What is downstream in SAP IS-OIL - SAP for Oil & Gas?

SAP Term: downstream

• Component: IS-OIL

• Component Name: SAP for Oil & Gas

• Description: Industry Solution Oil Downstream involves those business process areas of an oil company that have to do with refining, transporting, marketing, and selling oil product to the customer. It is contrasted with Upstream, which is the exploration and production business process area.

Smart SAP Assistant

• Key Concepts: 
  Downstream is a term used in the oil and gas industry to refer to activities related to the refining and marketing of petroleum products. It includes activities such as refining, transportation, storage, marketing, and distribution of petroleum products. In the IS-OIL SAP for Oil & Gas Industry, downstream refers to the processes related to the refining and marketing of petroleum products. 
  
  How to use it: 
  In the IS-OIL SAP for Oil & Gas Industry, downstream processes are managed through the use of various modules. These modules include the Refining & Marketing module, which is used to manage the refining and marketing of petroleum products; the Transportation & Storage module, which is used to manage the transportation and storage of petroleum products; and the Distribution module, which is used to manage the distribution of petroleum products. 
  
  Tips & Tricks: 
  When using the IS-OIL SAP for Oil & Gas Industry, it is important to ensure that all downstream processes are properly managed. This includes ensuring that all necessary data is collected and stored in a secure manner, that all necessary documents are properly filed, and that all necessary reports are generated in a timely manner. 
  
  Related Information: 
  For more information on downstream processes in the IS-OIL SAP for Oil & Gas Industry, please refer to the official documentation provided by SAP. Additionally, there are various online resources available that provide additional information on downstream processes in this industry.