forward integration

(redirected from Integration, Forward)

Forward Integration

A business model whereby a company takes direct control of how its products are distributed. For example, a company may market its products directly to consumers rather than selling them to a retailer. Alternatively, forward integration may involve the company simply acquiring the retailer. See also: Backward integration.

forward integration

see VERTICAL INTEGRATION.

forward integration

the joining together in one FIRM of two or more successive stages in a vertically related production/distribution process; for example, flour millers acquiring their own outlets for flour, such as bakeries. The main motives for forward integration by a firm are to secure the market for the firm's output and to obtain cost savings. See VERTICAL INTEGRATION, BACKWARD INTEGRATION.

Mentioned in ?

References in periodicals archive ?

Vertical integration, forward and backward, can help optimize the supply chain and earn higher profits.

Brazil : Health and Food Safety Concerns Compel Advancements in the Animal Feed Additives Market in Brazil, Finds Frost & Sullivan

While there are many examples, some might include functional capabilities, products and technologies, metal types, channels and geographies, backward integration, forward integration and customer segments.

Hone your strategic planning skills! With planning never more critical, these exercises can help you make informed, forward-looking decisions on your business' core competencies and ancillary opportunities. (Executive Memorandum)

With this integration, forward thinking lenders like Iowa Bankers can streamline their business activities, gain increased efficiencies and ultimately be more competitive in an increasingly competitive marketplace.

Iowa Bankers Converts to INTERLINQ Mortgage Technology; Iowa Bankers Selects MortgageWare Enterprise Solution to Streamline Lending and Servicing Operations