As a Data Scientist/Senior Data Scientist – Price Optimization, Demand Modelling & Forecasting, you will play a critical role in developing and deploying advanced machine learning models for price optimization, cannibalization impact analysis, and demand forecasting. In addition to your technical expertise, you'll be a key point of contact for client management—leading client-facing projects and delivering actionable insights to address complex business problems. You will collaborate closely with cross-functional teams, translating business requirements into scalable data solutions while ensuring alignment with client objectives. You’ll also mentor and guide junior data scientists, fostering a collaborative and innovative environment to ensure continuous learning and growth.
Role and Responsibilities:
Model Development:
-
Design, implement, and scale machine learning solutions for price elasticity, price and promotion optimization, cannibalization effects, and demand modelling/forecasting across FMCG and Retail sectors.
-
Develop and validate models that quantify cross-product impacts and substitution effects to optimize overall category performance.
Hands-On Data Science:
-
Lead end-to-end model development using PySpark, Databricks, and other distributed computing environments for efficient large-scale data processing and model training.
-
Write modular, scalable code for model development using libraries such as pulp, cvxpy, Temporal Fusion Transformers, XGBoost, and time series modelling libraries.
Collaborative Problem Solving:
-
Work closely with cross-functional teams to identify business challenges, define data-driven solutions, and implement dynamic pricing, cannibalization, and forecasting tools.
Client Management:
-
Serve as the primary data science lead for client interactions—managing expectations, providing technical expertise, and presenting actionable, data-driven insights.
-
Ensure timely project delivery, alignment with business goals, and sustained client satisfaction.
Innovation:
-
Continuously explore and test innovative approaches in price elasticity modelling, cross-product cannibalization analysis, and demand forecasting.
-
Drive innovation to improve existing pricing and forecasting frameworks for better commercial outcomes in the FMCG/Retail sector.
Mentorship:
-
Provide guidance and mentorship to junior data scientists, encouraging best practices in model design, coding, and documentation.
Skills and Experience:
Essential:
-
Master’s or Ph.D. in Computer Science, Data Science, Statistics, Operations Research, or related field.
-
3–10 years of experience in data science with a focus on price optimization, demand forecasting, and cannibalization modelling, preferably in FMCG or Retail.
-
Strong experience in PySpark for large-scale data processing and model deployment.
-
Proven ability to develop and implement demand and price elasticity models, interpret cross-product interactions, and deliver business impact.
-
Strong problem-solving skills and ability to translate quantitative findings into strategic recommendations.
-
Excellent communication skills with the ability to explain complex models to non-technical stakeholders.
-
Demonstrated experience managing client relationships and delivering results in cross-functional, fast-paced environments.
Ideal:
-
Experience with cloud platforms (AWS, GCP, Azure) for scalable model development and deployment.
-
Familiarity with MLOps and automated deployment pipelines for pricing and forecasting models.
-
Published work or contributions in areas such as pricing optimization, demand modelling, or retail analytics in reputed journals or conferences.