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Supply Chain Concepts

Delphi Method

Major Topic Area: demand management

The Delphi forecasting method is a qualitative forecasting technique. As such it relies on expert opinions to generate a demand estimate.

Delphi usually utilizes the services of an independent and impartial facilitator to compile the independent opinions of multiple experts. The objective is to eventually drive consensus among the experts. This may require multiple rounds of facilitation.

 

 

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