Definition
Distribution refers to the process of moving goods or products from manufacturers or suppliers to end customers or intermediaries through channels such as wholesalers, retailers, distributors, agents, or e-commerce platforms. It can involve warehousing, transportation, inventory management, order fulfilment, and other activities required to ensure products reach the right market efficiently.
For companies operating internationally, distribution strategies may also involve local partners, import arrangements, stock management, and compliance with market-specific requirements.
TRENDING DEFINITIONS
Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.