Product Manager - Cost Domain

What’s 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

About the role

At Tesco, our mission is to drive commercial success by delivering cutting-edge technology solutions that support our business strategy. We are transforming the way we work by prioritizing data and AI capabilities, enabling Tesco to differentiate itself, drive operational efficiency, and create long-term value.

As part of the Tesco Group, we develop reusable capabilities that scale across multiple regions, maximizing impact. By joining our team of Product, Programme, and Change Managers, you’ll play a pivotal role in Tesco’s purpose—serving our customers, communities, and the planet a little better every day.

About the Role

The Cost Domain is a fundamental pillar of Tesco’s commercial operations, managing cost agreements between Tesco and its supplier partners. myProduct: Cost is at the heart of this transformation—an intelligent collaboration hub that empowers colleagues and partners to create, manage, and analyze cost agreements seamlessly.

With built-in insights and predictive analytics, the platform supports smarter buyer negotiations, enabling Tesco to navigate fluctuating market conditions effectively driving cost optimizations that benefit Tesco, our suppliers, and ultimately, our customers.

This is an exciting time to join our team as we shape the strategy and bring our ambitious vision to life. Reporting to the Lead Product Manager, you will collaborate closely with product managers, designers (including researchers), engineers, business teams, program teams, and third-party partners to develop new and existing features for myProduct: Cost across the UK, ROI, and Central Europe. You will drive product development, ensuring a seamless and impactful user experience.

We’re looking for a self-starter with a passion for solving complex problems, embracing technology, and driving change.

You will be responsible for

• Define & Drive Product Vision & Strategy
  • Contribute to the product vision and develop a long-term strategic roadmap, aligning it with business goals and stakeholder expectations.
  • Manage dependencies across multiple teams to ensure seamless execution.
• Deliver Measurable Business Impact
  • Own the product’s Outcomes & Key Results (OKRs), measuring impact relentlessly and communicating value to stakeholders.
  • Ensure the product delivers tangible improvements in cost management and negotiation insights.
• Understand User Needs & Market Dynamics
  • Identify key user personas, stakeholders, and their pain points.
  • Work closely with research, design, analytics, and engineering teams to develop solutions that address real business challenges.
• Drive Experimentation & Data-Driven Decisions
  • Lead hypothesis-driven experiments, test minimum viable products (MVPs), and make data-backed product decisions.
  • Collaborate with UX and engineering teams to prototype and validate new features before scaling.
• Effective Execution & Agile Delivery
  • Translate business needs into actionable user stories with clear acceptance criteria.
  • Break down complex work into smaller, high-impact deliverables for faster value realization.
  • Work closely with engineering teams to plan and prioritize development sprints.
  • Proactively manage live product issues and ensure smooth resolution.
• Stakeholder Communication & Cross-Team Collaboration
  • Present product insights, capabilities, and outcomes to other Tesco Product teams and broader business stakeholders.
  • Build strong relationships with key partners across business and technology functions.
• Mentorship & Leadership
  • Support and coach junior product managers and peers, fostering a collaborative and high-performing product team.

You will need

• Proven experience in product management with a strong understanding of best practices and methodologies.
• Strong technical acumen—ability to understand legacy, tactical, and strategic technology solutions and collaborate effectively with engineering teams.
• Experience owning a product roadmap and executing product backlogs to achieve measurable OKRs.
• Strong stakeholder management skills, with the ability to build consensus, drive change, and influence decision-making across teams.

Nice to Have:

• Experience with hypothesis-driven experimentation and using data to validate product improvements.
• Knowledge of user experience (UX)-led product development and working with design teams.
• Prior experience in retail technology and understanding of commercial

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​#LI-Hybrid

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.