Cost Insight Manager

Tesco UK; Digswell; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading supermarket chain in the United Kingdom is seeking a Cost Insight Manager to manage and lead the Cost Insight program. The role involves driving cost modeling initiatives, developing processes to assess cost risks, and providing strategic insights to support sourcing strategies. Candidates should have strong knowledge of commodity markets and experience in procurement, alongside excellent stakeholder management skills. Flexibility in work location is also provided.

Qualifications

• Experience in managing cost insight programs.
• Ability to drive cost modeling initiatives across categories.
• Proficiency in developing tools for cost risk assessment.

Responsibilities

• Lead Cost Insight team and drive cost modelling initiatives.
• Develop processes to assess cost risks in commodities and FX.
• Support strategic decisions with intelligence for sourcing strategies.

Skills

Commodity market knowledge

Consulting

Buying and procurement

Cost modelling understanding

Negotiation

Supplier management

Stakeholder management

Data Analysis

Job description

We are on the lookout for a Cost Insight Manager. This person will be managing and leading the Cost Insight programme in Food and across Group to support the buying team in identifying and modelling cost risk and opportunities.

• Lead Cost Insight team and Programme: Drive cost modelling initiatives across categories and group functions.
• Develop Processes & Reports: Create tools and frameworks to assess cost risks (commodities, FX, processing costs).
• Support Strategic Decisions: Provide intelligence to inform sourcing and own-brand supply strategies.
• Engage Cross-Functionally: Collaborate with Finance, Legal, Technology, and Transformation teams to optimize systems and governance.
• E2E Cost analysis (Commodity, FX, Energy, Packaging..): Understand supplier exposure across categories and geographies.
• Briefings & Communication: Prepare regular updates for senior management and category teams.
• Project Participation: Contribute to sourcing transformation projects and efficiency initiatives.
• Support on Category and Commodity model transformation projects.
• Adhering to all Tesco policies, storage and handover protocols and successfully completing all my training so that I have zero GSCOP breaches.
• Following our Business Code of Conduct and always acting with integrity and due diligence.

• Commodity market knowledge.
• Consulting.
• Buying and procurement within agricultural sector.
• Understanding of country and global supply chain products.
• Cost modelling understanding.
• Negotiation.
• Supplier management.
• Stakeholder management.
• Data Analysis.

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At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.

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