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disintermediation |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.01 sec. |
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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 Web site, the benefits of which are convenience, fast turnaround time and sometimes lower prices. Obviously, retail stores are very much against disintermediation. See reintermediation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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? Mentioned in | ? References in periodicals archive | |
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In addition to integration and disintegration, the Internet disintermediates supply chains by eliminating middle layers and reintermediates them by creating new intermediaries. A second objection to purchasing bundled journals is that it disintermediates serials vendors and enjoins libraries from sharing electronic content with outsiders, although this hardly seems significant. It disintermediates traditional physical processes, and we've only begun to do that with the retail side of the business. |
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disintermediates
