For decades, vertical integration meant ownership. According to Michael E. Porter's seminal work Competitive Advantage: Creating and Sustaining Superior Performance, companies sought to reduce costs, ...

Vertical integration makes sense as a strategy, as it allows a company to reduce costs across various parts of production, ensures tighter quality control, and ensures a better flow and control of ...

Walmart recently opened its first beef processing plant in Kansas, which will allow the retailer to package its own cuts and distribute them directly to its stores. Walmart doesn’t specifically use ...