YGL ERP4.0 software systems combine horizontal and vertical attributes to meet the needs of specific companies in specific industries.
Horizontal and vertical integrations are strategies used by businesses in the same industry or production process. In a horizontal integration, a company takes over another that operates at the same level of the value chain in an industry. A vertical integration, on the other hand, involves the acquisition of business operations within the same production vertical.
KEY TAKEAWAYS
• A horizontal acquisition is a business strategy where one company takes over another that operates at the same level in an industry.
• Vertical integration involves the acquisition of business operations within the same production vertical.
• Horizontal integrations help companies expand in size, diversify product offerings, reduce competition, and expand into new markets.
• Vertical integrations can help boost profit and allow companies more immediate access to consumers.
Do you need an ERP tailored to your business model, a more flexible platform, or need a sound board to figure it out? We’re here to help. As a YGL ERP4.0 provider, our knowledgeable consultants will guide you through the process for success.
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