The supply chain consists of all the steps involved in getting a product to the end consumer. Typically, it begins with the suppliers and vendors that provide raw materials. The next part of the supply chain is manufacturing, and the final step is distribution. Distribution can involve multi...
Nowadays, more than ever, the world focuses on sustainability. Consumers want to be informed about where the products they buy come from and what they are made of. On the other hand, businesses want to be seen as leaders in environmental management. Sustainable procurement is one way for compani...
Trains are a vital part of transportation as we know it today. From passenger to cargo, trains have been helping us reach our destinations for centuries. But how did the train journey start? Who exactly invented this machine? Efficient transport of people and goods was an issue many inventors...
The introduction of the container ship has revolutionized the marine shipping industry as we know it. It's a type of ship that can hold huge quantities of cargo in containers, allowing for easy loading and unloading. There are many types of container ships, with each serving a dif...
Shipping is a critical element of global trade and commerce. It deals with nearly 90% of all goods shipped! The goods transported daily include oil, metals, fresh or frozen foods, and factory parts. That said, virtually any industry directly or indirectly depends on the shipping sector. The g...
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Upstream vs. Downstream Supply Chain: The Similarities and Differences
Thu, Sep 15th 2022, 23:14
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