posted on May 17, 2011 07:23:24 PM new
Always wonder what happens to stale and obsolete and dead inventory -
Dear FBA seller,
In order to meet Fulfillment by Amazon’s (FBA) ongoing commitment to providing a world-class shipping and customer-service program for your products, we will soon introduce new inventory management features and a Long-Term Storage program to better support all sellers’ storage needs.
The Long-Term Storage program will take effect on August 15, 2011. On that date, and each six months thereafter, FBA will conduct an Inventory Cleanup, at which time inventory that has been in our fulfillment centers for 365 days or more will be assessed an upfront, annual Long-Term Storage fee of $45.00 per cubic foot. This translates to $1.10 for an average-sized (8" X 6" X 1" book or $4.58 for an average-sized (11" X 8" X 2" toy. To provide additional flexibility to maintain your unique selection, one Unit of each applicable product ASIN will be exempted from annual Long-Term Storage Fee. Please note, FBA accounts for inventory on a first-in-first-out (FIFO) basis.
Prior to August 15, you will have the option to remove these Units for a reduced fee. Effective immediately, we will be lowering our regular fees for removing inventory from Amazon’s fulfillment centers. The per-unit FBA Inventory Removal fee will decrease from $0.60 per-Unit plus shipping to $0.50 per-Unit with no shipping fee, or $0.15 per-Unit to dispose of the inventory. (The per Unit price of a removal for Oversize Units is reduced from $3.00 plus shipping to $0.60 including shipping or $0.30 for them to be disposed.) From May 15 to August 15, we will be lowering these fees even further: any inventory over 270 days old may be removed for $0.20 per-Unit with no shipping fee ($0.40 with no shipping fee for Oversize Units), or disposed of for no charge.
Sellers have told us that they do not want their inventory sitting in our fulfillment centers, but rather want it shipping out to customers. In a recent survey of FBA sellers, 98.6% of respondents said that they don’t expect to store merchandise in FBA for longer than one year, and indeed most FBA inventory sells through much quicker than that. However, inventory that is overstocked or stored indefinitely in our fulfillment centers limits our ability to provide you with space for fast-selling products customers want. Through this program we will provide you with the information and tools to enable you to improve your return on your inventory investment and focus your business on products that customers desire most.
In advance of each Inventory Cleanup, we will notify you of any Units in your FBA inventory that will have been in our fulfillment centers for 365 days or more as of that date. The recently released Inventory Health Report helps identify your inventory that would be included in the Long-Term Storage program. Additionally, in June we will be launching functionality in your seller account that will automatically identify any of your Units that will have been in our fulfillment centers for 365 days or more on the next Inventory Cleanup date and will enable you to directly create a request to remove or dispose of them if you so choose. We will announce more details about this functionality as soon as it is ready for release, so you will be able to take action well in advance of the Inventory Cleanup on August 15, 2011.
As we release more inventory management features we will continue to send updates through e-mail, the FBA Seller Newsletter, and your seller account.
Please review our online Frequently asked Questions for more information.
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There is no 'Global savings glut',only wild horses and loose bankers.
posted on May 18, 2011 06:35:25 PM new
Like the police chief in the movie 'CASABLANCA' who said -I am shocked,shocked to find gambling in this place !
I am equally shocked ,shocked to find inventory stored INDEFINITELY in AMZN fullfillment center!!
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There is no 'Global savings glut',only wild horses and loose bankers.
posted on May 18, 2011 06:37:18 PM new
Since EBAY is buying a company to handle web traffic and fullfillment service ala AMZN way,why not have them moved to Ebay?
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There is no 'Global savings glut',only wild horses and loose bankers.
book or $4.58 for an average-sized (11" X 8" X 2"