Data Scientist - Bed Bath & Beyond

Union, NJ

Job Category: Data Science Industry: Retail Annual Salary: commensurate with experience

Position Scope:

Bed Bath & Beyond Inc. is looking for a Data Scientist with a strong passion for turning large data into actionable insights that drive improved business performance.  They must have strong critical thinking skills and a passion for empirical research and for answering hard questions with data.

In this highly dynamic and fast-paced environment, this individual will be responsible for manipulating and analyzing complex, high-volume, high-dimensionality data from varying sources.  They will be integral in transforming the way that data is integrated and leveraged to drive the business.  This position will have the opportunity to present findings and share insights with multiple business leaders throughout the organization including merchandising, marketing, supply chain, operations, finance etc.

The role is positioned within Bed Bath & Beyond Inc's Customer & Business Analytics department.  The Customer & Business Analytics department is a World Class Analytics group, responsible for providing actionable insights into various aspects of the business to drive value and support improvements within the business.   Analytic focus areas include Business Performance, Customer Intelligence, CRM & Optimization as well as Web Analytics.

 

Responsibilities:

  • Mine and translate data into meaningful insights and recommendations for the operational and strategic business units
  • Answer key business questions by using analytical & statistical techniques on data
  • Drive the collection of new data sources and the refinement of existing data sources
  • Analyze, interpret & communicate the results of experiments to the business units
  • Evaluate and modify statistical methodologies, techniques and processes
  • Work with cross-functional teams on the day-to-day execution of data & analytics projects and initiatives
  • Produce dynamic data driven analytic solutions to support the strategic goals of the company
  • Develop process improvements, analytical frameworks, share expertise with others, mentor and continually strive to improve overall contributions to the department

 

Experience & Personal Qualities:

  • A flexible analytic approach that allows for results at varying levels of precision
  • Strong background in statistical concepts including regression analysis, factoring, clustering, decision trees, A/B testing and experimental design
  • Experience with various data types (e.g. Relational, unstructured, Hierarchical, etc)
  • The ability to communicate complex quantitative analysis in a clear, precise and actionable manner  
  • Possess excellent verbal and written communication skills, attention to details, and the ability to multi-task  
  • Work independently with minimal supervision
  • Be detail-oriented and comfortable with a fast-paced, structured, retail environment 

 

Education/Certification:            

  • A minimum Master's degree in Statistics, Applied Mathematics, Operations Research, Computer Science, Engineering, Economics or a related field  

 

Required Knowledge:                

  • Expert knowledge of SAS and SQL
  • Expert knowledge of Advance Machine Learning (Deep learning) and Artificial Intelligence (AI) techniques and applications

 

Experience Required:               

  • 5 – 10 years professional experience in solving analytical problems using quantitative approaches

The Company

Founded in 1971, Bed Bath & Beyond Inc. and subsidiaries is a chain of retail stores operating under the names Bed Bath & Beyond in the United States and Canada, as well as, Christmas Tree Shops, Harmon, Harmon Face Values and buybuyBABY in the United States.  Through a joint venture, the Company also operates retail stores in Mexico under the name “Home & More”.  Through various store concepts and digital channels, the Company sells a wide assortment of better quality home furnishings as well as food, giftware, health & beauty care items and infant & toddler merchandise.  The Company's over 1,400 stores range in size from 20,000 to 50,000 square feet, with some stores exceeding 80,000 square feet.  The Company’s objective is to be the customer’s first choice for products and services in the categories offered, in the markets in which the Company operates.  The Company’s strategy is to achieve this objective through excellent customer service with extensive product selection at everyday low prices. Its product offerings represent the latest in home fashions, home solutions, as well as baby, health and beauty products.   Shares of Bed Bath & Beyond are traded on NASDAQ under the symbol “BBBY” and are included in the Standard and Poor's 500 and Global 1200 Indices and the NASDAQ-100 Index.  The Company is counted among the Fortune 500 and the Forbes 2000.


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