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.
Solid 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 robust 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