Amazon.ca Introduces Automated Removal Policy for Aged Inventory to Boost Fulfilment Centre Efficiency
New Policy Aims to Improve Fulfillment Center Efficiency
By ChannelMAX Staff Writer
Mar-2024#14
Amazon.ca has announced a new measure aimed at enhancing the efficiency of its fulfillment centers by automating the removal of aged inventory. Sellers who store their products in Amazon's fulfillment centers are now given the option to manage their aged inventory before the policy takes effect on April 13.
Understanding Aged Inventory and Its Impact
Aged inventory is defined as items that have been housed in an Amazon fulfillment center for over 365 days. The accumulation of such inventory can lead to storage constraints and affect the overall performance metrics of the fulfillment network. As a result, Amazon is taking steps to encourage sellers to either sell, remove, or otherwise deal with their aged inventory.
Also Read: Two-factor Authentication to Become Mandatory for Amazon Seller Central Sign-ins
Automated Removal to Streamline Operations
To facilitate a more dynamic inventory flow, Amazon.ca will start automating the removal process for inventory that exceeds the one-year threshold. This initiative is designed to help sellers avoid incurring additional surcharges related to aged inventory and to improve their Inventory Performance Index (IPI) score potentially. This important metric influences storage limits and the overall health of a seller's account.
How Sellers Can Manage Their Aged Inventory
Sellers are advised to visit the Automated Fulfillable Inventory settings section in their account to make their preferences known. They can choose to have the aged inventory returned to them by selecting 'Return' and providing a valid return address. Failing to provide an address will result in the inventory being donated, recycled, or otherwise disposed of by Amazon.
Option to Opt-Out and Important Considerations
For those sellers who prefer to handle aged inventory themselves, there is an option to 'Disable' the automated removal process. However, it's crucial to note that once an automated removal has been initiated, it cannot be canceled. Sellers must act promptly to update their preferences before the April 13 deadline to retain control over their aged inventory.
Notifications and Tools for Sellers
Amazon.ca will communicate with sellers who have aged inventory via email and through notifications in Seller Central. These communications will provide reminders and updates regarding the upcoming automated removals. Sellers are encouraged to regularly review their inventory age and make any necessary changes to their removal settings to stay ahead of the new policy.
Final Thoughts for Amazon.ca Sellers
With the new automated removal process, Amazon.ca aims to create a more efficient and responsive fulfillment environment that benefits both sellers and customers. Sellers are encouraged to act swiftly to determine the most suitable course of action for their aged inventory to maintain compliance with Amazon's policies and to optimize their business operations on the platform.
Also Read: Amazon Introduces URL-Based Product Listings for Sellers Using Generative AI
Follow us on Facebook, X and LinkedIn to get the latest news and updates related to online selling.
By ChannelMAX Staff Writer
Mar-2024#14
Amazon.ca has announced a new measure aimed at enhancing the efficiency of its fulfillment centers by automating the removal of aged inventory. Sellers who store their products in Amazon's fulfillment centers are now given the option to manage their aged inventory before the policy takes effect on April 13.
Understanding Aged Inventory and Its Impact
Aged inventory is defined as items that have been housed in an Amazon fulfillment center for over 365 days. The accumulation of such inventory can lead to storage constraints and affect the overall performance metrics of the fulfillment network. As a result, Amazon is taking steps to encourage sellers to either sell, remove, or otherwise deal with their aged inventory.
Also Read: Two-factor Authentication to Become Mandatory for Amazon Seller Central Sign-ins
Automated Removal to Streamline Operations
To facilitate a more dynamic inventory flow, Amazon.ca will start automating the removal process for inventory that exceeds the one-year threshold. This initiative is designed to help sellers avoid incurring additional surcharges related to aged inventory and to improve their Inventory Performance Index (IPI) score potentially. This important metric influences storage limits and the overall health of a seller's account.
