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Showing posts from August, 2019

What are the functions and importance of intermediaries within a lumber product business?

Agents and merchants are the two types of intermediaries or middlemen. Agents help to make a business connection between the owner of the lumber mills and the buyers of lumber. Western red cedar is the perfect option for making furniture. These are environment-friendly, naturally resistant to insects and decay.  Brokers possess enough knowledge of lumber products as well as the marketplace. They also work as western red cedar suppliers in the lumber product business and play a role of distribution channels in the form of wholesale or retail. Generally, merchants take responsibility for the title of product and selling of products. Functions There are several functions of intermediaries or middlemen and some of these functions are: Make contracts and deliver the products Keep contacts with the purchaser of the products Provide storage or inventory Arrange for transportation Make negotiation for cost and delivery of the products Importance of intermediaries or