7.15.20 – Hello from Ideoclick,
We have multiple Amazon updates for sellers (both Seller Central and Vendor Central) we wanted to make sure you’re aware of this week.
Although an official date for Amazon Prime Day has not yet been announced, communication from Amazon Vendor Central explains that POs for approved Prime Day deals will begin in August. Our estimation is that Prime Day will be held during the first or second week of October.
For Seller Central clients, plan to start increasing your inventory position on FBA four to six weeks prior to October 1st.
For Vendor Central clients, Amazon stated that you should expect to receive POs for approved deals in two phases starting at the beginning of August.
FFP/SIOC Chargeback Grace Period Extension
Amazon has announced that it will extend its grace period on the SIOC minimum dimensions chargeback. The SIOC exemption rule will now be effective 1/1/2021. For visibility to which ASINs are likely to be eventually affected, you will notice them under “waived” status in Vendor Central chargeback notices. The main point is that the baseline SIOC requirements have not changed, meaning that an ASIN with packaging larger than 18″ x 14″ x 8″ or greater than 20 lbs will require SIOC FFP certification.
This is a highly detailed and confusing subject, and we are here to help you navigate it. If you need assistance, please reach out to your client success manager or contact us if you’re not already a client.
Upcoming Warehouse Limits
Please be aware that in preparation for holiday and due to the COVID pandemic, Amazon intends to apply storage limits to sellers using FBA . The limits are expected to extend to all product categories. Starting today, Amazon is removing its inventory removal fee to accommodate the new standards. This is expected to alleviate some supply chain constraints, but we don’t have information on how long the new inventory regulations will apply.
Seller Central Visibility
Along with other Amazon updates for sellers, the company has announced that U.S. based 3P sellers must now disclose contact information publicly. The decision should help brand manufacturers identify and shut down the sale of counterfeit or unregulated goods as well as identify unauthorized sellers.
Your Ideoclick Team