To Describe the Supply Chain Network the word chain derived from the network of Supply Chain which defines the whole chain in which all the business partners are involved from upward to downward and from downward to upward. From Tier-II supplier till the end consumer and then revert back to manufacturer and supplier is the Supply Chain Network.
Majorly there are type main types of Supply chain network which are being defined below:
Upstream Supply Chain
The upstream supply network involves the business partners who just focus on the manufacturing of products, it involves all the areas of the supply chain including logistics, inventory management, warehousing, planning, procurement, etc but the final target of the Upstream network is to produce a final product.
Downstream Supply Chain
The downstream supply chain is defined as the network starts from the manufacturer to the end customer, the main objective of the downstream supply chain is logistics to ensure the availability of the product to retailers and to sell to end consumers.
Reverse Logistics
Reverse logistics is introduced to claim warranties, any damage, bad quality products, and shortages. It may start from end customer to the manufacturer or from retailer to Tier-II supplier.
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