backward integration

Popular Terms
Type of vertical integration in which a consumer of raw materials acquires its suppliers, or sets up its own facilities to ensure a more reliable or cost-effective supply of inputs.

Use 'backward integration' in a Sentence

There was backward integration in the region as the beneficiary of our product for so many years decided to source it in house.
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There are times where it may be best to use backward integration to come up with new ways to improve profits.
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To ensure a more steady supply of inputs, we implemented something called backward integration that would help us out quite a bit.
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