Abstract: Supply chain management and collaborative enterprise cost management exists intrinsically linked, collaborative enterprise cost management has become enterprises to reduce costs, enhance the important source of enterprise value, this article from the supply chain management and collaborative enterprise cost management concept, based on the VAR model and cointegration theory, as the causal analysis on relationship development cost, manufacturing cost the equilibrium relationship, personnel cost and value and enterprise value, and put forward the corresponding policy suggestions: one is from the perspective of the value chain cost management innovation synergy; two is from the perspective of supply chain innovation synergy cost management; three is from the angle of brand innovation synergy cost management. Enterprises should supply chain management perspective collaborative cost management, to improve the efficiency of using cost.