15 Oct
|
Advance Auto Parts
|
Hyderabad
15 Oct
Advance Auto Parts
Hyderabad
Role and Responsibilities
- Develop Analytics solutions / predictive model for pricing and promotions e.g. price elasticity models, customer segmentation, discount optimization with minimum supervision
- Perform statistical analysis for hypothesis testing e.g. A/B testing to predict the impact of pricing changes on test skus/regions.
- Collaborate with the pricing strategy and insights team to conceptualize and develop the prototype of analytics solutions
- Involve in discussions with stakeholders and gather requirements showcasing the analysis, interpretations & findings and scale the solutions to next level
- Forecasting of demand drivers using Structural Time Series and Naive Bayes approach and also by analyzing the impact of micro-economics factors on category/region performance
- Build intelligent systems to capture and model the vast amount of behavior data to enrich the content understanding with behavioral information for promotional strategies
Requirements
- 2 to 4 years of relevant experience as data scientist or pricing scientist in retail/ecom analytics
- Masters/PhD in management science, data science, economics,
mathematics from reputed institutes is preferable
- Should have a strong fundamental understanding of price elasticity, price-demand curves, econometrics and optimizations techniques.
- Strong applied knowledge of machine learning covering the landscape of classification, regression and with in-depth interpretation of outcomes for pricing and promotions
- Advance level proficiency in python/R, PowerBI, Snowflake/SQL
- Ability to effectively communicate and explain the analytical model approach and output with the business stakeholders
- Applicants should have strong fundamental understanding and research experience in Data Wrangling, Statistical Analysis, Predictive Modeling using Machine Learning (Regression and Classification), Clusters Segmentation, Time Series Forecasting (ARIMA, SARIMAX) etc.
- Strong business acumen to understand the retail and merchandizing functions.
- Excellent communication and cooperative skills with the ability to work in cross functional multi-cultural global teams
📌 Associate Pricing Scientist (Hyderabad)
🏢 Advance Auto Parts
📍 Hyderabad