
Vinay Hegde
Upper Management / Consulting
About 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)
Experience
• 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.
Education
• 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.
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