Amazon launches new feature in UK to manage idle inventory with one click

Amazon launches new feature in UK to manage idle inventory with one click

How to clean up inventory has always been a headache for sellers. Excess inventory on the platform not only generates high storage costs, but also occupies funds. If the inventory is not handled in time, it may be abandoned, resulting in a loss of both money and goods.

 

In order to help sellers maximize inventory space, save inventory management costs, maximize the recovery of the remaining value of slow-moving inventory, and simplify the inventory management process, Amazon launched the "Automatic Inventory Removal" feature. Three months ago, this feature was launched on Amazon's US site, and from August 15, Amazon's UK site will also start running this feature.

 

 

If you choose to enable the automatic removal feature, inventory that meets the "overage" and "idle" criteria will be removed. Overage inventory refers to inventory that has been stored in the fulfillment center for more than 365 days and is subject to long-term storage fees; while idle inventory refers to ASINs that have no sales records for six consecutive months or more and have been stored in Amazon's fulfillment centers for more than 180 days.

 

There are two automatic clearance paths for these stocks. First, if there is a return address, it will be returned directly. The system defaults to returning the stock to the address provided by the seller. If there is no return address, the seller's stock that meets the automatic clearance conditions will be automatically cleared through the clearance plan to recover the value. If the conditions for automatic bulk clearance are not met, the seller's stock will be donated, recycled or disposed of.

 

 

This new feature can bring sellers advantages such as "reduced costs", "recovery of value", and "more convenience", because the automatically cleared inventory usually has no sales record for more than six months or longer, which can usually reduce additional costs such as long-term storage fees. Some inventory that does not meet the clearance conditions is not directly abandoned. Amazon's new rating and resale, bulk clearance plan and other features allow sellers to quickly deal with inventory that was originally planned to be abandoned or destroyed, allowing sellers to recover part of the cost and inventory capacity will be released immediately.

 

In addition, the automatic removal function will automatically help sellers process inventory in order of value recovery from large to small, without the need for sellers to do manual operation. If sellers no longer want to use this function, they can also turn it off in the platform settings.

 

To set up automatic inventory removal, go to Settings in the menu bar, select Amazon Logistics, scroll down to the Automatic Removal Settings for Available Inventory page, and click Edit. You can choose to enable or disable this feature as needed.

 

For sellers, inventory management is an important part of preparing for peak season sales, and automatic removal can automatically clean up unhealthy inventory for sellers, recover surplus value, and save many worries about managing inventory.

 

However, Amazon recommends that before automatically removing inventory, sellers should check inventory status regularly and give priority to recovering the maximum value of goods through promotional means such as price reductions and advertising.


Amazon

UK Station

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