Punit Limbachia
Commodity Manager @Tesco
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WORK HISTORY
Commodity Manager @Tesco
GB
Managing key non-agro material exposure (P&L, cover positions) and executing pricing strategy collaboration with SuppliersDeveloping price risk management hedging strategies and market view based on market research, managing cover positions as well as P&L reportingProvide Market Intelligence across categoryWorking with buying team, forecasting and managing budgets effectively, to deliver commodity-led savings, as well as sales and margin targets.Developing and maintaining relationships with key internal and external stakeholders (traders, commodity house, suppliers, banks.)Identifying best commodity risk management practice in the industry and suppliers.Building cost models linking retail procurement to commodity markets, and agreeing transparent ways of working with supplier partners.Working with commercial, responsible sourcing and agricultural teams to support Tesco Sustainable Farming Groups (TSFGs) and environmental initiatives.
EDUCATION
Queen Mary University of London
BA (Hons), Human Geography
UCL
Msc, Spatial Planning
SKILLS
ABOUT PUNIT LIMBACHIA
A dynamic and results-driven Procurement professional with experience in strategic sourcing, supplier relationship management, and cost optimisation. Adept at leading cross-functional teams to achieve organisational objectives and deliver significant cost savings. Skilled in negotiating contracts, managing vendor relationships, and implementing procurement best practices. Proven track record of driving process improvements and enhancing operational efficiency.
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