The Application of Big Data Technology in Supply Chain Cost Control: The Case of IKEA

Abstract: Supply chain management is important in all aspects of business processes. With the advent of the information age, big data technology has become important in developing all aspects of our country. Appropriate use of big data technology in supply chain cost management by enterprises can not only improve their ability to analyse and master data but also timely control the cost expenditure issues in different links of the supply chain, improve management systems, and enhance the companys core competitiveness. In order to improve the efficiency and accuracy of supply chain management, this study explores the application of big data technology in enterprise supply chain cost control and data analysis. This study uses big data as the background to analyse the costs of several important links in the supply chain of IKEA. It combines the discovered problems with big data technology to improve them, hoping to be helpful to the development of IKEA and related industries.