What is upstream supply chain?

What is upstream supply chain?

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

What is upstream example?

Upstream activities include exploration, drilling, and extraction. Upstream is followed by midstream (transportation of crude oil) and downstream (refining and distribution) phases.

What is an upstream value chain?

The upstream part of your value chain includes all of the materials, people and environmental factors that contribute to your product and service.

What are supply chains examples?

Supply chain management is the practice of coordinating the various activities necessary to produce and deliver goods and services to a business's customers. Examples of supply chain activities can include designing, farming, manufacturing, packaging, or transporting.

What is the difference between upstream and downstream 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.

What is the difference between upstream and downstream?

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.

What is upstream midstream and downstream in supply chain?

'Upstream' is about extracting oil and natural gas from the ground; 'midstream' is about safely moving them thousands of miles; and 'downstream' is converting these resources into the fuels and finished products we all depend on.03-Apr-2017

What is the upstream process?

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 an upstream company?

Upstream oil and gas production and operations identify deposits, drill wells, and recover raw materials from underground. They are also often called exploration and production companies.

Is procurement upstream or downstream?

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 upstream and downstream process?

Upstream & Downstream Processing. The production of active pharmaceutical ingredients (API) of biopharmaceuticals typically starts with generation of the API via living cells known as the upstream process, followed by purification of the target API, or the downstream process.15-Dec-2021

What are upstream and downstream activities?

Upstream operations are those in which the materials flow into the organization. Downstream operations are those in which materials (mostly in the form of finished products) flow away from the organization to the customers. Similarly, the term logistics is used when talking about a business's supply chain.15-Sept-2017

What are the 5 types of supply chain?

Here are six types of supply chain models that can drive supply chain management for a business:

What is Apple's supply chain?

How does Apple run its supply chain operations? In a nutshell, Apple purchases components and materials from various suppliers, then gets them shipped to the assembling plant in China. From there, products are shipped directly to consumers (via UPS/Fedex) who bought from Apple's Online Store.15-Apr-2020

What are the four types of supply chains?

Six Types of Supply Chain Models

What is upstream product 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

What the difference between upstream and downstream in business?

Upstream refers to the material inputs needed for production, while downstream is the opposite end, where products get produced and distributed.

What is upstream management?

Upstream supply chain management concerns the sourcing of raw materials before distributors sell finished goods to final customers.30-Aug-2022

What are downstream companies?

Companies in the downstream sector are those that provide the closest link to everyday users. After crude oil is discovered and extracted—the upstream process—it's shipped and transported—the midstream process. Thereafter, the oil is refined, marketed, distributed, and sold, which is the downstream process.

Is Chevron upstream or downstream?

upstream

What is 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.

What is upstream supply chain?