vertical integration

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Related to Vertically-integrated: Backward Integration

vertical integration

- The merging of companies that are within the chain of companies that handle a single item from raw material production to retail sale.
See also related terms for vertical.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.vertical integration - absorption into a single firm of several firms involved in all aspects of a product's manufacture from raw materials to distribution
consolidation, integration - the act of combining into an integral whole; "a consolidation of two corporations"; "after their consolidation the two bills were passed unanimously"; "the defendants asked for a consolidation of the actions against them"
References in periodicals archive ?
The city they are Invading is the capitated, hospital-centered, vertically-integrated delivery system of today.
Autos: General Motors, using the hierarchical vertically-integrated method, takes $5 billion and five years to design a new car, whereas network-integrated competitors, such as Chrysler and Toyota, can design a car for a third of the cost, and in less than half the time.