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Cost Modelling Specialist
2 months ago
We're looking for a talented Cost Modelling Specialist to join our pioneering Tesco Sourcing team. As a key member of our team, you'll play a crucial role in developing world-class cost model management and end-to-end analysis. This is a fantastic opportunity to grow in a fast-paced environment, helping shape the way we work through structured governance and develop our supplier partners.
Key Responsibilities
- Deliver end-to-end benefits through our cost base programme, reviewing the supply chain from raw materials to distribution.
- Support and stretch Tesco product partners to unlock site financial business improvements and support return on investment programmes.
- Provide independent oversight on supplier cost base models, identifying impacts and P&L drivers.
- Be an active member across the Tesco group, supplying to and drawing from best practice standards to drive coordinated group-wide performance improvement.
- Support 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.
- Prepare periodic briefings to categories and senior management.
- Participate in cross-functional deep dive projects to drive large-scale efficiency across the business.
- Work with our supplier/partner to assess cost drivers, business models, and review capacity models.
- Manage projects, holding stakeholders to account regarding critical paths.
- Continuously improve our approach and ability to collaborate cross-functions.
- Adhere to all Tesco policies, GSCoP, and our Business Code of Conduct, always acting with integrity and due diligence.
What You'll Need
- 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 leading teams through business process changes and site improvement plans.
- Skilled in analytical software and competent user of Microsoft Office suite.
- Proven experience to deliver training, coach others, and facilitate group problem-solving sessions.
- Program and project management experience.
What's in it for You
We're committed to creating a workplace where everyone feels valued and supported. As a Tesco colleague, you'll enjoy a range of benefits, including an annual bonus scheme, holiday entitlement, and access to our award-winning pension scheme. You'll also have the opportunity to develop your skills and career through our ongoing learning opportunities and training programmes.
