Vertically integrating is a type of business strategy that focuses on gaining control and ownership over the stages of production—from raw materials to final distribution. This approach seeks to add value by increasing efficiency and effectiveness. Rather than relying on multiple suppliers, manufacturers, or distributors, businesses who vertically integrate attempt to manage each step in the process themselves—ultimately allowing them to improve operations, reduce costs, and increase profits. By combining aspects of production and supply chain management, businesses that vertically integrate make strategic decisions that maximize their return on investment while minimizing their risk.