Lead - Procurement Market Intelligence & Risk

Company Description

Tesco Bengaluru

We are a multi-disciplinary team creating a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility, providing cutting-edge technological solutions and empowering our colleagues to do ever more for our customers. With cross-functional expertise in Global Business Services and Retail Technology & Engineering, a wide network of teams and strong governance we reduce complexity thereby offering high quality services for our customers. Tesco Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 4,40,000 colleagues.

At Tesco Business Solutions, we have a mission to simplify, scale & partner to serve our customers, colleagues and suppliers through a best-in-class intelligent Business Services model. We do this by building a world class business services model by executing services model framework right at the heart of everything we do for our worldwide customers. The key objective is to implement and execute service model across all our functions and markets consistently. The ethos of business services is to, free-up our colleagues from a regular manual operational work. We use cognitive technology to augment our key decision making. We also built a Continuous Improvement (CI) culture across functions to drive bottom-up business efficiencies by optimising processes. Business services colleagues need to act as a business partner with our group stakeholders to build a collaborative partnership driving continuous improvement across markets and functions to lead the best customer experience by serving our shoppers a little better every day.

At Tesco, inclusion means that Everyone's Welcome. Everyone is treated fairly and with respect; by valuing individuality and uniqueness we create a sense of belonging.

Diversity and inclusion have always been at the heart of Tesco. It is embedded in our values: we treat people how they want to be treated. We always want our colleagues to feel they can be themselves at work and we are committed to helping them be at their best.

Across the Tesco group we are building an inclusive workplace, a place to actively celebrate the cultures, personalities and preferences of our colleagues, who in turn help to build the success of our business and reflect the diversity of the communities we serve.

Job Description

Following our Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
• Monitor supplier and supply chain risk status for supply base through third party tools/ own research and develop BCP in conjunction with Procurement Managers
• Help in developing and driving a risk review process (Supply Chain Risk, Supplier Risk & Due Diligence)
• Assist Audit and Risk Manager in developing and maintaining the Risk framework for the Global Procurement function including process controls
• Conduct comprehensive market intelligence (MI) on assigned spend categories on a variety of topics such as Market sizing, Industry analysis, competitive analysis and cost modelling using sources such as company websites, industry reports, market studies, databases, and other relevant sources
• Responsible for conducting benchmarking studies on the prices, suppliers, geographies, etc.
• Identify the best-in-class practices embraced in various categories and conduct a gap analysis and provide solutions to minimize the gaps, conduct financial and supply chain risk assessment, provide practical insights on savings opportunities
• Primary interaction with suppliers as and when necessary, be the SME and point of contact for the vertical and ensure knowledge is up to date on new processes and ways of working
• Implementing CI projects and innovation within the team

Qualifications

- Procurement Market research, analytics, Supply chain risk management and management consulting preferred
- Procurement process knowledge is a must
- Eye-to-Detail
- Advanced Analytical ability
- Speed and Accuracy
- Problem solving
- Fluent verbal & written communication
- Stakeholder Management
- Knowledge of various databases such as Bloomberg and D&B
- Advance excel and Power point/ dashboards, financial analysis, creating business cases
- Procurement tools (e. Ariba, GEP, Oracle, SAP etc) is an added advantage

Additional Information

Hiring Manager: Kishore Rajasekaran
Application Last Date: 09-February-2025

Important Notice: 

On behalf of Tesco Bengaluru, we must caution all job seekers and educational institutions that Tesco Bengaluru does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Tesco. Further, Tesco Bengaluru does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events. 

Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Tesco Bengaluru shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution. 

In the event that you come across any fraudulent activities in the name of Tesco Bengaluru, please feel free report the incident at [email protected]