New

Economic Data Scientist

Zoro Tools
life insurance, paid time off, tuition reimbursement, 401(k)
United States, Illinois, Chicago
Oct 21, 2025
Work Location Type:Hybrid Req Number 324414 About Grainger: W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working by serving more than 4.5 million customers worldwide with products and solutions delivered through innovative technology and deep customer relationships. Known for its commitment to service and award-winning culture, the Company had 2024 revenue of $17.2 billion across its two business models. In the High-Touch Solutions segment, Grainger offers approximately 2 million maintenance, repair and operating (MRO) products and services, including technical support and inventory management. In the Endless Assortment segment,Zoro.comoffers customers access to more than 14 million products, andMonotaRO.comoffers more than 24 million products. For more information, visitwww.grainger.com. Compensation The anticipated base pay compensation range for this position is$85,300.00 to$142,200.00. This position is not eligible for any form of sponsorship now or in the future. Individuals requiring sponsorship (e.g. OPT or H1B visa status) should not apply. Only individuals authorized to work in the United States now and for the foreseeable future will be considered for this position Rewards and Benefits: With benefits starting on day one, our programs provide choice and flexibility to meet team members' individual needs, including: Medical, dental, vision, and life insurance plans with coverage starting on day one of employment and 6 free sessions each year with a licensed therapist to support your emotional wellbeing. 18 paid time off (PTO) days annually for full-time employees (accrual prorated based on employment start date) and 6 company holidays per year. 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no employee contribution required. Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools. Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents. For additional information and details regarding Grainger's benefits, please click on the link below: https://experience100.ehr.com/grainger/Home/Tools-Resources/Key-Resources/New-Hire The pay range provided above is not a guarantee of compensation. The range reflects the potential base pay for this role at the time of this posting based on the job grade for this position. Individual base pay compensation will depend, in part, on factors such as geographic work location and relevant experience and skills. The anticipated compensation range described above is subject to change and the compensation ultimately paid may be higher or lower than the range described above. Grainger reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion at any time, consistent with applicable law. Position Details The Data Scientist plays a pivotal role in advancing Grainger's strategic objectives by leveraging machine learning and statistical analysis to uncover insights that drive business value and fuel bottom-line growth. As part of the Finance organization, you will generate high-quality, data-driven insights that inform critical decisions and tell compelling stories behind the numbers. You'll challenge the status quo, embrace complex problems, think big, and pursue innovative solutions that support Grainger's mission to keep our customers' operations running and their people safe. The Economic Data Scientist will deliver economic and market intelligence to guide strategic decisions and improve business operations. This includes modeling marketplace dynamics, projecting trends, and quantifying market size using advanced analytical techniques. You Will Work closely with the business to understand the problem space, identify the opportunities, and translate business problems into technical solutions using machine learning frameworks. Conduct exploratory data analysis and apply deep business knowledge to customer and marketplace data to uncover new business insights. Manipulate high-volume, high-dimensionality data from multiple sources, visualize patterns, anomalies, relationships, and trends, and perform feature engineering and selection. Design and conduct experiments, collect the data necessary to perform statistical hypothesis testing, and create inferences and recommendations. Create scalable, efficient, automated processes to support large scale data analyses, model development, model validation and deployment. Apply techniques such as classification, clustering, dimension reduction, regression, NLP, deep learning, time series forecasting to build explanatory, predictive, prescriptive models appropriate for solving different business problems. Create and present the materials necessary to effectively communicate the results of analytical work and associated recommendations. Develop expertise on Grainger's business operations, go-to-market model, and the broader Maintenance, Repair, and Operations (MRO) market. You Have Bachelor's Degree in Data Science, Economics, Statistics, Mathematics, Computer Science, or other quantitative field. Required Masters Degree in Data Science, Statistics, Mathematics, Computer Science, or other quantitative field. Preferred 2+ years experience in Data science, economics or statistics-related work experience. Required Proficiency in databases such as Snowflake, Teradata, or Oracle and querying languages (e.g. SQL). Experienced with at least one data science programming languages (e.g., Python, R) and working with structured and unstructured datasets. Experience with machine learning techniques such as classification, clustering, dimension reduction, regression, NLP algorithms, and time series modeling. Experience with statistical design of experiments, outlier detection methods, and statistical hypothesis testing. Experience with data visualization techniques and tools. Experience translating work into presentations (e.g. PowerPoint) suitable for non-technical audience. Demonstrated ability to collaborate with business partners and colleagues. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex (including pregnancy), national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, protected veteran status or any other protected characteristic under federal, state, or local law. We are proud to be an equal opportunity workplace. We are committed to fostering an inclusive, accessible work environment that includes both providing reasonable accommodations to individuals with disabilities during the application and hiring process as well as throughout the course of one's employment, should you need a reasonable accommodation during the application and selection process, including, but not limited to use of our website, any part of the application, interview or hiring process, please advise us so that we can provide appropriate assistance.