Today, global manufacturers have all but abandoned traditional vertical supply chain management to adopt the more flexible horizontal and virtual supply chain concepts. But in changing their business model, they have given up a fair amount of control over their supply chain processes.
automotive giant also owned iron ore mines, steel mills, and a fleet of ships, as well as the manufacturing plants and showrooms that built and distributed the cars bearing his name. The primary benefit of vertical integration is control, since a department or wholly owned subsidiary with no independent presence in the marketplace cannot, for example, deal with competitors to sell its components or services at a higher price. Its operations should, theoretically, be completely visible to the parent compan