As a business owner or operations manager responsible for production, understanding the supply chain is essential to the success of your business. ... Upstream refers to the material inputs needed for production, while downstream is the opposite end, where products get produced and distributed.

What is the meaning of downstream in oil and gas?

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.

What is meant by 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.