Podcast
Questions and Answers
What are upstream partners in the supply chain responsible for?
What are upstream partners in the supply chain responsible for?
- Providing raw materials, components, parts, information, finances, and expertise (correct)
- Directing marketing channels towards the customer
- Focusing on the delivery and marketing of the finished product
- Establishing a critical link between the firm and its customers
Who comprises the downstream partners in the supply chain?
Who comprises the downstream partners in the supply chain?
- Wholesalers and retailers (correct)
- Components and parts suppliers
- Firms providing raw materials
- Financial and informational experts
What is the primary focus of downstream partners in the supply chain?
What is the primary focus of downstream partners in the supply chain?
- Delivery and marketing of the finished product (correct)
- Establishing critical links between the firm and its customers
- Focusing on the initial stages of production and supply
- Providing raw materials and components
What is the role of upstream partners in the supply chain?
What is the role of upstream partners in the supply chain?
What do downstream partners in the supply chain encompass?
What do downstream partners in the supply chain encompass?
What do upstream partners in the supply chain provide?
What do upstream partners in the supply chain provide?
Who establishes a critical link between the firm and its customers in the supply chain?
Who establishes a critical link between the firm and its customers in the supply chain?
What is the primary focus of downstream partners in the supply chain?
What is the primary focus of downstream partners in the supply chain?
What is the distinct configuration of a company's supply chain influenced by?
What is the distinct configuration of a company's supply chain influenced by?
What does the supply chain encompass apart from customers?
What does the supply chain encompass apart from customers?
Flashcards are hidden until you start studying
Study Notes
Supply Chain Partners
- Upstream partners in the supply chain are responsible for providing raw materials, components, or services to the firm.
Upstream Partners
- Upstream partners in the supply chain include suppliers, manufacturers, and other entities that provide inputs to the firm.
- The primary role of upstream partners is to provide goods or services to the firm.
Downstream Partners
- Downstream partners in the supply chain comprise distributors, wholesalers, retailers, and other entities that facilitate the movement of products to the end customer.
- Downstream partners in the supply chain encompass logistics providers, third-party logistics providers, and transportation companies.
- The primary focus of downstream partners in the supply chain is to get the products to the end customer efficiently and effectively.
Intermediaries and Customers
- Downstream partners establish a critical link between the firm and its customers in the supply chain.
- The supply chain encompasses not only customers but also suppliers, manufacturers, distributors, wholesalers, and retailers.
Supply Chain Configuration
- The distinct configuration of a company's supply chain is influenced by various factors, including the firm's strategy, industry, and competitive environment.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
