Terminology

Question 1

Downstream

Answer 1

Activities/members that are closer to the customer.

Question 2

Upstream

Answer 2

Activities that are positioned earlier in the supply chain.

Question 3

Supplier

Answer 3

Is the one who supplies raw materials, semi-finished/finished goods to a downstream member in the supply chain.

Question 4

Tier Supplier

Answer 4

Refers to the order of goods and services flow in a supply chain.

First-tier supplier supplies goods/services (G/S) directly to a firm.

Second-tier supplier supplies to first-tier supplier.

Thus, nth tier supplier supplies to (n-1)th tier supplier.

Question 5

Manufacturers

Answer 5

Manufacture the products or deliver the services. The manufacturer can be the one who produces the final product or the raw material.

Hence, supplier is also a manufacture.

Question 6

Distributors

Answer 6

They take inventory in bulk from manufacturers and delivery product lines to retailers/business.

Question 7

Retailers

Answer 7

They stock inventories and sell in smaller quantities to customers.

Question 8

Transporters

Answer 8

They move raw & finished materials to and from the players in the supply chain.