. Types of vertical integration
3. Forward Integration
4. Backward Integration
5. Examples of vertical integration
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#verticalintegration
#forwardintegration
#backwardintegration
#forwardandbackwardintegration
#verticalintegrationmeaning
#verticalintegrationinhindi
#forwardintegrationinhindi
#Examplesofverticalintegration
#Examplesofbackwardintegration