Beginning on April 1, 2024, Amazon will modify the monthly charges for storing goods. For standard size products, the monthly off-peak inventory storage prices will be lowered by $0.09 per cubic foot from January to September. The storage fees due in May 2024 and payed in April 2024 will reflect this adjustment. The off-peak monthly inventory storage charge for large, bulky, or extra-large products, as well as the off-peak monthly inventory storage price for regular sizes, will remain unchanged. Large goods. Thick and exceptionally massive goods.

Storage utilization surcharge changes
Amazon will begin charging professional sellers with storage usage ratios more than 22 weeks for storage usage surcharges on April 1, 2024. The cost will include more precise fee tiers. Beginning on June 1, 2024, products that are automatically restocked by Amazon Warehousing and Distribution will qualify for the waiver of the storage usage surcharge.

Aged inventory surcharge changes
The old stock surcharge for equities held for 271 to 365 days will increase as of February 15, 2024. The surcharge will not vary for inventory kept for more than 365 days or for inventory kept for between 181 and 270 days.

The purpose of these modifications is to maximize storage effectiveness and guarantee reasonable prices for vendors utilizing Amazon’s fulfillment services.

Give your Amazon inventory management a break and let our amazon marketing consultant handle it for you. Our knowledgeable staff is here to help you handle the new inventory adjustments with ease. Reach out right now.