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Seasonality
Large variations in product demand that reoccur during the same approximate timeframe on a yearly basis and are not due to a trend or promotion (as in the yearly demand for Halloween candy or snow shovels). Products that exhibit a high degree of seasonality normally require an inventory build based on forecast prior to the high demand period, or the flexibility to greatly vary production and supply.
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- Part of Speech: noun
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- Industry/Domain: Software
- Category: Supply chain
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