Definition
Warehousing involves the management and operation of storage facilities or warehouses for storing goods or materials as part of a supply chain. Warehousing activities include receiving, storing, picking, packing, and shipping goods, as well as inventory control, order processing, and facility management. Warehouses serve as distribution hubs for consolidating, storing, and handling goods to meet customer demand and support supply chain operations effectively.
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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.