Sr Analyst, Market Insights

Location

Bangalore | India

Job description

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

About Lowe's India: At Lowe's India, we are the enablers who help create an engaging customer experience for our $97 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market. To know more about Lowe's India, visit Lowes.co.in.

About the Team

The Market Insights team uses data and analytics capabilities to provide strategic insights around Macro economic trends and intelligence on other broad market indicators and their impact on business. The team works on creating key packages, ad hoc questions, and long term complex predictive models to keep Lowe's Executive Leadership team updated on major business risks and opportunities from an external environment perspective.

Job Summary:

The principal purpose of the Sr Analyst, Market Insights is to provide insights and analysis around the overall external business landscape, evolving macro-economic situation and help get visibility to the impact different external events may have on the overall Home Improvement and specifically Lowe's Business.

• Work on all aspects of forecasting models—including clearly defining research objectives and intended actions, using appropriate data sets (live indicators like Stock market, dollar fed rate etc. and other indicators like Housing, consumer Credit, Employment, Income etc.), vendor selection, analysis, report distribution, etc.—all within a cost-efficient manner.
• Work with our Mooresville team to design and implement market sizing/opportunity analyses and model and forecast them at relevant levels: Total industry, retail channel, customer type, product category, geography, and other relevant opportunities.
• Synthesizes disparate sources of data—primary and secondary to develop cohesive stories, trends and insights that will drive strategic decision making across the enterprise.
• Interpret and forecast price and sales for different categories that are important for Lowe's business on short term and long-term basis across divisions and metropolitan statistical areas.
• Leverage existing information and internal data to understand and predict key external trends impacting the home improvement business.
• Identify key insights as a result of data analysis and recommend actions when appropriate
• Present insights and analysis results to the management and cross functional team
• Network across various business units to better understand key areas of focus/problem areas and develop pro-active deliverables that will drive action at various levels of the organization.
• Continue positioning the macroeconomics research team as the leading organizational provider of market intelligence and trends.
• Work with analytics team to interpret research data in a meaningful way and create actionable recommendations for the business.
• Stay connected to current on industry trends, emerging technologies, new methodologies, and provide guidance to team members

Roles & Responsibilities:

Core Responsibilities:

• Work with our US (Mooresville) team to assist them in defining various reporting / analysis needs and building appropriate methodology.
• Identifying the appropriate univariate and multivariate analysis to identify key trends and drivers behind them.
• Synthesizes disparate sources of data—primary and secondary to develop cohesive stories, trends and insights that will drive strategic decision making across the enterprise.
• Work with the data operation team to develop an infrastructure and manage the research data for any analytics project / ad hoc requests.
• Present insights and analysis results to the management and cross functional teams

Years of Experience:

• Min 4-7 Years' Hands on experience in Market research and Analytics

Education Qualification & Certifications (optional)

Required Minimum Qualifications :

• Master's degree in economics / Statistics

Skill Set Required

Primary Skills (must have)

• Hands on experience in SQL, Python, Advanced Excel, Statistical knowledge
• Hands-on Analytics Experience of building Statistical / Mathematical models and multivariate analysis like Segmentation, Logistic Regression, Bayesian Networks, Factor analysis, Conjoint analysis, etc.
• Ability to apply Analytical tools and techniques to extract insights from Structured and Unstructured data.
• Consulting Skills - Ability to impact business decisions through analytics and research.
• Hands on experience in creating Executive level audience ready presentations to tell impactful stories.
• Excellent communication skill to connect with people from diverse background and experience

Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under state or local law. Lowe's wishes to maintain appropriate standards and integrity in meeting the requirements of the Information Technology Act's privacy provisions.

Job tags

Salary