Cost Insight Analyst

What’s in it for you

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:

• Colleague bonus scheme
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Buy holiday salary sacrifice scheme (for salaried roles)
• 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

About the role

As a Cost Insight Analyst, you will play a key role in identifying and unlocking cost savings, 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 team, and our Commercial Buying teams, providing transparency and generating insight. You will have the opportunity to present to various teams, upskilling on our systems and processes, as well as feeding back on our progress. You will have the freedom to explore areas of commodities or buying which interest you, adding to the wide and varied skill set of our team, and the passion with which we carry out our roles.

You will aid in leveraging colleagues' and suppliers' capability to buy better, mitigating risk, and maximising opportunity in a volatile economic environment. This role is a varied and fast paced one, which serves as a great introduction to supplier economics and deepening your knowledge of buyer-supplier relations. The results of your work will be apparent from day one, supporting Tesco’s goal of serving our customers, communities, and planet a little better every day.

Our team operate two to three days from our office in Welwyn Garden City, and the remainder from home.

You will be responsible for

• Data Management – data gathering, validation and visualisation
• End to end cost analytics and modelling to inform best commercial practices and negotiation strategy 
• Engaging with internal buying teams across divisions, developing capability in process management 
• Reporting preparation on project status and progress for your manager 
• Participating in cross-functional projects to drive efficiency across the business, and accuracy in our financial forecasting 
• Collaborating with our Technology teams to constantly improve our processes and insight delivery 
• Supporting your manager in presenting insights and opportunities to Senior Stakeholders on a regular basis 
• Adhering to all Tesco policies, storage and handover protocols and successfully completing all of your training so that you have zero GSCOP breaches 
• Ensuring all agreements are recorded in writing, reporting GSCOP complaints to Legal within 48 hours of receipt, and leading a culture of compliance within your team 
• Following our Business Code of Conduct and always acting with integrity and due diligence 

You will need

• Strong excel and analytical skills 
• Logical and creative problem solving, passion for innovation in a growing area 
• Good communication, networking and influencing skills 
• Ability to present competently to internal and external stakeholders 
• Exposure to a commodity market and / or procurement would be an advantage 
• Experience using Microsoft Office applications 
• A passion and curiosity for fast moving food retail or experience of working in an FMCG organisation 

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About us

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.  If you are applying internally, please speak to the Hiring Manager about how this can work for you - Everyone is welcome at Tesco.