Senior Data Scientist at Target

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Retail, TechnologyIndustries

Requirements

Bachelor's/MS/PhD in Mathematics, Statistics, Operations Research, Industrial Engineering, Physics, Computer Science, or related fields
3-4+ years of relevant experience
Experience in applying a variety of machine learning techniques to solve complex problems in Marketing or related domain
Strong analytical thinking and data visualization skills
Ability to creatively solve business problems and innovate new approaches
Experience cleaning, transforming, and analysing large datasets for insights leading to business improvements

Responsibilities

Collaborate with Product, Tech, and business partners to solve retail Marketing challenges at scale
Design, develop, deploy, and maintain data science models and tools
Work closely with engineers and data scientists to build and productionalize segmentation, redemption, and optimization models using ML and Generative AI
Continuously partner with data analysts and business partners to learn and address evolving Marketing challenges
Gain an in-depth understanding of systems and processes influencing Marketing incremental sales revenue and redemption
Analyse large datasets to derive insights for model improvements and solution development
Develop optimization-based solutions, mathematical models (probabilistic/deterministic models), predictive models, and implement them in real-world production systems with measurable impact
Collaborate with the team to build and maintain complex software systems and tools
Add new capabilities and features to the simulation framework to reflect the complexities of an evolving supply chain network
Develop and deploy modules to run simulations for testing and validating multiple scenarios to evaluate the impact of various inventory purchasing and management strategies
Coordinate the analysis, troubleshooting, and resolution of issues in models and software
Mentor junior team members

Skills

Machine Learning

Generative AI

Predictive Algorithms

Data Science

Python

Statistics

Optimization

Segmentation

Personalization

Target

Retailer offering diverse consumer goods

About Target

Target Corporation is a retail company that offers a wide range of products, including clothing, electronics, home goods, and groceries, through nearly 2,000 stores and an online platform. Its "Design For All" philosophy allows it to provide high-quality, affordable products that cater to diverse customer needs. Target differentiates itself from competitors with its owned brands and the Target Circle loyalty program, which enhances customer engagement. The company's goal is to support sustainability and community initiatives by giving back 5% of its profits to local communities.

Minneapolis, MinnesotaHeadquarters

2005Year Founded

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Sick Leave

Paid Holidays

Paid Vacation

401(k) Retirement Plan

Employee Discounts

Risks

Increased competition from online-only retailers like Amazon threatens Target's market share.

Rising labor costs due to new minimum wage laws could impact profit margins.

Supply chain vulnerabilities from geopolitical tensions may affect inventory and pricing strategies.

Differentiation

Target's 'Design For All' philosophy offers unique, high-quality products at affordable prices.

The Target Circle loyalty program enhances customer engagement and shopping experience.

Target's commitment to sustainability and community support sets it apart from competitors.

Upsides

Experiential retail and 'retailtainment' strategies can boost customer engagement and foot traffic.

Augmented reality integration offers immersive shopping experiences showcasing Target's unique designs.

Omnichannel retail strategies enhance customer experience by integrating online and offline shopping.

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