Examlex
What is beneficence?
Upstream
In supply chain and production, it refers to the early stages involving raw materials and the initial steps of manufacturing or processing.
Downstream
In the context of supply chain and business, it refers to all activities or processes that occur closer to the end-user or consumer, often including refining, selling, and distribution.
Inventory Management
The supervision of non-capitalized assets (inventory) and stock items, a component of supply chain management that involves overseeing the flow of goods from manufacturers to warehouses and from these facilities to point of sale.
Supply Chain
A network of entities, including suppliers, manufacturers, and retailers, involved in the production, transportation, and distribution of goods from raw materials to final consumers.
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