HYDERABAD · FULLTIME
Associate Pricing Scientist
Advance Auto Parts
Hyderabad · onsite · Posted 5d ago
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Undisclosed2–4 yrsfulltimeHyderabad
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Section · 01
About this role
Role and Responsibilities
Requirements
- 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 collaborative skills with the ability to work in cross functional multi-cultural global teams
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Section · 02
Skills
Customer ExperienceAutomotiveclassificationdata scientistCustomer SegmentationCompetitive intelligenceEconometricsHypothesis TestingData WranglingAnalyticsAuto PartsARIMAbusiness strategyData ScienceForecasting
Section · Company
About Advance Auto Parts
Advance Auto Parts
Auto Components
322
employees
1932
94 years old
Hyderabad, Telangana
India
₹19.5L PA avg
Avg at Advance Auto Parts
About
Advance Auto Parts is a prominent automotive aftermarket retailer, providing a wide range of parts and accessories to both DIY customers and professional installers across the U.S.
Industries
Auto ComponentsRetailFashion & Textile
Employee ratings
10 reviews
3.4/ 5
Culture
3.2
Career growth
2.4
Work-life
3.4
Employees rate it well for
Compensation & Benefits39Work-Life Balance38
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