Key Responsibilities
● Develop and execute sourcing strategies for CAPEX and OPEX categories.
● Lead end-to-end procurement activities including vendor identification, RFQ/RFP management, techno-commercial evaluations, negotiations, and contract finalization.
● Establish and manage rate contracts for recurring procurement categories across multiple locations.
● Conduct market benchmarking and cost analysis to ensure competitive pricing and value delivery.
● Support procurement requirements for current store launches, office expansions, renovations, and facility upgrades.
● Ensure timely procurement support to meet project timelines and business expansion plans.
● Develop and maintain a robust vendor network across regions.
● Evaluate vendor capabilities, performance, compliance, and commercial competitiveness.
● Negotiate commercial terms, payment terms, warranties, service levels, and contract conditions. ● Manage contract renewals, amendments, and vendor performance reviews.
● Drive annual cost savings initiatives through strategic sourcing and vendor consolidation.




● Perform should-cost analysis, benchmarking, and commercial evaluations.
● Identify prospects for process improvements, standardization, and spend optimization.
● Support budgeting exercises and procurement planning for CAPEX and OPEX spends.
● Collaborate closely with Facilities, Projects, Store Development, Finance, Legal, and Operations teams.
● Ensure procurement activities are aligned with business objectives and project schedules

● Ensure adherence to procurement policies, approval matrices, and contracting standards.
● Maintain complete documentation of sourcing events, contracts, and commercial negotiations.
● Support audits and compliance requirements related to procurement activities. Categories Managed CAPEX Categories
● Interior Fit-outs ● Retail Store Fit-outs ● Electrical Infrastructure ● HVAC Systems & MEP Projects ● Furniture & Fixtures ● Signages & Branding

OPEX Categories ● Facilit

📌 Procurement Manager Bengaluru
🏢 LivSpace
📍 Bengaluru