The word ‘downstream’ is used in two contexts in procurement: to describe parts of the procurement process, and to describe parts of the supply chain. Those activities, which occur after the contract is let, or the purchase order raised, are known as downstream procurement activities. In supply chains, the phases that occur after your stage are also described as downstream. See also Supply Chain.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.