Recently, nearly all goods have been experiencing shrinking life cycles, and drastic changes in consumer demand have occurred. The challenges presented by this changing market can be successfully coped with through the appropriate use of supply chains. Supply chains naturally excel at sharing market- and management-related information among participants, thereby enabling the swift provision of goods needed by consumers. The development of individual firms depends largely on whether they can become part of well-integrated and highly competitive supply chain. This requirement for competitiveness applies to all firms, whether they are up-stream or downstream firms. Without a doubt, competition among supply chains will become more intense in the future. The purpose of this study is to theoretically and logically examine effective supply chain cost management
