Logistics & Forecasting
Amazon FBA Management
Comprehensive Amazon FBA Management Services
Injection Plans
Shipment Manifests
Coordinating Packing
Reconciling Inbound Receipts
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Amazon FBA: The Premier Fulfillment Method
Amazon FBA: The Premier Fulfillment Method
FBA’s fast shipping speeds, lenient customer return policies, and expansive geographical reach have been key factors in establishing Amazon as the leading marketplace. Fulfilled by Amazon (FBA) operates over 175 fulfillment centers globally, creating a robust network that handles Amazon orders and off-Amazon sales alike. Using FBA ensures you meet customer delivery expectations, which is why millions of sellers actively choose to use it for order fulfillment.
At Brandwoven, we help sellers leverage FBA effectively for their product lines. Our services include guiding you through packing requirements, forecasting FBA sell-through, coordinating shipments to ensure timely positioning, reconciling any shortages, and disputing FBA overbillings. Our demand planners, shipping coordinators, and client success managers work together to comprehensively manage FBA in a way that will allow sales to be maximized.
Managing Amazon FBA Inventory with KPIs
Managing Amazon FBA Inventory with KPIs
To properly manage Amazon FBA inventory, we monitor to a set of KPIs. We push ourselves to perform to the KPIs knowing they relate to best practices that will have our clients well-positioned in the marketplace.
One of the primary KPIs we monitor is sell-through rate. This metric tells us the velocity products are selling. It allows us to make informed adjustments to demand and ordering plans. Working diligently towards a target sell-through rate will keep inventory levels appropriate.
We also manage to in-stock rate which reflects the percentage of time that products are available for purchase. Maintaining a high in-stock rate is needed to maximize sales, build momentum on the marketplace, and collect complete data sets.
Additionally, we track stranded inventory which indicates the proportion of inventory that is not available for sale due to listing issues or other complications. By monitoring stranded inventory, we quickly identify and resolve problems, to keep inventory available for purchase.
The KPI’s are simple but inform us on how to adjust in our constant work to make our inventory efficient.
Frequently Asked Questions
What is Amazon FBA?
Amazon FBA (Fulfillment by Amazon) is a service that allows sellers to store their products in Amazon’s fulfillment centers. Amazon takes care of storage, packaging, shipping, and customer service.
How does Amazon FBA benefit my business?
Amazon FBA offers several benefits, including Prime eligibility, efficient customer service, and streamlined logistics. This can lead to increased sales, improved customer satisfaction, and reduced workload for the seller.
What are the costs associated with Amazon FBA?
Amazon FBA charges fees for storage and fulfillment. Storage fees are based on the volume of your inventory while fulfillment fees are charged per unit sold, depending on the item’s size and weight.
How do I send my products to Amazon FBA?
To send products to Amazon FBA, create a shipment plan in your Seller Central account, prepare your products according to Amazon’s guidelines, and ship them to the designated fulfillment center. Brandwoven’s logistics team is can coordinate this process on your behalf.
Can I track my inventory in Amazon FBA?
Yes, Amazon provides an array of reports to assist with tracking inventory levels. For accounting, the Inventory Ledger report is recommended. Brandwoven simplifies and distributes this reporting to our partners.
What happens if my products stored in FBA don’t sell?
If your products don’t sell, you may incur long-term storage fees. To avoid these fees, you can create removal orders to have your inventory returned or disposed of, or implement strategies to boost sales, such as promotions or advertising.