disintermediation

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Related to disintermediated: Reintermediation

disintermediation

The elimination of the distributor and/or retailer (the middleman) when making a purchase. The term is used to refer to purchasing directly from a manufacturer's website, the benefits of which are convenience, fast turnaround time and sometimes lower prices. Obviously, retail stores are very much against disintermediation. See re-intermediation.
References in periodicals archive ?
Those whose value propositions still revolve around shopping for products and services are simply waiting to be disintermediated.
The legal industry has disintermediated into a similar type of supply chain with choices including an array of LPOs and third party vendors in a variety of aspects of litigation support.
While disintermediated search may be convenient, complex research problems are never going to be resolved as well solely by a search engine as they will by intermediation by an information professional.
If insurers don't embrace the changing times that connected cars present and represent, they risk being disintermediated by third parties that are more skilled in analyzing the vast amount of data that connected cars generate.
When Chuck Schwab introduced the RIA custody model 25 years ago, he effectively disintermediated institutional brokers by offering a cheaper way to do business for these discretionary managers as well as the emerging market for financial planners.
In an era where the pharmacist's role is evolving from pill dispenser to dispenser of information, are we at risk of being disintermediated by an app?
n The US banking sector is much more disintermediated - banks do not always stand between clients and capital markets - and has a client base that is generally more open to risk than risk averse.
The slower pace, the comparatively low level of spending and the lack of real client contact all can be sources of frustration For some stellar candidates, these are serious hurdles They don't want to be disintermediated from clients.
But it's another way for publishers, in some ways, to be disintermediated.
Douglas's argument was, 'all of my friends will come along and publish on digital village and you the publishers will be disintermediated, you will be irrelevant'.
In economic lingo, the president has disintermediated the U.