We know life looks a little different for each of us. That’s why at Tesco, we always welcome chats about flexible working. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. Please talk to the Hiring Manager about how they can support you. We are seeking an experienced and strategic Ingredients Buying Manager to join our dynamic ingredients team. This role is pivotal in delivering commodity risk management, joint buying, market insights, and strategic cost projects across various categories and the broader business. The successful candidate will manage multiple cost models, negotiate with suppliers, and work closely with cross-functional teams to optimise costs and drive value. Leading the Prepared Cost Models: Oversee and manage 16 cost models across 5 suppliers, accounting for £1.2 billion in Cost of Goods (COGs). Ability to scope, develop and implement our strategy for Ingredients across the total business, identifying new ingredients opportunities for joint sourcing. Analyse cost models to identify savings opportunities. Implement better buying strategies such as joint and group buys. Collaborate with commodity risk managers to enhance purchasing strategies and cost savings. Forecasting and managing budgets effectively, delivering to profit targets. Quarterly re-anchor cost models to ensure minimal impact on Profit and Loss statements. Perform monthly forecasting on live rebates. Provide annual projections on inflation and deflation to inform financial planning. Working with suppliers and categories to build strong Buy/Move plans that ensures our products are manufactured, moved & sold in the most efficient way possible. Present findings and insights to category teams in an accessible and comprehensible manner. Communicate effectively with key stakeholders to ensure accurate cost model management in their forecasts. Adhering to all Tesco policies, storage and hand-over protocols and successfully completing all the 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 the team. Following our Business Code of Conduct and always acting with integrity and due diligence. Commercial Buying experience and Strategic Cost Management experience. Supplier Negotiation and Relationship Management. Financial Forecasting and Analysis experience. Previous experience with P&L Management. Stakeholder Management experience. Analytical Thinking and Problem-Solving and Data analysis experience. LI - EF1 LI - Hybrid