Uniform Product Code, supply side of the supply chain


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Detailed terminology list , in pdf form, will soon be available


Uniform Product Code (UPC)
A standard product numbering and bar coding system used by the retail industry.

UPC codes are administered by the Uniform Code Council; they identify the manufacturer as well as the item, and are included on virtually all retail packaging

Unit Cost
The cost associated with a single unit of product. The total cost of producing a product or service divided by the total number of units.

The cost associated with a single unit of measure underlying a resource, activity, product or service. It is calculated by dividing the total cost by the measured volume.

Unit cost measurement must be used with caution as it may not always be practical or relevant in all aspects of cost management

Refers to the supply side of the supply chain.

Upstream partners are the suppliers who provide goods and services to the organization needed to satisfy demands which originate at point of demand or use, as well as other flows such as return product movements, payments for purchases, etc.
Opposite of downstream.


undue influence

In Contract Law, what is meant by the terms Duress and Undue Influence? Simply, Duress is when someone is pressured into a contractual agreement, and Undue Influence is when someone is tricked into a contract. If a court finds there has been Duress and Undue Influence, they can void the contract.



 refers to business operations and activities at the initial stages leading up to production.

For example, in the natural gas industry, Upstream activities would include research & development, exploration, preparation drilling, water management etc.








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