Cost Modelling - End to End Manager

We know life looks a little different for each of us. That’s why at Tesco, we always welcome chats about flexible working. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. Please talk to the Hiring Manager about how they can support you.

The Tesco Sourcing team is at the pioneering edge of Sourcing strategy, Cost Modelling, End to End efficiencies and Price Risk Management within the Retail sector.

This role will offer the chance to develop world class cost model management and exposure to industry leading end to end analysis.

This is also a fantastic opportunity to grow in a fast-paced environment, helping reshape the way we work through structured governance and develop our supplier partners!

• Delivering end to end benefit through our cost base programme reviewing supply chain from Raw Material, Inbound Logistics, Processing and Distribution.
• Supporting and stretching Tesco product partners to support unlocking stretching site financial business improvements, supporting return on investment programmes.
• Providing independent oversight on supplier cost base models, identifying impacts and P&L drivers.
• Being an active member across the Tesco group, supplying to and drawing from best practice standards to help drive coordinated group-wide performance improvement.
• Supporting our sourcing team and own brand supply strategy decisions as well as buying teams with industry expertise and intelligence on raw materials and industry/supplier cost structures, P&L.
• Preparing periodic briefings to categories and senior management.
• Participating in cross-functional deep dive projects to drive large scale efficiency across the business.
• Working with our supplier/partner to assess cost drivers, business models and review capacity models.
• Managing of projects holding stakeholders to account regarding critical paths.
• Continuous improvement of our approach and ability to collaborate cross-functions.
• Adhering to all Tesco policies, GSCoP and our Business Code of Conduct, always acting with integrity and due diligence.

• Strong stakeholder engagement experience.
• Strong financial competency, understanding and ability to interpret financial statements and reporting.
• Experience in a manufacturing environment, recognised as a world class or lean organisation.
• Experience of delivering results using Business Improvement techniques.
• Experience within leading teams through business process changes and site improvement plans.
• Skilled in analytical software plus competent user of Microsoft Office suite.
• Proven experience to be able to deliver training, coach others and facilitate group problem solving sessions.
• Program and project management experience. These may be trained or developed however the ideal candidate would have 5 years experience within Food (Short life).

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We’re all about the little helps. That’s why we give our wonderful colleagues bags of benefits. Including wellbeing services, an award-winning pension scheme and much, much more, our colleague reward package keeps on giving. And helps make every day a little better for you and your family. These include but are not limited to:

• Annual bonus scheme of up to 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Buy holiday salary sacrifice scheme (for salaried roles)
• Private medical insurance
• Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
• Life Assurance - 5 x contractual pay
• 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 4 weeks fully paid paternity leave
• The right to request flexible working from your first day with us
• Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
• A Colleague Clubcard for you & a family member (after 3 months of service), giving you access to lots of discounts in-store & online
• Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
• Access to our colleague networks providing a space for colleagues to come together from a range of backgrounds. For more information about our colleague networks please click here
• Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want

Click Here to read more about the full range of benefits we have available for our colleagues

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here.

We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you.  We work in a more blended pattern -combining office and remote working.  Our offices will continue to be where we connect, collaborate and innovate.