Survey Indicates Cargo Theft Poses Major Supply Chain Problem for Retailers
August 11, 2011
While organized retail crime has historically highlighted coordinated thefts in stores, The 2011 NRF Organized Retail Crime survey asked retailers for the first time what threats exist before the merchandise even reaches the store. According to the survey, half of retailers (49.6%) say they have been a victim of cargo theft in the past 12 months.
While 57.4% of that theft occurs en route from the distribution center to the store, retailers also are also victimized at other points along the supply chain. 39.7% of theft occurs between the manufacturer and the distribution center, 22.1% occurs at the distribution center and 22.1% occurs as merchandise moves from one store to another.
“Cargo theft is a rewarding, profitable enterprise, and criminals are increasingly finding ways to infiltrate the supply chain,” said NRF senior asset protection advisor Joe LaRocca. “As thieves target shipping containers, retailers and law enforcement are fighting back with new initiatives and operations to directly address cargo theft.”