It’s that time of the year, long-term storage fees! If you are brand new to Amazon, the basic jist is this: In February (and August) Amazon assesses a fee for products that have spent more than 6 months in the warehouse. For newbies, no worries, you’re not getting hit with this.(It has to be in stock for six months upon the assessment date.) But for people like myself who have made the transition from FBA (retail arbitrage) to PL (private label) you’re going to want to make sure you are not keeping dead inventory in stock.
Most likely, you will have already received 2-3 emails by this point telling you to go remove that dead inventory. I’m a big procrastinator, so I’m finally getting to it on February 5. (February 15th, fees will be assessed!) This is what it looks like.
Thanks to FBA for sending out automated emails often, I don’t always pay attention. BUT, for some odd reason, I read this one and noticed it was going to charge me about $80 to keep products in the warehouse I forgot all about. So, with that in mind, here’s how to remove them:
How to Removed Aged Inventory
- Log into Seller Central
- Go to Reports > Fulfillment
- Go to Removals>Recommended Removal
- Click Begin Removal Process
- Upon refresh, select if you want it shipped to you or disposed of. (The fee is $0.50 for shipping or $0.15 for disposal per item). Note: Disposing, literally means you will not receive the product back!
- Next, you will see a list of items that are suggested to be removed. It will show the quantity. In most cases, I wanted to remove everything so I left it as-is.
- In one case, I had a PL item that was seasonal that will be back in season in Spring. I decided to keep it in my inventory. (So, I will be charged for it. So I clicked the checkbox on the far right to delete the item from the list.
- Once done, click Continue
- If everything looks good, Place Order
Note: Earlier I said I was going to keep an item in stock because it is seasonal. If you opt to remove these items, you cannot send more of this product in for TWO MONTHS. This is why I opted to pay the fee. Because the product will be popular again in Spring, I rather pay the fee than lose out on potential business because I can’t send more into Amazon’s warehouse.
In most tutorials, I’ll try and provide screenshots since I know most of us are visual learners. However in this unique case, I opted to just do a step-by-step since the products I had listed are unique to me and would identify my account. :/
Want to see more tutorials? Let me know what you need help with in the comments!