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Advance Auto Parts

Automotive aftermarket parts retailer

Associate Pricing Scientist

Data ScienceConfirmed live in the last 24 hours
Full-timeHyderabad, Telangana, IndiaNo salary listedIn-person

About the Job

Requirements

  • Requires 2 to 4 years of relevant experience as a data scientist or pricing scientist in retail or e-commerce analytics.
  • A Master's or PhD in management science, data science, economics, or mathematics from a reputed institute is preferable.
  • Requires a strong fundamental understanding of price elasticity, price-demand curves, econometrics, and optimization techniques.
  • Requires applied machine-learning knowledge covering classification and regression, including in-depth interpretation of outcomes for pricing and promotions.
  • Requires advanced proficiency in Python or R, Power BI, and Snowflake or SQL.
  • Requires the ability to communicate and explain analytical model approaches and outputs to business stakeholders.
  • Requires a strong fundamental understanding and research experience in data wrangling, statistical analysis, predictive modeling using machine learning (regression and classification), cluster segmentation, and time-series forecasting (ARIMA, SARIMAX).
  • Requires business acumen to understand retail and merchandising functions.
  • Requires communication and collaboration skills and the ability to work in cross-functional, multicultural global teams.

Responsibilities

  • Develop analytics solutions and predictive models for pricing and promotions, such as price elasticity models, customer segmentation, and discount optimization, with minimum supervision.
  • Perform statistical analysis for hypothesis testing, such as A/B testing, to predict the impact of pricing changes on test SKUs or regions.
  • Collaborate with the pricing strategy and insights team to conceptualize and develop prototypes of analytics solutions.
  • Engage stakeholders to gather requirements, present analysis, interpretations, and findings, and scale solutions.
  • Forecast demand drivers using Structural Time Series and Naïve Bayes approaches, and analyze the impact of microeconomic factors on category or regional performance.
  • Build intelligent systems to capture and model behavioral data and enrich content understanding with behavioral information for promotional strategies.

About the Company

Advance Auto Parts

Automotive aftermarket parts retailer

Advance Auto Parts supplies automotive aftermarket parts and accessories to both professional installers and DIY customers through thousands of stores in North America. Its product lineup includes replacement parts, maintenance items, and car accessories for cars, vans, and light trucks, sold in-store and online with staff guidance to help customers select the right parts. The company differs from many competitors through its extensive store network, broad product assortment, and ability to serve both professional businesses and individual customers with knowledgeable service and a nationwide distribution and retail model. Its goal is to be the preferred source for auto parts by offering a wide selection, convenient locations, and expert customer assistance.

Company size
10,001+
Company stage
IPO
Headquarters
Raleigh, NC
Founded
1932

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