Matches in DBpedia 2016-04 for { ?s ?p "In economics, disintermediation is the removal of intermediaries in a supply chain, or \"cutting out the middlemen\" in connection with a transaction or a series of transactions. Instead of going through traditional distribution channels, which had some type of intermediate (such as a distributor, wholesaler, broker, or agent), companies may now deal with every customer directly, for example via the Internet.Disintermediation may decrease the cost of servicing customers and may allow the manufacturer to increase profit margins if total costs are actually decreased by eliminating distributors or resellers.Disintermediation initiated by consumers is often the result of high market transparency, in that buyers are aware of supply prices direct from the manufacturer. Buyers may choose to bypass the middlemen (wholesalers and retailers) to buy directly from the manufacturer, and pay less. Buyers can alternatively elect to purchase from wholesalers. Often, a business-to-consumer electronic commerce (B2C) company functions as the bridge between buyer and manufacturer.To illustrate, a typical B2C supply chain is composed of four or five entities (in order): Supplier Manufacturer Wholesaler Retailer BuyerIt has been argued that the Internet modifies the supply chain due to market transparency: Supplier Manufacturer Buyer↑ ↑"@en }
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- Disintermediation abstract "In economics, disintermediation is the removal of intermediaries in a supply chain, or \"cutting out the middlemen\" in connection with a transaction or a series of transactions. Instead of going through traditional distribution channels, which had some type of intermediate (such as a distributor, wholesaler, broker, or agent), companies may now deal with every customer directly, for example via the Internet.Disintermediation may decrease the cost of servicing customers and may allow the manufacturer to increase profit margins if total costs are actually decreased by eliminating distributors or resellers.Disintermediation initiated by consumers is often the result of high market transparency, in that buyers are aware of supply prices direct from the manufacturer. Buyers may choose to bypass the middlemen (wholesalers and retailers) to buy directly from the manufacturer, and pay less. Buyers can alternatively elect to purchase from wholesalers. Often, a business-to-consumer electronic commerce (B2C) company functions as the bridge between buyer and manufacturer.To illustrate, a typical B2C supply chain is composed of four or five entities (in order): Supplier Manufacturer Wholesaler Retailer BuyerIt has been argued that the Internet modifies the supply chain due to market transparency: Supplier Manufacturer Buyer↑ ↑".