Data Scientist

2 weeks ago

Bengaluru, Karnataka, India Oneture Technologies Full time ₹ 15,00,000 - ₹ 25,00,000 per year

We are looking for a highly motivated Demand Forecasting Analyst with hands-on experience in building, improving, and managing demand forecasting models for retail businesses. The candidate will play a key role in leveraging data-driven forecasting techniques to optimize inventory, improve supply chain efficiency, and enhance business decision-making. The role requires a strong business understanding of retail operations, combined with technical expertise in AWS cloud services, forecasting techniques, and stakeholder communications.

Responsibilities

  • Develop, implement, and maintain demand forecasting models tailored to retail business needs.
  • Analyze historical sales data, seasonal patterns, promotions, and external market factors to improve forecast accuracy.
  • Collaborate with cross-functional teams (merchandising, supply chain, finance) to understand business requirements and translate them into forecasting solutions.
  • Leverage AWS services (Amazon Forecast, S3 Lambda, Glue, Redshift, QuickSight, SageMaker, etc. ) for data preparation, modelling, deployment, and reporting.
  • Continuously monitor forecast performance and refine models to reduce forecast error (MAPE, WAPE, etc. ).
  • Provide actionable insights and recommendations to stakeholders for inventory management, pricing, and demand planning. Create dashboards and reports to track key forecasting KPIs for business teams.

Requirements

  • 1-2 years of experience in demand forecasting within retail (FMCG, e-commerce, fashion, or grocery retail preferred).
  • Strong understanding of retail demand drivers such as seasonality, promotions, new product launches, and external factors.
  • Hands-on experience with AWS services such as Amazon Forecast for building forecasting models. Amazon S3 Glue, Redshift for data storage, and ETL. Amazon SageMaker for model customization and fine-tuning. o Amazon QuickSight for reporting and dashboards.
  • Proficiency in Python for data analysis and modelling.
  • Familiarity with forecasting methods (ARIMA, DeepAR, Prophet, ML-based forecasting, regression, etc. ).
  • Strong analytical skills with the ability to interpret data and provide business insights. Excellent communication and presentation skills to interact with both technical and non-technical stakeholders.

Good To Have

  • Experience with time-series modelling in retail.
  • Knowledge of inventory optimization and supply chain planning.

This job was posted by Rituza Rani from Oneture Technologies.

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