#010 The Hidden Cost of Bad Inventory: How 63% Accuracy Is Wrecking Your Business

If your inventory system says you have 25 units, but there are only 18 on the shelf, you’ve got a problem. And it’s costing you far more than you think.In this episode of Masters of Inventory, Stan Andrus and Mandy Madsen reveal how poor inventory accuracy quietly erodes revenue, customer trust, and operational sanity. Most Shopify retailers are unknowingly operating at just 63 to 75 percent accuracy, and it’s creating stockouts, overselling, and waste.You’ll discover:Why inaccurate inventory is one of the most expensive blind spots in retailThe ripple effects of understocking, overstocking, and bad dataHow one retailer saved $10,000+ just by switching to RFIDWhat makes RFID a total game changer for Shopify store ownersWhy smaller, growing retailers actually benefit the most from this techHow to stop flying blind and finally take control of your numbersWhether you’re running your store solo or managing a small team, this episode shows you why accuracy isn’t optional, it’s essential.🔗 Resources Mentioned📽️ Watch the RFID Webinar (for Shopify retailers) https://info.simplerfid.com/watch-the-demo178784-2255?lead_source=webinar-podcast📞 Book a Discovery Call https://api.meetpaddy.co/widget/booking/ZhjuyZCKtEF8ePXwEgd4?lead_source=call-podcast🎥 See a Recorded Demo https://info.simplerfid.com/watch-the-demo178784?lead_source=recorded-demo-podcastTo find out more about how RFID could transform your inventory management, click one of the links above. Also follow us on any social media platform @SimpleRFID to continue learning: Instagram: https://www.instagram.com/simplerfid/ Facebook: https://www.facebook.com/share/1F6ULSL1ne/?mibextid=LQQJ4d TikTok: https://www.tiktok.com/@simplerfid?_t=8qSuyMbJ5P5&_r=1 YouTube: https://youtube.com/@simplerfid?si=12V5dmAYaFsCt91H LinkedIn: https://www.linkedin.com/company/simple-rfid/ X (Twitter): https://x.com/simplerfid?s=21 Threads: https://www.threads.net/@simplerfid?xmt=AQGzIm3J_W-rEEithaUTjhzxQbVsZEg-fmqcHyzE-OdsKh8