disintermediation
Definition
The elimination of intermediaries in the supply chain, also referred to as "cutting out the middlemen."
Information
The network economy was initially hailed by many as a way to eliminate intermediaries, enabling a direct path from producer to consumer. This might have been an misjudgment of the nature of intermediaries and networks.
Intermediaries survive by adding value. If changes in the marketplace renders an intermediary's role less valuable, then the intermediary must adapt. If not, the old intermediary will likely be replaced by a new, more valuable intermediary.
Synonyms
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Related Terms
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Sites
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Articles
The Dot-com Bubble-Burst and Disintermediation
InternetNews (January 9, 2001)
The Myth Of Disintermediation
InformationWeek (July 10, 2000)
Distributors Adapt Via 'Re-Intermediation'
InfoWorld (January 28, 2000)
Sidestepping Disintermediation
ClickZ (February 4, 1999)
Saffo: Leave That Middleman Alone
Wired (April 17, 1998)
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