A company's suppliers, suppliers' suppliers, and the processes for managing them is known as the _____.

Question

Quizplus · Accepted Answer

The term "upstream portion of the supply chain" refers to a company's suppliers, suppliers' suppliers, and the processes for managing them. This segment of the supply chain is responsible for the acquisition of raw materials, parts, and other inputs that are required to produce a company's finished products. The downstream portion of the supply chain, on the other hand, refers to the processes involved in getting the finished products to customers, which includes warehousing, shipping, and distribution. Internal and external supply chain refer to the entirety of the supply chain, which includes both upstream and downstream portions.

A Company's Suppliers, Suppliers' Suppliers, and the Processes for Managing