Vinay Hegde

• A proactive & result-oriented Operations & Engineering Professional with six years of comprehensive experience in planning and procurement (strategic and tactile), currently associated with Livspace.
• Subject matter expert in handling indirect procurement, including Capital

Expenditures (CAPEX) and Revenue Expenses (REVEX)

• A proactive & result-oriented Operations & Engineering Professional with six years of comprehensive experience in planning and procurement (strategic and tactile), currently associated with Livspace.
• Subject matter expert in handling indirect procurement, including Capital

Expenditures (CAPEX) and Revenue Expenses (REVEX)

• Well established subject matter expert on most of the indirect procurement categories.
• Specialist in sourcing and implementing new product categories, enabling change management projects focused on overarching strategic goals, bottom-

line results, and internal customer satisfaction.

• Highly skilled at managing patrons, with an ability to nurture mutually rewarding working relationships amongst internal and external stakeholders.
• Adept at negotiating long term contracts on stakeholders' behalf, ensuring the most favourable terms and highest value for money/ ROI.
• Quick to recognise and capitalise on team dynamics, seeks out internal and external opportunities to work in a team environment, identifies critical relationship-building opportunities
• Capable of utilising available sourcing tools and technologies to analyse data,

derive valuable insights, forecast & budget, enable data-driven decisions in contract & supplier management and strategic sourcing activities.

• Spend owner of IT & Technology and Travel Portfolio.
• Vendor Management - Sourcing, continuous review with stakeholders, driving improvement programs if necessary.
• Key matrix include day to day negotiations, contract management and keeping a track of contract renewals.
• Building strategies to choose best suiting technology solutions to cater organisation needs by consolidating the similar tools used across the organization and drive savings and efficiency.
• Building strong relationships with suppliers to optimise performance and guarantee contract deliverables.
• Evaluating supplier quotations and conducted comparisons to leverage and deliver on budgets.
• Undertook due diligence of suppliers to implement ethics policy and protect organisational brand.
• Periodic analysis of spend pattern and optimise the cash outflow in sync with the quarterly budgets planned.
• Implemented self-booking tool for business travel to optimise time and budget by introducing budgets in self-booking tool.
• Performing cost benefit analysis for all high value spends and ascertain the target prices for commodities to achieve optimum buying prices. Recommend suitable vendors to management for a strategic partnership.
• Worked directly with OEM such as HP, Lenovo, Dell, Cisco, Autodesk, Trimble and Chaos.
• Proven record of savings of 7.47% in previous FY against budgeted numbers (63 Cr)

Software exposure: TYA Suite, Canvas (Livspace’s internal system for records), MS Office, Google workspace.