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In 2024 new Amazon FBA policy for missing shipments, Amazon increased reports especially
Good for Amazon sellers and more protection in the 2024 new Amazon FBA policy for missing shipments
Firstly we need to understand the FBA network: In the network, Amazon allows sellers to store their products in Amazon’s fulfillment centers. Amazon then picks, packs and ships products to clients.
In Amazon FBA policies 2023:
1. Storage Fees and Limits: Amazon frequently updates its storage fees and policies regarding inventory limits, especially around peak seasons.
2. Fulfillment Fees: Changes in fulfillment fees, including adjustments based on item size and weight, are common.
3. Inventory Performance Index (IPI): Amazon uses the IPI to manage inventory health. Sellers need to maintain a certain score to avoid storage limitations.
4. Returns and Refunds: Policies regarding how returns are handled and how refunds are processed can change.
5. Labeling and Packaging Requirements: Amazon may update requirements for how products need to be labeled and packaged to ensure efficient processing.
6. Restricted Products: The list of products restricted from FBA can be updated, impacting what sellers can offer through the service.
Increased reports in 2024 new Amazon FBA policy for missing shipments
Sellers reported a major increase in FBA shipments in 2024. Actually, items shipped to Amazon’s warehouse were less than the quantity that sellers shipped out. Strange or not? Frankly speaking, it’s an unavoidable thing for such a big e-commerce giant Amazon. Obviously, most sellers keep a good shipping record for profit calculations. Fortunately, Amazon always improves its shipment and service. They always positively reimburse sellers for goods. However, their proactive reimbursement system also needs much quicker claims from sellers than ever before.
Starting in November of 2024, Amazon will proactively reimburse sellers for items lost in FBA shipments. Now, items lost in transportation to the fulfillment hub will be reimbursed at cost. So do the items that Amazon drops, loses or otherwise damages.
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