Long-term storage fees to return on 15.June

[whohit]Long-term storage fees to return on 15.June[/whohit]Today Amazon announced in their e-mail to third party sellers that it’s Long Term Storage charges will resume starting 15.June 2020, following a short break caused by the global pandemic.

Here you can review the full announcement dated 10.June 2020:

“Hello from Fulfillment by Amazon,

We will resume the long-term storage fee on June 15.

On June 15, 2020, inventory that has been in US fulfillment centers for more than 365 days will incur a long-term storage fee charge of $6.90 per cubic foot or $0.15 per unit, whichever is greater. The long-term storage fee is in addition to the monthly inventory storage fee.

You can avoid the long-term storage fee by submitting a removal order before the charge date or setting up automated removals for inventory subject to the fee.

To help you avoid the long-term storage fee, please check the Recommended Removal report, which automatically calculates, on an ASIN-by-ASIN basis, the number of items to remove to avoid the fee, assuming no further sales. You may use the Inventory Age and Inventory Health reports to identify the age of inventory by ASIN.

You can review the status of your removal orders in your Removal Order Detail report. For further details, see FBA long-term storage fees.

The Fulfillment by Amazon team”