Michigan Laws 125.1892 – Definitions
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 125.1892
- Commission: means the commission for logistics and supply chain collaboration created under section 3. See Michigan Laws 125.1892
- Supply chain management: means an integrated approach to planning, implementing, and controlling the flow of information, materials, and services from raw materials to the distribution of the finished product to the end customer. See Michigan Laws 125.1892
As used in this act:
(a) “Commission” means the commission for logistics and supply chain collaboration created under section 3.
(b) “Supply chain management” means an integrated approach to planning, implementing, and controlling the flow of information, materials, and services from raw materials to the distribution of the finished product to the end customer. Supply chain management includes the process of collaborating horizontally among suppliers, retailers, and customers to create value. Supply chain management also includes manufacturing, technology, distribution, warehousing, marketing, logistics, all modes of transportation, and focuses on eliminating points of friction at borders, the adoption of efficiencies, and improving global collaboration.