Cost Insight Manager

Tesco; Welwyn Garden City; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading retail and technology company in Welwyn Garden City is seeking a Cost Insight Manager to oversee cost insight programs and support sourcing strategies. The role requires expertise in cost modelling, supplier management, and stakeholder collaboration. Candidates should possess strong knowledge of the agricultural sector and demonstrate excellent negotiation skills. The position offers a flexible working arrangement and various employee benefits.

Benefits

Annual bonus scheme of up to 20% of base salary

Holiday starting at 25 days plus personal day

Private medical insurance

6 weeks fully paid paternity leave

Qualifications

• Experience in cost modelling and procurement.
• Strong negotiation skills.
• Ability to engage cross-functionally.

Responsibilities

• Lead Cost Insight team and drive cost modelling initiatives.
• Develop processes and reports to assess cost risks.
• Support strategic sourcing decisions.
• Engage with finance and other teams for optimization.
• Conduct end-to-end cost analysis.

Skills

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

Job description

Tesco UK • Shire Park, Welwyn Garden City, Hertfordshire • Permanent • Apply by 16-Nov-2025

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.

What is in it for you

We're all about the little helps. That's why we make sure our Tesco colleague benefits package takes care of you - both in and out of work. Click Here to find out more!

• Annual bonus scheme of up to 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• 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 6 weeks fully paid paternity leave
• 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

You will be responsible for

• 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.

You will need

• 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.

About us

You might know us as a supermarket, technology company or even for our award‑winning mobile network. Truth is, we're all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.

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.

We're proud to be an accredited Disability Confident Leader, where everyone's welcome. That's why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, click here for more information. And if you're interested in joining our team but don't tick every box, don't let that hold you back from applying.