CVS Health is hiring a Data Scientist - Retail Demand Sensing to develop, enhance, and operationalize machine learning forecasting solutions that improve demand visibility and inventory decisions. The role partners with Inventory Planning, Supply Chain, and Technology teams to improve forecast accuracy, on-shelf availability, and replenishment decision-making.
Develop and maintain machine learning models that forecast product demand at multiple levels of aggregation (SKU, store, category, and distribution center)
Enhance demand sensing capabilities using internal and external signals, including promotions, pricing, weather, seasonal events, demographics, competitor activity, and market trends
Evaluate forecasting performance using appropriate accuracy metrics and continuously improve model effectiveness
Conduct root-cause analysis of forecast misses and recommend corrective actions
Qualification
Required
1+ years of experience in data science, machine learning, forecasting, or advanced analytics
Experience developing predictive or forecasting models in a business environment
Experience working with large-scale structured datasets
Data visualization tools such as Power BI, Tableau, or similar platforms
Cloud-based analytics environments and version control practices
Bachelor's degree in Data Science, Statistics, Mathematics, Computer Science, Operations Research, Economics, Engineering, or related field
Preferred
Retail, supply chain, inventory planning, replenishment, or merchandising analytics
Demand forecasting and demand sensing applications
Experience leveraging external demand drivers such as weather, events, seasonality, and pricing signals
Master's degree preferred
Benefits
CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Remote work
CVS Health is a health solutions company that provides an integrated healthcare services to its members.