Data Scientist

2 weeks ago

Navi Mumbai, Maharashtra, India beBeeDataScientist Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

Job Title: Data Scientist - Price Optimization

We are seeking a highly skilled professional with expertise in machine learning, price optimization, and inventory management.

The ideal candidate will be responsible for building scalable pricing solutions, developing optimization algorithms, and leveraging advanced analytics to maximize business outcomes.

You will work closely with cross-functional teams to design and implement pricing models, automate workflows, and generate actionable insights that enhance revenue, improve margins, and balance inventory effectively.

Key Responsibilities:

  • Develop and implement price optimization models leveraging machine learning and econometric techniques.
  • Analyze and model price elasticity of demand to recommend data-driven pricing strategies.
  • Collaborate with business stakeholders to design inventory optimization frameworks that balance supply, demand, and profitability.
  • Build and deploy end-to-end pipelines on cloud platforms for data ingestion, transformation, and model deployment.
  • Monitor, evaluate, and continuously improve pricing and inventory optimization models.
  • Perform scenario-based simulations to measure the business impact of pricing and stocking decisions.
  • Communicate findings and recommendations to business leaders in a clear, actionable manner.

Required Skills and Qualifications:

  • Bachelor's or Master's degree in Computer Science, Data Science, Economics, or related field.
  • 3+ years of experience in data science, optimization, or applied machine learning.
  • Hands-on expertise in cloud ecosystems (e.g., Databricks, Azure ML, Synapse, Data Lake).
  • Strong programming skills in Python, SQL (R is a plus).
  • Experience in optimization algorithms, econometrics, and statistical modeling.
  • Proven experience working on price elasticity, demand forecasting, or revenue management.
  • Strong business acumen with the ability to translate data into strategic recommendations.

Benefits:

This role offers a unique opportunity to work with cutting-edge technologies and contribute to the development of innovative pricing solutions.

Candidates will have the chance to collaborate with experienced professionals and gain valuable insights into the industry.

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