What is eligible for STS charges?
- STS fees are charged for the following inventory types: Food, Inserts/Collateral, Greeting Cards, Wine, Gift Sets (GSETs), and Accessories
- STS fees are not charged for Packaging and Pick-to-Order (PTO)
How are my STS fees calculated?
SKU calculates Short Term Storage fees by looking at a given SKU’s inventory activity over three (3) months/ninety (90) days. The system looks at the beginning quantity and subtracts the quantity shipped, the quantity adjusted (OUT requests, for example), the quantity damaged, and the quantity kitted (put into GSETs). The resulting number will be used to calculate Short Term Storage fees. For example, if your ending quantity is 5 cases on hand and your billing rate is 0.95 x 5 cases = $4.75 invoiced.DECEMBER BILL | = | Sep 01 Total Inventory Count | MINUS | Total unit shipments for Sep + Oct + Nov | = | Excess Inventory | MULTIPLIED BY | $0.0792* |
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JANUARY BILL | = | Oct 01 Total Inventory Count | MINUS | Total Unit Shipment for Oct + Nov + Dec | = | Excess Inventory | MULTIPLIED BY | $0.0792* |