Definition
Logistics refers to the process of planning, implementing, and controlling the flow and storage of goods, services, and information from the point of origin to the point of consumption. It involves activities such as transportation, warehousing, inventory management, packaging, and customs clearance, all aimed at ensuring the efficient and timely delivery of goods to customers while minimizing costs and maximizing profitability.
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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.