Difference between revisions of "Supply Chain"
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== Definition == | == Definition == | ||
| − | '''Supply Chain''' | + | '''Supply Chain''' denotes the complete logistical process (life cycle) of a product or service including: raw materials, transportation, manufacturing, distribution, through end-of-life of the product. The supply chain includes a network of organizations (e.g., manufacturers, wholesalers, distributors and retailers) that are involved in the production, delivery, and sale of a product to the consumer. |
| − | The linked processes that | + | The supply chain comprises linked processes that begin with the acquisition of raw materials and extend through the delivery of products or services to the end user potentially across modes of transport or utility distribution networks and grids. |
| − | + | == Upstream versus Downstream == | |
| + | ''Upstream Supply Chain'' is the full range of activities or processes carried out by entities before the involvement of the undertaking. These provide the products or services (inputs) that are used in the development of the undertaking’s own products or services. | ||
| + | This includes upstream entities with which the undertaking has a direct relationship (often referred to as a first-tier supplier) or an | ||
| + | indirect business relationship. | ||
| + | |||
| + | [[Category:Energy Accounting]] | ||
[[Category:Business Continuity]] | [[Category:Business Continuity]] | ||
[[Category:Supply Chain Finance]] | [[Category:Supply Chain Finance]] | ||
[[Category:ESRS Glossary]] | [[Category:ESRS Glossary]] | ||
Latest revision as of 11:58, 31 May 2023
Definition
Supply Chain denotes the complete logistical process (life cycle) of a product or service including: raw materials, transportation, manufacturing, distribution, through end-of-life of the product. The supply chain includes a network of organizations (e.g., manufacturers, wholesalers, distributors and retailers) that are involved in the production, delivery, and sale of a product to the consumer.
The supply chain comprises linked processes that begin with the acquisition of raw materials and extend through the delivery of products or services to the end user potentially across modes of transport or utility distribution networks and grids.
Upstream versus Downstream
Upstream Supply Chain is the full range of activities or processes carried out by entities before the involvement of the undertaking. These provide the products or services (inputs) that are used in the development of the undertaking’s own products or services.
This includes upstream entities with which the undertaking has a direct relationship (often referred to as a first-tier supplier) or an indirect business relationship.
