Product Manager - Cost Domain

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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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 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 a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco.

We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you.

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

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 visit https://www.tesco-careers.com/accessibility