We calculate daily storage fee per cubic feet per item. The storage fee is computed daily depending on the average number of units of a SKU in a day.
Our storage fees start at $0.025 per cu. ft. per day, and long term storage rates apply for items sitting longer than 180 days. There is a minimum charge of $0.08 per SKU per day if that SKU is in stock.
Storage rates are shown below:
|
Inventory Age |
Storage Cost |
|
Age of Units 0 - 180 days |
$0.025 per cu ft per day |
|
Age of Units 180-360 days |
$0.075 per cu ft per day |
|
Age of Units 360 days or greater |
$0.39 per cu ft per day |
For example if you have an SKU with following dimensions
Length = 5 inch
Width = 10 inch
Height = 10 inch
Then the total cubic feet volume of the SKU is = 5x10x10/(12*12*12) = 0.29 cu ft.
For a day if the average number of units is 10. The the total volume occupied by this SKU is 2.9 cu ft for that day.
Your storage fee for that day will be 2.9 * $0.025= $0.0725
Since our minimum fee per SKU per day is $0.08 we will charge you $0.08 for this SKU for the day. If the SKU is not in stock for a day then no fee is charged.