Management Glossary

  Search Results: disintermediation
The removal of a middleman (i.e., intermediary) from the normal flow of business transactions. For example, consumer goods manufacturers that open Web stores to sell directly to end-customers are practicing disintermediation. In doing so, they eliminate at least one intermediary between the manufacturer and the consumer (the retailer) and likely multiple intermediaries (one or more levels of distributors in addition to the retailer).
Contributed by: Managerwise Staff

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