What is upstream and downstream in banking?

Upstream Processes cover all activities required to collect the raw materials needed for production. Downstream Processes cover all activities required to transform raw materials collected during upstream processes into finished products for sale.

What is a downstream payment?

Downstream refers to the benefits (or costs) that will ultimately result from decisions made today.

What does upstream mean in banking?

Dictionary of Banking Terms for: upstream. upstream. correspondent bank that buys loan participation exceeding the legal lending limit of a community bank, also called the downstream bank or respondent bank.

What is downstream in banking?

Correspondent Banking Correspondent Banking is the provision of a current or other liability account, and related services, to another financial institution, including affiliates, It refers to the customers to which the Entity provides financial services to.

What is upstream and downstream in supply chain?

Often, different stages within the supply chain are referred to as upstream or downstream. Upstream operations are those in which the materials flow into the organization. Downstream operations are those in which materials (mostly in the form of finished products) flow away from the organization to the customers.

What is upstream and downstream in procurement?

Procurement Process: Upstream and Downstream Simply put, the upstream procurement process is everything that happens from sourcing to awarding the contract. Downstream procurement is everything that happens after the contract is awarded.

What is downstream business?

Downstream operations refer to the final processes in the production and sale of goods, where finished products are created and sold to consumers. Sales may be at the wholesale level, business-to-business (B2B), or at the retail level, business-to-consumers.

What are upstream costs?

An upstream price is the price of one of the main inputs of production (for processing/manufacturing etc.) or a price quoted on higher market levels (e.g. wholesale markets). Upstream prices are the prices paid by producers (as opposed to consumers), and are directly related to the cost of production.

What does Upstream Downstream mean?

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 upstream and downstream logistics?

Upstream operations are those in which the materials flow into the organization. Downstream operations are those in which materials (mostly in the form of finished products) flow away from the organization to the customers. Similarly, the term logistics is used when talking about a business’s supply chain.

What does upstream and downstream mean in 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.