PlusBase inventory management service FAQs
The inventory management service, an exclusive service for PlusBase Sellers, allows you to stock products in our inventory in order to meet the Buyers' demand and optimize product stock control. In this article, we will answer some of the most frequently asked questions about PlusBase inventory management service.
A. What is the price of the PlusBase inventory management services?
B. What is the inventory management service fee collection schedule?
C. Can I move my inventory to another address?
In essence, this service is free of charge.
However, for products with no sales for 90 consecutive days, the inventory management fee is $0.14/pc/month.
The inventory management service fee will be deducted from the Seller's Balance on the last day of the month. If the Balance is negative, the amount will be charged directly to the credit card linked to the Seller's ShopBase or PlusBase Balance.
If the Seller's Balance is insufficient to cover the inventory management fee, PlusBase will acknowledge that the Seller is unable to make the payment. If the Seller does not finish the payment within 45 days of receiving the service fee collection notification from PlusBase, PlusBase will liquidate or destroy the products. Following the liquidation of the products, PlusBase will utilize the funds raised to cover the expenses of storage for warehouse suppliers, the costs of product destruction (if any), and any remaining funds will be credited to the Seller's Balance.
PlusBase can transfer the Seller's inventory to a different location upon request. Please be aware that the Seller will be held responsible for the payment of any associated costs, such as shipping fees, inventory management fees, and any other relevant costs (if any).
Policy for PlusBase's sellers
Shipping with PlusBase
Understand PlusBase shipping process
In this article
A. What is the price of the PlusBase inventory management services?
B. What is the inventory management service fee collection schedule?
C. Can I move my inventory to another address?
A. What is the price of the PlusBase inventory management services?
In essence, this service is free of charge.
However, for products with no sales for 90 consecutive days, the inventory management fee is $0.14/pc/month.
B. What is the inventory management service fee collection schedule?
The inventory management service fee will be deducted from the Seller's Balance on the last day of the month. If the Balance is negative, the amount will be charged directly to the credit card linked to the Seller's ShopBase or PlusBase Balance.
If the Seller's Balance is insufficient to cover the inventory management fee, PlusBase will acknowledge that the Seller is unable to make the payment. If the Seller does not finish the payment within 45 days of receiving the service fee collection notification from PlusBase, PlusBase will liquidate or destroy the products. Following the liquidation of the products, PlusBase will utilize the funds raised to cover the expenses of storage for warehouse suppliers, the costs of product destruction (if any), and any remaining funds will be credited to the Seller's Balance.
C. Can I move my inventory to another address?
PlusBase can transfer the Seller's inventory to a different location upon request. Please be aware that the Seller will be held responsible for the payment of any associated costs, such as shipping fees, inventory management fees, and any other relevant costs (if any).
Related articles
Policy for PlusBase's sellers
Shipping with PlusBase
Understand PlusBase shipping process
Updated on: 30/07/2024
Thank you!