“…According to Clement and Schreiber (2016: 80), intermediaries can ensure a decrease in transaction costs between different market actors. They function as central points that bring together supply and demand, and their presence in the market increases transparency and prevents opportunistic behavior.…”
Section: What the Future Holdsmentioning
confidence: 99%
“…This is mainly the case in electronic markets where the Internet and digitalization help suppliers and customers reduce their transaction costs. To assess disintermediation, Clement and Schreiber (2016: 101) suggested that two dimensions be considered, as shown by the matrix in Figure 8. On the one hand, the volume of goods flows, and on the other, information complexity.• The risk of disintermediation is rather low for companies that handle high flows of goods and, at the same time, process complex information.• The more specialized a company’s services are in the supply chain, the lower the risk of disintermediation by an upstream or downstream business partner.Figure 8.Danger of disintermediation (building on Clement and Schreiber 2016: 101).…”
Essemtec AG develops, manufactures, and sells machinery and equipment to the electronics industry. This teaching case presents Essemtec AG’s experience with implementing a configure, price, quote (CPQ) system in its supply chain from the perspective of Tim, the Product Manager, who led the implementation project. This case helps students understand the value and organizational impact of a CPQ system on companies like Essemtec AG.
“…According to Clement and Schreiber (2016: 80), intermediaries can ensure a decrease in transaction costs between different market actors. They function as central points that bring together supply and demand, and their presence in the market increases transparency and prevents opportunistic behavior.…”
Section: What the Future Holdsmentioning
confidence: 99%
“…This is mainly the case in electronic markets where the Internet and digitalization help suppliers and customers reduce their transaction costs. To assess disintermediation, Clement and Schreiber (2016: 101) suggested that two dimensions be considered, as shown by the matrix in Figure 8. On the one hand, the volume of goods flows, and on the other, information complexity.• The risk of disintermediation is rather low for companies that handle high flows of goods and, at the same time, process complex information.• The more specialized a company’s services are in the supply chain, the lower the risk of disintermediation by an upstream or downstream business partner.Figure 8.Danger of disintermediation (building on Clement and Schreiber 2016: 101).…”
Essemtec AG develops, manufactures, and sells machinery and equipment to the electronics industry. This teaching case presents Essemtec AG’s experience with implementing a configure, price, quote (CPQ) system in its supply chain from the perspective of Tim, the Product Manager, who led the implementation project. This case helps students understand the value and organizational impact of a CPQ system on companies like Essemtec AG.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
