What is Delphi Method in Supply Chain Management?

Learn Delphi Method definition in supply chain management with explanation to study “What is Delphi Method”. Study delphi method explanation with SCM terms to review supply chain management course for online MBA programs.

Delphi Method Definition

Delphi Method Explanation

The organizations use this method to get different results for forecasting process. In this the multiple round of questionnaires are sent to the expertise and they give answers anonymously and then shared with the each member of the group after every round. After that the suggestions from all collected and the thinking as a whole reaches towards the correct response with the help of consensus.

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