Supply Chain Management In The Fashion Retail Industry Statistics

10% of retailers cite compliance with ESG as a driver for supply chain initiatives [1]

60% of fashion companies are investing in AI to improve forecasting [2]

50% of retailers say real-time inventory visibility improves customer experience [3]

68% of executives believe supply chain analytics helps reduce costs [4]

74% of supply chain leaders say they want end-to-end visibility [5]

RFID adoption can reduce inventory inaccuracies by up to 50% [6]

Barcode scanning can improve stock accuracy from 65% to 95% [7]

AI-based demand forecasting can reduce forecast errors by 10%–50% [8]

Using machine learning, one retailer improved forecast accuracy by 10–20% [9]

25% of retail organizations use predictive analytics for supply chain [10]

30% of retailers have implemented transportation management systems (TMS) [11]

45% of retailers use spreadsheets for supply chain planning [12]

55% of firms are using some form of cloud for supply chain operations [13]

40% of retailers are investing in supply chain automation [14]

20% of retailers use IoT for warehouse tracking [15]

15% of retailers use IoT for cold-chain or temperature-sensitive goods [16]

30% of retailers cite blockchain as a priority for traceability [17]

Global apparel e-commerce sales expected to reach $1T by 2026 [18]

30% of apparel purchases in the US are influenced by online research [19]

63% of shoppers expect fast shipping (2-3 days) for online orders [20]

50% of consumers say free shipping is the biggest driver of online purchase [21]

80% of consumers say they would abandon a purchase if delivery date is not clear [22]

60% of shoppers use delivery tracking [23]

40% of consumers expect same-day delivery for apparel [24]

55% of retailers reported omnichannel inventory issues affected sales [25]

20% of retailers attribute excess inventory to demand forecasting errors [26]

25% of retailers cite promotions as a driver for demand volatility [27]

30% of fashion brands say demand is highly unpredictable [28]

70% of retailers are concerned about meeting demand during peak holiday periods [29]

75% of consumers say they want more information about product origin [30]

25% of consumers will pay more for traceable products [31]

20% of consumers in EU consider sustainability when shopping for apparel [32]

65% of retail executives said supply chain disruptions have had a significant impact on their business [33]

75% of executives expect disruption to increase over the next 12 months [34]

40% of retailers reported they experienced stockouts in 2021 [35]

30% of retailers said out-of-stocks were a major cause of lost sales [36]

25% of retailers plan to increase safety stock levels in response to volatility [37]

20% of fashion retailers use multi-sourcing to mitigate disruption risk [38]

15% of retailers hold inventory to hedge against port congestion [39]

60% of fashion executives cite lead-time variability as a key issue [40]

45% of retailers say supplier compliance issues delay shipments [41]

30% of fashion retailers have experienced factory shutdowns affecting deliveries [42]

12% of retailers said logistics costs increased materially during 2021 [43]

7%–9% increase in transportation costs for US retailers in 2021 [44]

80% of retailers reported that improving their supply chain is a top priority [45]

90% of respondents said better supply chain planning improves service levels [46]

20% reduction in supply chain costs possible with better planning [47]

30% reduction in stockouts possible with advanced inventory optimization [48]

10% reduction in inventory levels possible with S&OP improvements [49]

15% improvement in fill rates through better replenishment planning [50]

25% increase in forecast accuracy by implementing S&OP [51]

12% improvement in on-time delivery with transportation planning [52]

18% decrease in lead time with process digitization in retail supply chains [53]

22% of retailers report that supply chain planning is not integrated end-to-end [54]

35% of apparel supply chain costs are attributed to logistics [55]

50% of time in apparel supply chain is spent on waiting/handling [56]

25% of retailers have difficulty forecasting demand for fashion items [57]

10% of inventory is obsolete due to fashion changes [58]

20% of clothes in the world are never worn [59]

Global apparel resale market expected to reach $51B by 2030 [60]

35% of fashion retailers say returns are a top supply chain problem [61]

Reverse logistics costs can account for 0.5% to 3% of revenue for retailers [62]

1.5–2% of total global greenhouse gas emissions come from apparel production [63]

In 2019, the fashion industry represented 10% of global carbon emissions [64]

Fast fashion contributes to about 20% of global wastewater from textile dyeing and finishing [65]

15% of shoppers returned an online purchase due to fit issues [66]

25% of returns in apparel are due to dissatisfaction with quality [67]

30% of fashion retailers say inaccurate sizing data drives returns [68]

Virtual try-on can reduce returns by up to 30% [69]

10% of e-commerce returns are resold as new [70]

40% of returned apparel is liquidated or destroyed [71]

Global textile waste expected to reach 134 million metric tons by 2030 [72]

EU textiles strategy targets separate collection by 2025 [73]

70% of clothing fibers are synthetic [74]

Apparel manufacturing uses about 79 billion cubic meters of water annually [75]