Definitions for "Forward Integration" Add To Word List
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The expansion of a business products and/or services to related areas in order to more directly fulfill the customers needs.
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Increasing vertical integration by combining a core business with its buyers.... more on: Forward integration
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Acquisition by a firm of a larger part of its distribution chain, moving it closer to selling directly to its ultimate customers.
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When an organisation acquires the activities of its outputs, e.g. manufacturer into distribution and transport. Functional organisation structure A structure in which the different functions of the organisation, such as finance and operations, report to the chief executive. Used in organisations with a limited product range.
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Company's seeks ownership or increased control of its distribution system.
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A type of vertical marketing in which a manufacturer purchases wholesalers or retailers that handle its products.
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A form of vertical integration that involves expanding a business so it directly distributes its products.
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