Data Scientist - Store Inventory

Are you passionate about data and its role in driving business decisions? Do you have a knack for analyzing complex datasets and turning them into actionable insights? If so, we have an exciting opportunity for you at Lowe's as a Data Scientist for our Store Inventory team. As a Data Scientist, you will play a crucial role in optimizing our inventory management and forecasting processes, ensuring that our stores have the right products at the right time. We are looking for a highly analytical and strategic thinker who can collaborate with cross-functional teams to drive business growth. If you have a strong background in data science and a passion for retail, we would love to hear from you!

1. Conduct data analysis and provide actionable insights to drive business decisions for the Store Inventory team.
2. Develop and implement statistical models and forecasting techniques to optimize inventory management.
3. Collaborate with cross-functional teams, including merchandising, supply chain, and finance, to understand business needs and identify data-driven solutions.
4. Design and execute experiments to test hypotheses and improve processes related to inventory management.
5. Ensure the accuracy and integrity of data used for analysis and reporting.
6. Communicate findings and recommendations to stakeholders at all levels of the organization, including senior management.
7. Stay updated on industry trends and advancements in data science, and apply them to improve processes and drive business growth.
8. Continuously monitor and evaluate the performance of inventory management processes and make recommendations for improvement.
9. Lead and mentor junior data analysts and scientists, providing guidance and support to enhance their skills and knowledge.
10. Collaborate with IT and other relevant teams to develop and maintain data infrastructure and tools for data analysis.
11. Proactively identify opportunities for optimization and cost-saving in inventory management processes.
12. Participate in strategic planning and decision-making processes by providing data-driven insights and recommendations.
13. Ensure compliance with data privacy and security policies and regulations.
14. Act as a subject matter expert on data science and provide guidance and support to other teams within the organization.
15. Represent the Store Inventory team in cross-functional meetings and discussions, advocating for data-driven decision-making.

According to JobzMall, the average salary range for a Data Scientist - Store Inventory in Charlotte, NC, USA is $85,000 - $120,000 per year. This range can vary depending on factors such as experience, education, skills, and company size.

Lowe's Companies, Inc., doing business as Lowe's, is an American retail company specializing in home improvement.