A recent study by leading researchers and consultants found that supply chain costs directly influence 50%-75% of the cost of doing business as a corporation. High supply chain costs destroy profitability. How can a supply chain become more flexible yet also cost-efficient?

Support your answer with research focused on accounting relationships with the supply chain and provide your thoughts to support or reject the above notion.

Note:- 1, please provide a detailed analysis

2, references not needed

3, a few examples are needed.