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Please respond to the following
A strategy that company implement to control their supply chain and reduce cost is vertical integration. Vertical Integration is where a company owns and\/or acquires most or all of their supply chain. Example a concrete company who owns the material pits where the aggregate comes from, the trucks to transport the material to the plant where all of the materials are mixed into concrete. They also own and operate the trucks to deliver the mixed concrete to the end use. In addition typical they sell to their competitor\u2019s raw materials, i.e. aggregate and cement power, which adds another dimension and advantage, so when we correlate this to lean, supply chain optimization and the different business aspects what are the ramifications for the company?<\/p>\n","protected":false},"excerpt":{"rendered":"
All substantive post at a minimum will meet the following criteria: \u00b7 A minimum of 200 word count of content, (all posting) which does not include, quotes, \u201cI agree\u201d, summations\/synopsis of another posting, and\/or the critiquing of another posting, and\/or salutation and pleasantries, and\/or a restatement of the question(s) \u00b7 Integrate your perspective, theory, research, … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1941","post","type-post","status-publish","format-standard","hentry","category-essaywr"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts\/1941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/comments?post=1941"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts\/1941\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/media?parent=1941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/categories?post=1941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/tags?post=1941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}