๐ Effect of internet and eccomerce
Small ventures, SME and entrepreneurs can sell direct to national or international customers.
- Use of logistic partners
- No need for satellite units
- Business is sustained without need for local demand
- Reduction of intermediaries of costs
- No wholesaler or commission
- Supply direct from manufacturer
- JIT (Just In Time) manufacturing can be exploited
- Real time 24/7 management of business processes
Intermediaries
A person who acts as a link between people in order to try and bring about an agreement; a mediator