What is automotive industry supply chain?

The automotive supply chain includes multitude of Tier 1, 2 and Tier 3 suppliers or manufacturers with many assembly operations and a number of dealerships. Customer demand for varied specific configurations and features add to the high level of response needed from automobile supply chains.

What are the flows of a supply chain?

There are three main flows of supply chain management: the product flow, the information flow, and the finances flow.

Why is automotive supply chain complex?

The automotive supply chain is one of the most complex supply chains in the world. Changes in the manufacturing process, consumer demands, how people want to experience services and products, and disruptive trends in the manufacturing landscape have all impacted the automotive supply chain.

What is 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.

Which one is the dominant direction of information flow in supply chains?

Information flow is the flow of information from supplier to customer and from customer back to supplier. This flow is bi-directional, that is, it goes both direction in the supply chain.

Which flow is bidirectional in supply chain?

(1) Bidirectional supply chains are generally short Single-level bidirectional supply chains consist merely of three stages: the transfer of customer inputs to the service provider, the processing by the service provider, and the transfer of the processed output back to the customer.

What flows upstream in a 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.

What is upstream and downstream flow?

Upstream means that the object is going opposite to the flow of the river. In this case you have to subtract the speed of the given object in still water from the speed of flow of the stream. Downstream means that the object is flowing along the river and in this case you have to add the speed.

How do supply chains work?

A supply chain involves a series of steps involved to get a product or service to the customer. The steps include moving and transforming raw materials into finished products, transporting those products, and distributing them to the end-user. Supply chain management is a very important part of the business process.