Author Topic: LTSF August 15, 2017 Coming Up Fast  (Read 66 times)

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Southern Jewel's Fab Finds

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LTSF August 15, 2017 Coming Up Fast
« on: August 09, 2017, 09:41:59 AM »
Countdown is On!

The next Fulfillment by Amazon inventory cleanup is scheduled for August 15, 2017. On that day, units that have been in an Amazon fulfillment center in the U.S. for six to 12 months will be assessed a Long-Term Storage Fee of $11.25 per cubic foot. Units that have been in an Amazon fulfillment center for more than 12 months will be assessed a Long-Term Storage Fee of $22.50 per cubic foot.

In the past, one unit of each ASIN in storage has been exempt from the Long-Term Storage Fee.
Consistent with Amazon’s Long-Term Storage Fee assessment in February 2017, Long-Term Storage Fees are now assessed on all inventory that has been in a U.S. fulfillment center for six months or more. The fee exemption for one unit of each ASIN no longer applies.
We are not planning a free removal promotion prior to August 15, 2017.

If you file a Removal Order before August 15, 2017 to have this inventory returned to you, you will be unable to send in additional units of these ASINs until January 1, 2018.
You can continue to sell through your remaining inventory of these ASINs.
You are responsible for paying the appropriate fees for the return of these units.



uncleleroy

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Re: LTSF August 15, 2017 Coming Up Fast
« Reply #1 on: August 10, 2017, 11:37:11 AM »
Been watching my stuff. Started off with amost 800 units a couple months ago subject to LTS fees and now down to 566. Will be liquidating some stuff to avoid the fee. Haven't figured out what I will do with the rest.

Southern Jewel's Fab Finds

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Re: LTSF August 15, 2017 Coming Up Fast
« Reply #2 on: August 10, 2017, 07:05:56 PM »
Hunkering down with the total left in the warehouse.
A good percentage of the inventory is for the up and coming holiday seasons...
These will sell in the coming months.
I've cleaned out everything that needed to be cleaned out with a combo of self-fulfill, dispose and liquidate.

uncleleroy

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Re: LTSF August 15, 2017 Coming Up Fast
« Reply #3 on: August 11, 2017, 11:14:07 AM »
Same here. What I will have left will be the stuff that will sell during the holiday season. I've got several shipments ready to go come Monday since they won't arrive until after the LTS fees are assessed. I don't feel like paying additional LTS fees in February just because I hurried and sent stuff in now.

Southern Jewel's Fab Finds

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Re: LTSF August 15, 2017 Coming Up Fast
« Reply #4 on: August 12, 2017, 09:36:50 AM »
Yep.
Shipments ready to go.
<thumbs up>

uncleleroy

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Re: LTSF August 15, 2017 Coming Up Fast
« Reply #5 on: August 12, 2017, 07:34:14 PM »
Number of boxes is piling up fast. Before I know it, I'll have to make two trips to UPS store  :h0035

  

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