
Data Insights Specialist
2 weeks ago
Job Overview
The Pricing Analytics team supports pricing managers and merchants in defining and optimizing the pricing strategies for various product categories across channels. The team leverages advanced 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.
Key Responsibilities:
- Responsible for providing cluster-specific data analytics, including development and deployment of necessary dashboards, reporting & insights.
- Research, design, and develop applicable statistical approaches/models for specific business problems (Price Testing, Price Change, Post Mortem & Category review).
- Design and develop processes to gather, explore, structure, enrich, and clean large datasets from various internal and external sources.
- Leverage Item role designation (Key Value Item (KVI), Head, Core & Tail) models in support of Role of Category and Intent objectives to develop insights.
- Analyze Competitor demographics & performance for pricing across key categories.
- Develop scalable retail test processes and frameworks for design of experiment, test v/s control testing, baseline development, assessment, and recommendations.
- Ad Hoc reporting and analysis for Pricing team.
- Develop executive-ready presentations synthesizing multiple data sets to effect a new decision related to Pricing.
Requirements:
- Bachelor's Degree plus 3+ years experience in an analytical role OR 6+ years of relevant experience in a professional environment.
- Strong analytical skills with demonstrated ability to accumulate, evaluate, and generate insights from disparate data sources.
- Capable of summarizing vast amounts of information as well as understanding the detail supporting the analysis.
- Experience in Data mining and visualization tool such as Power BI, Excel, GCP, and SQL (ETL).
Desirable Skills:
- Technical expertise in Tableau, Knime, Power Automate.
- Experience in Python, statistical concepts/modeling.
- Experience in Pricing Analytics or Marketing Analytics or Retail Analytics.
About Our Team
We are committed to equal opportunity employment. Lowe's is an inclusive workplace where diversity is celebrated.
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