Amazon has rolled out two new FBA programs that make it easier for sellers to get rid of returned products and inventory that’s been sitting in the FBA warehouses. Once fully rolled out, the retail giant expects these programs to give more than 300 million products a second life each year. Prior to the launch of this program, sellers would have to call the inventory back or have Amazon donate the product on their behalf.
First is FBA Liquidations, where sellers can use Amazon’s existing wholesale liquidation partners and technology to prevent potential loss on returned and overstock items. The program is now live in the U.S., Germany, France, Italy and Spain, and soon the UK.
Selling partners in the UK can take advantage of a second program FBA Grade and Resell, which gives the option to sell returned products on Amazon as “used” items. It will be available in the U.S. by the end of the year and in Germany, France, Italy and Spain by early 2022.
Not managing FBA inventory efficiently can negatively affect your bottom line. You do not want to go out of stock but at the same time don’t want excess inventory sitting in FBA warehouses costing you money. Amazon sellers find it easier to outsource tasks like inventory forecasting, shipment creation etc. to a dedicated Amazon seller consultant.