Any campany that had a problem and how can we solve that problem using Delphi techique
One example of a company facing a problem that could potentially be solved using Delphi technique is a retail business struggling with inventory management issues. The company may have difficulty accurately forecasting demand for products, resulting in stockouts or excess inventory.
To address this problem using the Delphi technique, the company could gather a panel of experts from various departments such as sales, marketing, operations, and finance to participate in a series of anonymous surveys or structured interviews. These experts would provide their individual insights and predictions on factors affecting inventory management, such as consumer trends, seasonality, competitor activity, and economic conditions.
Through multiple rounds of feedback and iteration, the Delphi technique would allow the company to synthesize the collective knowledge and opinions of the panel, leading to more accurate and reliable forecasts for inventory planning. This approach could help the company optimize inventory levels, reduce costs associated with stockouts and overstocking, and ultimately improve overall operational efficiency and customer satisfaction.