What is upstream and downstream in a supply chain?
The upstream portion of the supply chain includes the organization's suppliers and the processes for managing relationships with them. The downstream portion consists of the organizations and processes for distributing and delivering products to the final customers.
The upstream supply chain is the flow of materials necessary to expedite a production process. Upstream processes include outsourcing raw materials—such as plastics, woods, metals, and other more specific and intricate products—and production operating costs to create goods promptly.30-Aug-2022
What the difference between upstream and downstream?
Upstream refers to the material inputs needed for production, while downstream is the opposite end, where products get produced and distributed.
Downstream supply chain operations involve the movement of finished goods from a business to its customers. These operations include distribution, order fulfillment and delivery.
What is upstream and downstream example?
Upstream activities include exploration, drilling, and extraction. Upstream is followed by midstream (transportation of crude oil) and downstream (refining and distribution) phases. Today many large oil companies are integrated, in that they maintain upstream, midstream, and downstream units.
Procurement Process: Upstream and Downstream Simply put, the upstream procurement process is everything that happens from sourcing to awarding the contract. Downstream procurement is everything that happens after the contract is awarded.
What is downstream in logistics?
What is downstream logistics? Overall, downstream logistics refers to any logistic activities aiming to provide customers or end consumers with finished products.
Upstream processes are those in which biological materials are either obtained from an outside source or inoculated and grown in culture, under controlled conditions, to manufacture certain types of products. Downstream processes are those in which the products are harvested, tested, purified and packaged. Common tasks.
What are upstream processes?
Upstream process is the first step of bioprocess from early cell isolation and cultivation, to cell banking and culture development of the cells until final harvest where the desired quantity is reached. Since this is the early stage of bioprocessing, the quality of the product is of critical importance.
Upstream marketing focuses on creating long-term goals and considers the future of the business. In contrast, downstream marketing looks at current customer needs and sets goals that are reachable in a short period of time.
What does downstream mean in business?
What are Downstream Operations? Downstream operations refer to the final processes in the production and sale of goods, where finished products are created and sold to consumers. Sales may be at the wholesale level, business-to-business (B2B), or at the retail level, business-to-consumers.31-Aug-2020
Upstream product management. Upstream product management includes developing roadmaps for various audiences and at different levels of details; creating relationships with customers, suppliers, and industry leaders; and getting business sign off for new initiatives.04-Aug-2015
Are raw materials upstream or downstream?
The upstream supply chain includes all activities related to the organization's suppliers: those parties that source raw material inputs to send to the manufacturer. The downstream supply chain refers to activities post-manufacturing, namely distributing the product to the final customer.02-Nov-2021
Types of Downstream Operations Some of these products include liquefied natural gas, gasoline, heating oil, synthetic rubber, plastics, lubricants, antifreeze, fertilizers, and pesticides.
What is upstream and downstream business?
What Is the Difference Between Upstream and Downstream in the Oil and Gas Industry? Upstream oil companies are involved primarily with oil discovery, extraction, and production. Downstream oil companies instead deal with refining and delivering petroleum products to consumers.
Downstream processing (DSP) describes the series of operations required to take biological materials such as cells, tissue culture fluid, or plant tissues, and derive from them a pure and homogeneous protein product.
What is upstream and downstream project?
Within information technology, the term upstream (and related term "downstream") refers to the flow of data. An upstream in open source is the source repository and project where contributions happen and releases are made. The contributions flow from upstream to downstream.16-Oct-2020
Oil and gas sector comprise three main activities - upstream (exploration and production), midstream (transportation and processing1) and downstream (distribution and sale to end users/consumers).
What is upstream and downstream in SAP?
What is the Upstream and Downstream in Ariba? SAP Ariba Solutions for cloud. It made up of Ariba Upstream (Strategic Sourcing) and Ariba Downstream (Operational Procurement), as well as its rich background and install base for SAP ERP environments and supplier relationship management (SRM) procurement suites.11-Jan-2021
Information only flows upstream in a supply chain. d. Distribution channels are extended beyond the supply chain to better communication.
What is procurement in supply chain?
Procurement includes sourcing, obtaining and paying for goods and services. Supply chain management also covers the logistics involved in obtaining goods, such as shipping and warehouse management, as well as transforming the procured goods into products and distributing them to customers.24-Mar-2021
What is upstream and downstream in a supply chain?