Sr Product Manager - Price Optimization

About us:

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is

important, and you'll build relationships by being authentic and respectful.

Team overview:

The Pricing & Promotions Center of Excellence (PPCOE) is a key pillar in the overall Merchandising pyramid at Target, that comes to work every day with the vision of making ‘Our guests easily feel confident they paid the best price every time they shop at Target’. The Product team at PPCOE is heavily focused on this vision by making it easy for our Team Members to do their jobs and create confidence that the price a Guest pays is the right price, executed flawlessly throughout the Guest Experience. This is further categorised into Pricing, Competitive Intelligence, Promotions and Clearance Product teams, each focusing on building products with strategic intent of enabling sustainable business capabilities that serve the needs of the enterprise.

Role overview:

The Sr. Product Manager - PPCOE Platform is responsible for defining, building & maintaining the platform product capability that will help manage the development, training, and deployment of various ML/AI models that drive Forecasting & Optimization across Pricing, Promotions, Competitive Intelligence and Clearance. The Platform PM ensures the necessary tools and resources are available for data scientists and developers. Familiarity with ML/ AI infrastructure components such as training platforms, GPUs/TPUs, model deployment tools, and data storage solutions are necessary. Experience of building optimization algorithms and their implementation at large scale in a Retail/ E-commerce/ Supply Chain environment (thousands of item across hundreds of Stores/ FCs) is a big plus.

Product teams at Target Corporation are accountable for the delivery of product outcomes.  Product outcomes are a combination of delivering business value features, and creating a technology system that is easily maintained and highly reliable. Product teams have one shared backlog that is inclusive of all product, technology and design work.

As a Sr. Product Manager, you will work in the product model and will collaborate with your product team and key stakeholders to develop a plan and business objectives (OKRs) for your respective product.  You will need to build a strong knowledge of your product through product discovery to collect customer feedback and work to collect other relevant data points that explain the value and help you prioritize the direction and desired outcomes for your product.

You will be the “voice of the product” with your product team and stakeholders to ensure that their needs are met and you will be responsible to maintain and refine the product backlog (create user stories & acceptance criteria) while prioritizing the backlog to focus on the highest impact work for your team and stakeholders.

You will encourage the open exchange of information and viewpoints, as well as inspire others to achieve challenging goals and high standards of performance while committing to the organization's direction.  You will foster sense of urgency to achieve goals and leverage resources to overcome unexpected obstacles. Your typical activities and routines would be on below lines:

Job duties may change at any time due to business needs.

About you:

• 4-year college degree and Master’s degree/MBA is a big plus.

• Overall 10 years of Strong Product Management with 5 to 6 years of prior experience in building Machine learning algorithms, solving at-scale optimisation problems and platform product management.

• Technical aptitude to help facilitate communication between business and technology teams.

• Strong communication & interpersonal skills to collaborate across global teams.

• Experience working in an agile environment (i.e. user stories, iterative development) with a clear ability to define right metrics of growth for your product area.

Useful Links:

• Life at Target: https://india.target.com/

• Benefits: https://india.target.com/life-at-target/workplace/benefits

• Culture: https://india.target.com/life-at-target/belonging