What information is passed upstream and downstream within 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.
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.
What is upstream and downstream in procurement?
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 are the three different types of flow in supply chain management?
There are three main flows of supply chain management: the product flow, the information flow, and the finances flow.
What is upstream and downstream data?
Upstream is where it comes from, downstream is where it’s going. Imagine a system where data comes from a source and moves through stages of processing before arriving at a destination. the data flows “downstream” just like water.
What are the upstream in supply chain management?
Upstream Supply Chain: A part of a supply chain system, process or relationship between a company and its raw materials and packaging suppliers. “Upstream” looks at supply side of the supply chain toward the origin of a raw material in the supply chain process.
What is upstream and downstream example?
*Examples of Upstream Processes: In the petroleum industry, locating underground or underwater oil reserves characterizes the upstream process. In the oil and gas industry, the downstream process consists of converting crude oil into other products and then selling those products to customers.
What are the types of procurement?
Types of Procurement
| Direct Procurement | Goods Procurement | |
|---|---|---|
| Examples | Raw materials, components and parts, machinery, items purchased for resale | Raw materials, wholesale items, office supplies |
What are 3 flows?
Supply chain management is the management of these three flows:
- Material (Product) Flow.
- Information Flow.
- Financial Flow.
What are the three important flows in logistics management?
SCM flows are divided into three main flows: Product flow – the movement of goods from the supplier to the consumer along with returns and other service requirements. Information flow – transmitting orders and updating the status of delivery.
What is upstream and downstream in genetics?
In molecular biology and genetics, upstream and downstream both refer to relative positions of genetic code in DNA or RNA. Upstream is toward the 5′ end of the RNA molecule and downstream is toward the 3′ end.
What are upstream and downstream dependencies?
Upstream dependencies are backlog items that must be completed prior to the current story, defect, or test set. Downstream dependencies are backlog items that cannot be completed prior to the current story, defect, or test set.
What is the difference between upstream and downstream supply chain?
Often, different stages within the supply chain are referred to as upstream or downstream. 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.
Which of the following is an example of upstream activity?
Transporting or shipping to the plant is another example of upstream activity. Downstream from the assembly plant are distributors, shipping partners, and point-of-sale stops along the way, such as wholesalers and retailers.
How do you know if an item is upstream or downstream?
In any context where the concept of “upstream” and “downstream” is used, we can apply two simple rules to find out which item is upstream or downstream of another. If an item adds value to another or depends on it in any other way, it’s most certainly downstream.
What is the final step in the supply chain process?
The final step is distribution which can involve multiple different intermediaries. Some of these middle-men could be wholesalers, retailers, distributors, and even the internet. Often, different stages within the supply chain are referred to as upstream or downstream. Upstream operations are those in which the materials flow into the organization.