- Optimization by evaluating First Cost and other landing cost
- analyze impact of tariff and commodity prices on product cost
- insights and recommendations to business for driving better negotiations with vendors
- Intelligence to the negotiation team
- on knowledge on product clustering and segmentation to evaluate similar items along with Parent SKU
- on knowledge on various forecasting techniques e.g. Time Series, Regression etc.
- with changes in reports and other modifications including conducting ad hoc analysis and reports building as per business needs
- on time and accurate delivery of all cost related requests
- a go-to point for all data and insights needs for the business.
- to present insights rather than providing numbers to business.
- independently and effectively with stakeholders on scope of project, presenting results, reconciliation of data etc.
- Pursues self-development and effective relationships with team members and partners
- Graduate or Post-graduate (MBA Finance Or degree in quantitative fields like Finance, Economics, Mathematics, Statistics)
- 7-9 years of experience with 4-5 years with a Retail business
- Understanding of retail business particularly in area of Product Sourcing, Cost and Pricing
- Experience of working on vendor cost management, price negotiation insights will be preferred
- Strong data collection, collation and cleansing skills using tools like SQL, SAS or other tools like R, Python
- Strong knowledge of advanced MS Excel & VBA
- Strong knowledge on Statistical Techniques like Clustering, K-Means, Market Basket, Forecasting, Regression
- Knowledge of any one of the data visualization tools like MicroStrategy, Power BI
- Strong independent ownership and drive to make sure projects/deliverables are pushed through
- Strong communication skills – being able to manage upward, peers and offshore teams. Being able to translate business requirements to actionable deliverables
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Lead Analyst - Bengaluru, India - Lowe's India
Description
The Lead Analyst will be required to partner with US counterparts to develop and drive analysis in the areas of Cost & FCO. Candidate should have knowledge and hands on experience to play the following role:
Qualifications & Qualities: