What is upstream supply chain and example?
Supply Chain Professional *Examples of Upstream Processes: In the petroleum industry, locating underground or underwater oil reserves characterizes the upstream process. Additionally, the upstream process in this industry involves bringing oil and gas to the surface.09-May-2015
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.
What does upstream mean in logistics?
What is upstream logistics? Upstream logistics is a term used in the supply chain world to designate any logistical activities occurring prior to the production process.
The upstream part of your value chain includes all of the materials, people and environmental factors that contribute to your product and service.
What is difference between downstream and upstream?
Simply put, upstream works include the exploration and production of crude oil and natural gas, whilst downstream refers to the processes applied after extraction through to it being delivered to the customer in whatever format required.
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.
What is a downstream supply chain?
Downstream supply chain operations involve the movement of finished goods from a business to its customers. These operations include distribution, order fulfillment and delivery.
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.
How do you determine upstream and downstream?
To help you remember which way is upstream on a river, if water comes from, for example, the mountains and flows in a river to the sea, water near the mountains (or source) is upstream, and water nearer the sea is downstream.
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.
What is upstream management?
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
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
What is upstream and downstream marketing?
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.
Upstream and Downstream sales are normally associated with inter-company sales. Upstream is a subsidiary selling into the parent entity; while downstream sales are from parent to subsidiary. Financially, it usually refers to loans, since dividends and interest generally flow upstream.
What is an example of downstream?
Downstream operations are the processes involved in converting oil and gas into the finished product. These include refining crude oil into gasoline, natural gas liquids, diesel, and a variety of other energy sources.
Upstream services means all transmission, gathering, compression, balancing, treating, processing, storage, and like services performed by others under contract with the utility for the purpose of effectuating delivery of gas commodity to the utility's jurisdictional gas facilities.
What are upstream applications?
In software development, upstream refers to a direction toward the original authors or maintainers of software that is distributed as source code, and is a qualification of either a version (released by the original authors, based on their upstream source code), a bug or a patch.
Downstream operations: Activities closer to your customers While upstream operations are those that occur before your firm, downstream activities are those that happen after your firm. This may include using your product or service as part of another firm's input, or retailing of your product.24-Jun-2021
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.
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 the difference between midstream and downstream?
Upstream refers to exploration and production of crude oil and natural gas, midstream is the transportation and storage of crude oil and natural gas, downstream refers to the conversion of crude oil and natural gas into thousands of finished products.
What is upstream supply chain and example?