Coming soon: Long-term storage fee inventory cleanup


#1

August 15, 2020 is Fulfillment by Amazon’s (FBA's) next scheduled long-term storage fee inventory cleanup. On this date, inventory that has been in US fulfillment centers for more than 365 days incurs a long-term storage fee of $6.90 USD per cubic foot or a $0.15 USD per-unit long-term storage fee, whichever is greater.

The long-term storage fee is in addition to the monthly inventory storage fee.

FBA calculates inventory age on a first-in, first-out basis across the entire fulfillment network. Items sold or removed are deducted from the inventory that has been in the fulfillment network the longest, regardless of which unit was actually shipped or removed.

The Recommended Removals report automatically calculates, on an ASIN-by-ASIN basis, the number of items you would have to remove to avoid long-term storage fees—assuming no further sales. You may also use the Inventory Age and Inventory Health reports to identify the age of inventory by ASIN.

If you remove units of an ASIN that would be subject to long-term storage fees at the next inventory cleanup date, you won't be able to send us more units of that ASIN for three months after that date. The exception is your inventory of that ASIN falls below our projection of its sales for the next eight weeks.

For further details, see FBA long-term storage fees.


#2

How about we clean up the actual site first?

'Cause that’d be just super.


#3

Am I going to be charged long term storage fees on items I’ve had a removal order for since March?


#4

Can Amazon help please :
I have account since 2 years tried to launch the products but tagged as adult 2 years ago couldn’t sell so requested the staff to dispose and they were unable to do it and charged me 200 dollars for long term storage.
Here comes the thing - The Amazon help, on call said I or them cannot dispose it or create the order from the account so i have to pay long term storage until some one removes it from the warehouse ? common !


#5

As a book seller, we are mostly switching to FBM as the LTSF are killing us, not to mention constant warehouse damage in which reimbursements are zero over 50% of the time. And the fees going up every year. Add to that the newbies and Amazon bots running profits down to zero with constant repricing software. We see less and less FBA book sellers. I don’t know if that’s what they want, but that is what they are getting.

Glad to see the disposals are now donated to charity. I just hope they aren’t charities the sell on Amazon!


#6

We used to get emails that told us exactly what our long term storage fee was going to be and what day it would be assessed. I haven’t received one of those emails in quite a while :frowning:

The email that I just received saying to “click this link to preview fees” just gives me a list on my fulfillment reports that I have to go through and manually sum up to get an amount.

Why does it feel like this is a lack of transparency?

On a side note, we used to get emails with our reimbursement notifications, stating what the item was and how much we would be reimbursed. Why is Amazon not sending these details with their emails anymore?


#7

Oh, and thanks Amazon for not answering any questions or concerns posted here.
And, please make sure you post another survey question asking if Amazon being responsive to our needs !!


#8

What if Amazon lost our product in their warehouses for over a year? It was listed under Reserved for over a year. When they finally found the product and moved it to Available, our first year was gone. We are now receiving long-term fees when we never had the product available in the first place.


#9

Amazon doesn’t help me make any money, instead charging me monthly service fees and long term fees…how do I get rid of all my stuff…?


#10

Its becoming nightmare to manage inventory due to the pandemic, transportation delays and Amazon delays in receiving.
Its a shame on Amazon to put rules and policies that donot make sense and a mechanism to assess fees on sellers.
HOW:
Item availability is part of IPI. So I send my items lets say 100. I sell those in 3 days. Now my availability is zero. by the time next shipment can go it will be 3 weeks to 3 months. So my IPI score goes down due to this item. Amazon reduces storage limit and now my other items that are at FBA sitting for past 30 days occupy storage more than my storage limit. Now Amazon system sees overage and assess the overage per cubic feet! WHAT A SCAM?
By the way the storage limits put on our items has literally brought us to halt! we cant make inventory available when there are replen notifications and the availability brings our IPI score further down.
Please dont hurt the sellers that helped you AMAZON.


#11

Also,
The Amazon delays in fulfilling orders and FC transfers are causing open orders to grow which in turn hurts our sell through and there… our IPI score goes down and thereby the storage limit! and that will affect our ability to replenish inventory despite huge demand for our items. What a shame.

Its just becoming difficult to do business on amazon due to their cookie cutter and Robotic approach to everything.


#12

Easy. Price it all at a penny. Boom…sold.


#13

This is all about Amazon making more money, not being a partner to the millions of merchants in this market place, just considering the fact that they now will reveal the addresses to millions of us that do business on Amazon, that Amazon makes money on, gives you a good idea of Amazon’s priorities and motivations!