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What is upstream and downstream in an IS Oil?

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Hi,

 

Its  a very basic question? Actually i am working for a oil co implementation? Si i cam to the site looking for some clues/ best practices on the oil/ gas implementations.

 

what is this upstream and downstream in an IS Oil implementation? I have not come across this term earlier in a sap implementation.

 

Is this specific to oil gas industry? may be my implementation does not have a upstream downstream concept..

 

please advise.

 

regards


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