In order to promote the sustainable and healthy development of the overseas warehouse business, and to cover for the recent changes in inflation and exchange rates fluctuations, JUMIA will be implementing changes on the FBJ fee structure. The details and changes of the overseas warehouse business fees are explained as follows:
Ⅰ. Outbound Fee
From June 1, 2022, JUMIA will begin to charge an FBJ Outbound Fee in all sites. This fee will apply to every FBJ item in delivered final status (not charged if the item is returned/delivery failed).
1.A new progressive storage fee model will be launched only in Kenya on July 1st, 2022. The model consists in applying a multiplier to the standard daily fee, depending on the age of the item in the warehouse.
2.Jumia Services Warehouse is implementing FIFO (First In First Out), which means that products that are put into the warehouse first will have priority in leaving the warehouse.
3.Storage fees may not apply if you have signed a separate contract with JUMIA regarding prepaid storage.
*Take an example as follows, warehousing of small product in Nigerian overseas warehouse
If the storage time is 55 days, the corresponding storage fee will be incurred:
For the first 30 days, the multiplier effect on current fee=0
Storage fee = daily storage fee * multiplier effect on current fee * storage days =0.0081*0*30=0 USD
For the Days 31 to 55：The multiplier effect on current fee=1
Storage fee = daily storage fee * multiplier effect on current fee * storage days =0.0081*1*25=0.2025
Total Storage Fee=0+0.2025=0.2025 USD
Ⅲ. FBJ Inbound Fee
The existing Inbound fees will not change and will still be applicable to all FBJ sellers:
Total Inbound Fee = Inbound Fee + VAT
Inbound fee is based on size of products,which is uniform for each site