Amazon will be adjusting the monthly inventory storage fees starting from April 1, 2024. Off-peak monthly inventory storage fees for standard-size products (January-September) will be reduced by $0.09 per cubic foot. This change will be reflected in May 2024 charges for storage that occur in April 2024. There will be no changes to off-peak monthly inventory storage fees for large bulky or extra-large products and peak monthly inventory storage fees for standard-size, large bulky, and extra-large products.
Storage utilization surcharge changes
Beginning April 1, 2024, Amazon will introduce more granular fee tiers to the storage utilization surcharge and will start applying the fee to Professional sellers with a storage utilization ratio above 22 weeks. Products auto-replenished by Amazon Warehousing and Distribution will be eligible for a storage utilization surcharge waiver starting June 1, 2024.
Aged inventory surcharge changes
Effective February 15, 2024, the aged inventory surcharge for inventory stored between 271 to 365 days will increase. Surcharges will remain unchanged for inventory stored between 181 to 270 days and inventory stored 365 days or more.
These changes aim to optimize storage efficiency and ensure fair pricing for sellers utilizing Amazon’s fulfillment services.
Let our Amazon consultants take the hassle out of managing your Amazon inventory. Our expert team is here to ensure you navigate the new inventory changes seamlessly. Get in touch today.
