How to Cut Out The Middleman in Your Supply Chain
In any supply chain, the middleman is a necessary evil. The middleman is someone who acts as a link between two parties who don’t have any direct connection to one another. For example, a middleman might be a car dealer who acts as a link between a person who wants to buy a car and the car manufacturer. In a supply chain, a middleman acts as a link between suppliers who don’t have any direct connection to one another. They take their orders from one supplier, then pass them on to the next one, and so on until it reaches their final destination. A middleman is a necessary evil, but in many cases, it can be a costly one. This is because middlemen often have to pay fees to cover costs such as buying inventory and paying staff. They can also have to pay suppliers a fee for acting as an intermediary. It’s worth taking steps to minimize the middleman in your supply chain, as it can not only reduce costs but also help to increase transparency and reliability. The benefit of cutting out the ...