| The cost management of supply chain is a cross-organizational cost management mode, it makes cost management no longer limited to inside of enterprise, breaking the organizational boundary. The content of cost management is changed from the internal cost of the enterprise to the total cost of the supply chain. Under the perspective of supply chain, all of the enterprises on the supply chain are a community of interests, each part of the supply chain will affect the whole supply chain, will also affect the supply chain total cost, only if the total cost is reduced, the final product would be more competitive. Therefore, enterprises in the supply chain should cooperate with each other to seek ways to reduce the total cost. On this basis, the supply chain enterprises need to re-examine the relationship between enterprises. What kind of relationship should be established and how to affect the supply chain cost management are worth studying, At the same time, the emergence of supply chain network has led to the research interests of social capital. The relationship network forms the social capital and the enterprise can benefit from the network. Then, what is the function of the social capital between the relationship situation and the cost management of the supply chain. Based on this, this paper chooses the two aspects including the relationship situation and social capital to study the relationship and the impact to the supply chain cost management. Li & Fung Group as the object of study, the relational situation is divided into three types, namely the game relationship, the vertically integrated firm relationships and partnerships. They were studied respectively their characteristics and the impact, through comparative analysis, we can find partnership is more suitable for enterprise of the supply chain, is the best choice. And then to explore how the partnerships impact the supply chain cost management. At last, in the enterprise relationship network based on the partnership, the social capital theory is introduced into the research framework, and the three dimensions of social capital are studied. Study found that firstly partnership can increase the coordination degree and the tacit understanding degree, and reduce the total cost, and social capital can directly reduce the cost of supply chain, also can enhance partnership and reduce partnership risk to indirectly reduce supply chain cost. Finally come to the conclusion that the enterprises should pay attention to the accumulation of social capital and increase investment on relationships and social capital, so that the partnership can long maintain and healthy development, finally improve the efficiency of the supply chain, and reduce the total cost. |
