Livspace Looking For Procurement Lead at Bangalore Urban, Karnataka, Full Time

Who are we: Livspace is India and South East Asia’s largest and fastest-growing omnichannel home interiors and renovation platform. The company uses its proprietary technology to provide one-stop renovation solutions to homeowners—from design to managed last mile fulfillment for all rooms in a home. Through a three-sided marketplace, it connects homeowners with certified interior designers and curated vendors across furniture, decor, modular kitchen and closets, and several other home improvement services categories. The value created, especially for homeowners, is hassle free home interior services as

Livspace becomes their one stop destination for end to end home interiors.

The company launched operations in Bengaluru, India in 2015. Since its inception, Livspace has organized a fragmented industry, bringing together a curated community of designers, brands, manufacturers and contractors. This has resulted in an e-commerce-like trusted and predictable experience for the homeowners. Livspace boasts of a community of 25000+ satisfied customers and over 2000 interior designers.

The company is already the largest employer of interior designers in the country. Livspace currently serves Singapore as well as 21 metro and non-metro areas in India – Bengaluru, Chennai, Delhi, Noida, Gurgaon, Mumbai, Thane, Pune, Hyderabad, Kolkata, Ahmedabad, Kochi, Jaipur, Lucknow, Indore, Surat, Coimbatore, Mysore, Mangalore, Vizag, Vijayawada.

The founders – Anuj Srivastava and Ramakant Sharma are former Google and Myntra

executives respectively, who are seasoned entrepreneurs and successful angel investors.

Livspace’s leadership team combines world-class talent and entrepreneurial

experience gathered at some of the best companies in the world.

Livspace has raised over USD 200 Mn in capital by some of the top global investors including Ingka Ventures (IKEA), TPG Growth, Goldman Sachs, Kharis Capital, Venturi Partners, FFP (Peugeot Group’s Holding Company), EDBI, Bessemer Venture Partners, Jungle Ventures, Helion Ventures and UC-RNT. For more information, please visit: https://www.livspace.com/

Roles and Responsibilities:

• Develop and implement procurement strategies to ensure the timely and cost-effective procurement of goods and services.
• Identify and evaluate potential suppliers, negotiate contracts and agreements, and manage vendor relationships.
• Manage the procure-to-pay process, including purchase order creation, invoice processing, and payment reconciliation.
• Collaborate with cross-functional teams to understand their procurement needs and requirements, specifically in areas such as Marketing, IT, CAPEX, and OPEX.
• Build and maintain a strong supplier base, conducting supplier evaluations, performance reviews, and driving continuous improvement initiatives.
• Create and maintain accurate records of procurement activities, including contracts, purchase orders, and invoices.
• Ensure compliance with company policies and government regulations related to procurement and vendor management.
• Monitor and report on procurement performance metrics to identify areas for improvement.
• Work closely with the Finance team to develop and manage procurement budgets for different functions, optimizing spending while maintaining quality.
• Monitor and track procurement expenses, identifying cost-saving opportunities, and proposing strategies to minimize procurement costs.
• Utilize Excel and Google Sheets proficiently to analyze procurement data, trends, and key performance indicators (KPIs) to drive data-driven decision-making.
• Prepare regular reports on procurement activities, savings achieved, and supplier performance, presenting insights to the management team.
• Provide guidance and support to other team members on procurement-related matters.
• Continuously improve procurement processes and procedures to increase efficiency and reduce costs.

EXPERTISE AND QUALIFICATIONS

• Bachelor’s degree in business administration, supply chain management, or a related field

4+ years experience in years of experience in procurement, with a strong background in the procure-to-pay process and experience in buying functions such as Marketing, IT, CAPEX, and OPEX, preferably in a startup or e-commerce environment.

• Strong knowledge of procure-to-pay processes and best practices
• Experience with Excel and Google Sheets
• Excellent communication and negotiation skills
• Strong analytical and problem-solving skills
• Ability to work independently and as part of a team in a fast-paced environment
• Detail-oriented with a strong focus on accuracy and quality
• Strong project management skills with the ability to manage multiple projects simultaneously