Lead-Cost Insights

About the role
Refer to Responsibilities

You will be responsible for

Job Summary:

In this role you will play a key role in identifying and unlocking cost saving opportunities, mitigating risk and maximising opportunity in a 

volatile market, along with participating in cross-functional projects related to cost analysis. You will be an essential line of 

communication between our Commodities and Cost Modelling teams and our Commercial Buying teams.  

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the :accuracy and continuous improvement of our Cost Insight tools, working with Enterprise Analytics and 

Technology when required. You will have the opportunity to leverage colleagues' and suppliers' capability to buy better, upskilling teams 

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always acting with integrity and due diligence and have these specific risk responsibilities: 

1. End to end cost analytics and modelling to inform best commercial practices enable negotiation strategy  

2. Engaging with internal buying teams across divisions, developing capability in process management  

3. Understanding market trends and geopolitical situations which drive inflation/deflation  

4. Reporting on project status and progress for your manager 

5. To be a subject matter expert (SME) for the categories assigned to you and support with analysis on market conditions and how it 

influences our cost base 

6. Understanding the various tools and data which are created in partnership with the Enterprise Analytics team and leverage the same 

for supporting our buyers with insights 

7. Driving CI culture, implementing CI projects and innovation for within the team 

8. Following our Business Code of Conduct and always acting with integrity and due diligence 

9. First line team supervisory responsibility on process coaching, on the job training, coordinating and communicating 

10. Adhering to all Tesco policies, storage and handover protocols and successfully completing all my training to ensure/so that I have--- 

zero GSCOP breaches 

11. Ensuring all agreements are recorded in writing, reporting GSCOP complaints to Legal within 48 hours of receipt, and leading a 

culture of compliance within the team 

12. Identifying opportunities to automate, develop and deploy efficient solutions 

Key people and teams I work with in and outside of Tesco: 

People, budgets and other resources I am accountable for

in my job:

•Finance Team 

Process SOP's 

•Commercial Teams and Product Transformation team 

Reporting KPI's 

•Suppliers 

•Enterprice analytics & reporting 

Operational skills relevant for this job:

Experience relevant for this job:

1. Advanced excel skills 

- Preferred experience in retail or grocery procurement 

2. Highly numerate and logical 

- Relevant functional experience preferred 

3. Stakeholder management 

- Exposure to SQL 

4. Ability to work independently 

- Exposure to Tableau 

5. SQL and Tableau - Added  

6. Exposure to commodity market and/or procurement would be 

an advantage 

You will need
Refer to Responsibilities

Whats in it for you?
At Tesco, we are committed to providing the best for you. 

As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day. 

Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.  

Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable. 

Salary
- Your fixed pay is the guaranteed pay as per your contract of employment. 

Performance Bonus
- Opportunity to earn additional compensation bonus based on performance, paid annually 

Leave & Time-off
- Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company's policy. 

Making Retirement Tension-FreeSalary
- In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF. 

Health is Wealth
- Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws. 

Mental Wellbeing
- We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.  

Financial Wellbeing
- Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.  

Save As You Earn (SAYE)
- Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.  

Physical Wellbeing
- Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle. 

About Us

Tesco in Bengaluru is a multi-disciplinary team serving our customers, communities, and planet a little better every day across markets. Our goal is to create a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility through technological solutions, and empowering our colleagues to do even more for our customers. With cross-functional expertise, a wide network of teams, and strong governance, we reduce complexity, thereby offering high-quality services for our customers. 

Tesco in Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 3,30,000 colleagues. 

Tesco Business Solutions:

Established in 2017, Tesco Business Solutions (TBS) has evolved from a single entity traditional shared services in Bengaluru, India (from 2004) to a global, purpose-driven solutions-focused organisation. TBS is committed to driving scale at speed and delivering value to the Tesco Group through the power of decision science. With over 4,400 highly skilled colleagues globally, TBS supports markets and business units across four locations in the UK, India, Hungary, and the Republic of Ireland. The organisation underpins everything that the Tesco Group does, bringing innovation, a solutions mindset, and agility to its operations and support functions, building winning partnerships across the business. TBS's focus is on adding value and creating impactful outcomes that shape the future of the business. TBS creates a sustainable competitive advantage for the Tesco Group by becoming the partner of choice for talent, transformation, and value creation