Cost Management in Supply Chains — Different Research Approaches

Abstract

Supply Chain Management and Cost Management are among the top issues on the agenda of business practitioners and academic researchers. Yet, while this proves the importance of these issues, it does not necessarily point towards their integration. Still, the links between the two approaches exist. Cost reduction is among the most cited objectives in supply chain management. Additionally, if costs are to be reduced, companies increasingly turn their attention to their supply chain partners, so both suppliers and customers reach out for new frontiers of competitiveness and profitability. Yet, few approaches exist so far, addressing, how cost management in a supply chain can be carried out. This book charts the journey as it puts together different approaches capturing the extend of existing research and business practice.