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chain of production

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chain of production

The different production stages through which a good or service passes before being sold to the buyer. For example, a loaf of bread passes from agriculture through milling to baking before finally being sold in a retail shop.



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That is, the pressure is forcing companies in Honduras to invest in creating textile mills and complementary businesses--such as cardboard, thread, labels and stamped fabrics, among others--in order to integrate the chain of production.
Speed to market: China threatens Central America's biggest industry, ... by Velazquez, Andres F. / Latin Trade
While horizontal integration involves the combination of two direct competitors, vertical integration refers to mergers that can close the chain of production by creating a company that is both the main buyer and seller of particular products.
DELAY OF LOCKHEED MERGER DROPS NORTHROP SHARES by Daily News (Los Angeles, CA)
Vertical integration refers to mergers that can close the chain of production by creating a company that is the main buyer and seller of, as in this case, electronics.
LOCKHEED GIVEN DEADLINE TO ADDRESS ANTITRUST ISSUES by Daily News (Los Angeles, CA)
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