In January, we paid $210.94, in February $347.74, and in March $469.16 for long-term storage fees. However, in March, we suddenly incurred a long-term storage fee of $1507.24. We would like to understand the reason for this increase in fees. Specifically, we want to know which product incurred what amount of payment and will continue to do so.
In order to escape these long-term storage fees, we have decided to pull all of our excess inventory from Amazon warehouses. We are planning to pull a total of 3431 units to our own warehouse. After initiating the removal order process on Amazon's platform, will we still be required to pay the long-term storage fee during the period it takes for the products to reach us? We are aware that it may take some time for the products to be delivered to us, but we are already prepared to pay a substantial removal order fee
Thank you
In January, we paid $210.94, in February $347.74, and in March $469.16 for long-term storage fees. However, in March, we suddenly incurred a long-term storage fee of $1507.24. We would like to understand the reason for this increase in fees. Specifically, we want to know which product incurred what amount of payment and will continue to do so.
In order to escape these long-term storage fees, we have decided to pull all of our excess inventory from Amazon warehouses. We are planning to pull a total of 3431 units to our own warehouse. After initiating the removal order process on Amazon's platform, will we still be required to pay the long-term storage fee during the period it takes for the products to reach us? We are aware that it may take some time for the products to be delivered to us, but we are already prepared to pay a substantial removal order fee
Thank you
Hi @Seller_2DeXpZZPIOEke,
Thank you for reaching out about this!
Please note that the aged inventory surcharge (previously known as the long-term storage fee) is charged on inventory units stored in Amazon fulfillment network for 181 days and above.
Aged inventory surcharges are assessed using an inventory snapshot on the 15th day of each month and is in addition to the monthly inventory storage fee.
We calculate inventory age on a first-in, first-out basis across the entire fulfillment network. Items that are 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. For example, if an associate picks and ships a unit that arrived in the fulfillment center only recently, we will still deduct that unit from the oldest inventory in stock.
For more information on this, I'd recommend reading through the following resources:
Now for your question regarding the removal order, these aged inventory fees are based on the average number of units stored in FBA per month, minus average number of units pending removal. You can find out more about the removal process right here.
I hope this helps clarify! If you have any additional questions, please let me know.
All the best,
Jameson
In January, we paid $210.94, in February $347.74, and in March $469.16 for long-term storage fees. However, in March, we suddenly incurred a long-term storage fee of $1507.24. We would like to understand the reason for this increase in fees. Specifically, we want to know which product incurred what amount of payment and will continue to do so.
In order to escape these long-term storage fees, we have decided to pull all of our excess inventory from Amazon warehouses. We are planning to pull a total of 3431 units to our own warehouse. After initiating the removal order process on Amazon's platform, will we still be required to pay the long-term storage fee during the period it takes for the products to reach us? We are aware that it may take some time for the products to be delivered to us, but we are already prepared to pay a substantial removal order fee
Thank you
In January, we paid $210.94, in February $347.74, and in March $469.16 for long-term storage fees. However, in March, we suddenly incurred a long-term storage fee of $1507.24. We would like to understand the reason for this increase in fees. Specifically, we want to know which product incurred what amount of payment and will continue to do so.
In order to escape these long-term storage fees, we have decided to pull all of our excess inventory from Amazon warehouses. We are planning to pull a total of 3431 units to our own warehouse. After initiating the removal order process on Amazon's platform, will we still be required to pay the long-term storage fee during the period it takes for the products to reach us? We are aware that it may take some time for the products to be delivered to us, but we are already prepared to pay a substantial removal order fee
Thank you
In January, we paid $210.94, in February $347.74, and in March $469.16 for long-term storage fees. However, in March, we suddenly incurred a long-term storage fee of $1507.24. We would like to understand the reason for this increase in fees. Specifically, we want to know which product incurred what amount of payment and will continue to do so.
In order to escape these long-term storage fees, we have decided to pull all of our excess inventory from Amazon warehouses. We are planning to pull a total of 3431 units to our own warehouse. After initiating the removal order process on Amazon's platform, will we still be required to pay the long-term storage fee during the period it takes for the products to reach us? We are aware that it may take some time for the products to be delivered to us, but we are already prepared to pay a substantial removal order fee
Thank you
Hi @Seller_2DeXpZZPIOEke,
Thank you for reaching out about this!
Please note that the aged inventory surcharge (previously known as the long-term storage fee) is charged on inventory units stored in Amazon fulfillment network for 181 days and above.
Aged inventory surcharges are assessed using an inventory snapshot on the 15th day of each month and is in addition to the monthly inventory storage fee.
We calculate inventory age on a first-in, first-out basis across the entire fulfillment network. Items that are 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. For example, if an associate picks and ships a unit that arrived in the fulfillment center only recently, we will still deduct that unit from the oldest inventory in stock.
For more information on this, I'd recommend reading through the following resources:
Now for your question regarding the removal order, these aged inventory fees are based on the average number of units stored in FBA per month, minus average number of units pending removal. You can find out more about the removal process right here.
I hope this helps clarify! If you have any additional questions, please let me know.
All the best,
Jameson
Hi @Seller_2DeXpZZPIOEke,
Thank you for reaching out about this!
Please note that the aged inventory surcharge (previously known as the long-term storage fee) is charged on inventory units stored in Amazon fulfillment network for 181 days and above.
Aged inventory surcharges are assessed using an inventory snapshot on the 15th day of each month and is in addition to the monthly inventory storage fee.
We calculate inventory age on a first-in, first-out basis across the entire fulfillment network. Items that are 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. For example, if an associate picks and ships a unit that arrived in the fulfillment center only recently, we will still deduct that unit from the oldest inventory in stock.
For more information on this, I'd recommend reading through the following resources:
Now for your question regarding the removal order, these aged inventory fees are based on the average number of units stored in FBA per month, minus average number of units pending removal. You can find out more about the removal process right here.
I hope this helps clarify! If you have any additional questions, please let me know.
All the best,
Jameson
Hi @Seller_2DeXpZZPIOEke,
Thank you for reaching out about this!
Please note that the aged inventory surcharge (previously known as the long-term storage fee) is charged on inventory units stored in Amazon fulfillment network for 181 days and above.
Aged inventory surcharges are assessed using an inventory snapshot on the 15th day of each month and is in addition to the monthly inventory storage fee.
We calculate inventory age on a first-in, first-out basis across the entire fulfillment network. Items that are 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. For example, if an associate picks and ships a unit that arrived in the fulfillment center only recently, we will still deduct that unit from the oldest inventory in stock.
For more information on this, I'd recommend reading through the following resources:
Now for your question regarding the removal order, these aged inventory fees are based on the average number of units stored in FBA per month, minus average number of units pending removal. You can find out more about the removal process right here.
I hope this helps clarify! If you have any additional questions, please let me know.
All the best,
Jameson