Senior Analyst, Statistics & Pricing Analytics

Job title: Senior Analyst, Statistics & Pricing Analytics

Company: Lowe’s


Job description: About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.About Lowe’s India
At Lowe’s India, we are the enablers who help create an engaging customer experience for our $97 billion home improvement business at Lowe’s. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe’s has a competitive edge in the market.About the TeamThe pricing Analytics team supports pricing managers and merchants in defining and optimizing the pricing strategies for various product categories across the channels .The team leverages advance analytics to forecast/measure the impact of pricing actions , develop strategic price zones , recommend price changes and identify sales/margin opportunities to achieve company targets .I. Job Summary:The primary purpose of this role is development and maintenance of descriptive and predictive analytics models and tools in support of Lowe’s pricing strategy. Working closely with the Pricing Analytics & Insights team, the analyst will assist in translating pricing goals and objectives to the underlying data and analytics requirements. Using open source and commercial software tools for data science, the analyst will gather and wrangle data to deliver data-driven insights, trends, and anomalies to develop the most appropriate statistical and machine learning techniques to answer relevant questions and provide retail recommendations. The analyst will actively collaborate and partner with other technical and non-technical teams to incorporate feedback at various stages of development to drive continuous improvement with the goal to be best-in-class position in the pricing space.II. Roles & Responsibilities:Core Responsibilities:The primary purpose of this role is development and maintenance of descriptive and predictive analytics models and tools in support of Lowe’s pricing strategySupport translation of business goals and objectives into analytics requirements.Design and develop processes to gather, explore, structure, enrich, and clean large datasets from various internal and external sources.Perform data validation, outlier detection, and root cause analysis to prepare inputs for statistical and machine learning models.Research, design, and develop applicable statistical and machine learning approaches for specific business problems.Assess the quality of model output to identify meaningless results and investigate root cause through detailed analysis of data inputs and code.Develop scalable retail test processes and frameworks for design of experiment, A/B testing, baseline development, assessment, and recommendations.Collaborate and partner with Pricing Strategy & Execution, Analytics COE, Merchandising, IT, and others to scope out, prioritize, and develop innovative capabilities.Convert mundane manual process in to automated onesIII. Years of Experience:3-6 years of relevant experienceIV. Education Qualification & Certifications (optional)Required Minimum Qualifications:Bachelor’s or Masters in Engineering/business analytics/Data Science/Statistics/economics/mathV. Skill Set RequiredPrimary Skills (must have)3+ Years of experience in advance quantitative analysis and statistical modelingAbility to perform various analytical concepts like Regression, Sampling techniques, hypothesis, Segmentation, Time Series Analysis, Multivariate Statistical Analysis, Predictive Modelling3+ years’ experience in corporate Data Science, Analytics, Pricing & Promotions, Merchandising, or Revenue Management3+ years’ experience working with common analytics and data science software and technologies such as SQL, Python, R, or SAS3+ years’ experience working with Enterprise level databases (e.g., Hadoop, Teradata, Oracle, DB2)3+ years’ experience using enterprise-grade data visualization tools (e.g., Power BI , Tableau)Secondary Skills (desired)Technical expertise in Alteryx, Knime, GCP,AzureLowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Expected salary:

Location: Bangalore, Karnataka

Job date: Sun, 02 Feb 2025 05:41:29 GMT

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