Bridgestone corporation's strategy Assignment Example | Topics and Well Written Essays - 250 words

Bridgest unitary corporations strategy - Assignment Exampleity of a firm to extend rearwards into the sources and supplies of its strategical materials and/or forward into the supply chain outlets of the final product to the end users (Rudie, 2003). Bridgestone society is one of the most vertically integrated companies in the tire manufacturing industry. The Corporation engages in backwards integration by internal manufacturing and production of key tender materials and intermediate materials used in the production and development of its strategic tire products. According to the 2014 Bridgestone data report, the corporation operates several plants around the globe, which engages in the manufacture and supply of raw materials and intermediate materials into the companys tire manufacturing plants (Bridgestone Corporation, 2014). The corporation has a total of 18 raw materials plants distributed crosswise Americas (7), Europe(1), Middle East/Africa/Russia(1), Asia Oceanic(7) and Ja pan (2). The Saga plant, based in Miyaki-gun, Saga, is the Corporations leadership manufacturer and supplier of steel cord material used in the development of the tire products. different raw material manufacturing plants held by the subsidiaries include Bridgestone BRM Co., Ltd., Bridgestone Tread System Co., Ltd., Japan Mould Industry Co., Ltd., Bridgestone Plant, engineer Co., Ltd., and Asahi Carbon Co., Ltd (Bridgestone Corporation, 2014).The backward vertical integration strategy assumed by Bridgestone Corporation has enabled it to gain a competitive advantage in the global tire manufacturing industry. Backward integration enables the Bridgestone Corporation to ensure perceptual constancy in the supply of high quality steel cord materials (Rudie, 2003). In addition, vertical integration enables the Corporation to focus on developing innovative raw materials for the development of the strategic tire products, and ensuring smooth runway of its operations. Lastly, vertical in tegration enables the Corporation to optimize its internal resources and