Google Scripts editor || not working in IF Statement

Can anyone please tell me why the || in if statement is not working. If I take out the || it will produce the desired results of logging the cell number if its not equal.

   function ReformatSheet() {
    
      var GoFlowWHInv = SpreadsheetApp.openById("1pXWj_UOTVy_mFB5gRUPbDfzNJcAK09Z-mDyXPKUJaLE");
      var Data = GoFlowWHInv.getDataRange()
      var Values = GoFlowWHInv.getDataRange().getValues()
    
      Values[i][4]
    
      for (var i = 0; i < Values.length; i++) {
    
        if(Values[i][4] !== "Item Type" || Values[i][4] !== "Standard Product") {
    
          Logger.log(Values[i][4]);
    
        }
      }

Here is the log that I ran both before the for loop and in the for loop.

It should log the first but not the second if it has Item Type or Standard Product therefore I should only see back to back Standard Products in the log.

12:26:12 PM Notice  Execution started
12:26:13 PM Info    Item Type
12:26:13 PM Info    Item Type
12:26:13 PM Info    Kit Product
12:26:13 PM Info    Kit Product
12:26:13 PM Info    Standard Product
12:26:13 PM Info    Standard Product
12:26:13 PM Info    Kit Product