Thanks to Amazon’s inventory warehousing adjustment in March, Amazon FBA sellers can remove unsold inventory for free in the short term.
On March 1st, Amazon announced that the assessment of long-term storage costs (LTS) will be adjusted once every six months to once a month, and introduces a new charge concept – Inventory Storage Overage fee. These adjustments are some of the measures taken by Amazon to optimize its storage space.
Here are the emails that Amazon sent to sellers:
Hello, Amazon FBA seller.
On March 1, 2018, we announced an adjustment to the monthly storage and long-term storage costs, including a new storage limit, which is related to your Inventory Performance Index. IPI) related, that is, from July 1, 2018, sellers with IPI below 350 will have limited quarterly storage. Removing excess or expired inventory will help you reduce inventory costs and improve IPI performance.
In order to support the seller, FBA sellers can remove the inventory placed at Amazon’s US logistics center for a limited time from April 18, 2018.
For operations, first log into Seller Central, the professional seller jumps to Manage Excess Inventory, and the individual seller jumps to FBA Inventory Age, then select Create removal order from the inventory menu. ))
If you remove certain product inventories during the event, before August 1, 2018 or before inventory levels fall below the sales need (we estimate the sales of the product for the next 8 weeks based on your average sales rate for the past 90 days. Situation), you can no longer send this product to Amazon Logistics Center.
Note that the inventory removal time may be longer than the standard time (10 days to 14 days) during peak sales and promotions.
If you have slow product sales or no sales, you can use this opportunity to remove it for free and avoid wasting additional storage costs. The running time of this activity is limited. After the activity is over, the stock removal is still charged according to the original standard.