Braulio Brunaud
Braulio Brunaud
Sr Data Science Manager at Johnson & Johnson
Track: Supply Chain Analytics
A Gentle Path Towards Stochastic Optimization for Strategic Capacity Management in the Medical Devices Industry
Stochastic Optimization has been identified as one the most relevant techniques to achieve resilient strategic decisions. However, its implementation in practice results too complex, with challenges in describing uncertainty and explaining the optimization outcomes. In this work we describe the path towards the adoption of optimization under uncertainty for medical devices supply chain from uncertainty description and scenario analysis to stochastic optimization, to ensure adoption by decision-makers.