How Sellers Can Manage Their Aged Inventory
Sellers are advised to visit the Automated Fulfillable Inventory settings section in their account to make their preferences known. They can choose to have the aged inventory returned to them by selecting 'Return' and providing a valid return address. Failing to provide an address will result in the inventory being donated, recycled, or otherwise disposed of by Amazon.
Option to Opt-Out and Important Considerations
For those sellers who prefer to handle aged inventory themselves, there is an option to 'Disable' the automated removal process. However, it's crucial to note that once an automated removal has been initiated, it cannot be canceled. Sellers must act promptly to update their preferences before the April 13 deadline to retain control over their aged inventory.
Notifications and Tools for Sellers
Amazon.ca will communicate with sellers who have aged inventory via email and through notifications in Seller Central. These communications will provide reminders and updates regarding the upcoming automated removals. Sellers are encouraged to regularly review their inventory age and make any necessary changes to their removal settings to stay ahead of the new policy.
Final Thoughts for Amazon.ca Sellers
With the new automated removal process, Amazon.ca aims to create a more efficient and responsive fulfillment environment that benefits both sellers and customers. Sellers are encouraged to act swiftly to determine the most suitable course of action for their aged inventory to maintain compliance with Amazon's policies and to optimize their business operations on the platform.
Also Read: Amazon Introduces URL-Based Product Listings for Sellers Using Generative AI
Follow us on Facebook, X and LinkedIn to get the latest news and updates related to online selling.
Disclaimer:
Amazon is the registered trademark of the e-commerce brand.
About ChannelMAX.NET:
ChannelMAX offers Amazon Repricer that runs on the latest AI Repricing algorithm to do Amazon Pricing Management or Amazon Repricing. Based on Amazon SP API, the repricing engine or repricer runs 24/7 and efficiently manages Amazon prices to maximize your BuyBox with profit optimization. Established in 2005, ChannelMAX has been integrated with Amazon technology since 2007, helping thousands of third-party sellers on various eCommerce platforms. Some of the eCommerce platforms, aka marketplaces, supported by ChannelMAX.NET, are Amazon, Walmart, eBay, and Shopify. Some of ChannelMAX key offerings include ChannelMAX Amazon Repricer, 2ndly, ChannelMAX Amazon FBA Audits and FBA Refunds management, an offering for managing Amazon FBA Refunds Reimbursement management for lost or damaged or misplaced inventory for which Amazon is responsible and for which sellers deserve appropriate credit reimbursement from Amazon. ChannelMAX Services offer Remote (aka Virtual) Full-Time eCommerce Assistant to help 3P sellers run their daytoday business.
Check ChannelMAX at Amazon Selling Partner Appstore, an application with a 5 star rating.
Amazon is the registered trademark of the e-commerce brand.
About ChannelMAX.NET:
ChannelMAX offers Amazon Repricer that runs on the latest AI Repricing algorithm to do Amazon Pricing Management or Amazon Repricing. Based on Amazon SP API, the repricing engine or repricer runs 24/7 and efficiently manages Amazon prices to maximize your BuyBox with profit optimization. Established in 2005, ChannelMAX has been integrated with Amazon technology since 2007, helping thousands of third-party sellers on various eCommerce platforms. Some of the eCommerce platforms, aka marketplaces, supported by ChannelMAX.NET, are Amazon, Walmart, eBay, and Shopify. Some of ChannelMAX key offerings include ChannelMAX Amazon Repricer, 2ndly, ChannelMAX Amazon FBA Audits and FBA Refunds management, an offering for managing Amazon FBA Refunds Reimbursement management for lost or damaged or misplaced inventory for which Amazon is responsible and for which sellers deserve appropriate credit reimbursement from Amazon. ChannelMAX Services offer Remote (aka Virtual) Full-Time eCommerce Assistant to help 3P sellers run their daytoday business.
Check ChannelMAX at Amazon Selling Partner Appstore, an application with a 5 star rating.