Definition
Supply chain integration involves the alignment and coordination of various supply chain processes, systems, and stakeholders to enable seamless information sharing, collaboration, and decision-making across the entire supply chain network. It encompasses the integration of internal functions such as procurement, production, and distribution with external partners such as suppliers, customers, and service providers to achieve operational excellence and enhance customer value and satisfaction.
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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.