Commercial Manager ( BOQ & Sourcing )

Job Description Commercial Manager (BOQ & Sourcing)
Position Commercial Manager BOQ & Sourcing
Location Bangalore
Company Profile
Veda Vyasa Iterics Pvt. Ltd. (VVI Group) is a multidisciplinary design and execution company specializing in Architecture, Interior Design, Engineering, and Turnkey Project Solutions. We cater primarily to Corporate Clients and undertake a wide range of projects including:

• Corporate Interiors
• Commercial Fit-Outs
• Turnkey Design & Build Projects
• Pre-Engineered Buildings (PEB)
• Civil Construction Works
• Interior & Exterior Works
• Renovation and Infrastructure Development Projects

With a strong focus on quality, innovation, and timely delivery, VVI Group provides end-to-end solutions from concept design to project execution.
Position Summary
We are seeking an experienced and highly motivated Commercial Manager BOQ & Sourcing to lead quantity estimation, procurement planning, vendor development, cost optimization, and commercial management activities for our projects.
The ideal candidate must possess hands-on experience in the Architecture, Interior Design, Construction, Design & Build, or PEB industry. Candidates from unrelated industries will not be considered.
Key Responsibilities
BOQ & Cost Management

• Prepare detailed BOQs based on drawings, specifications, and project requirements.
• Conduct quantity take-offs for civil, interior, architectural, MEP, PEB, and finishing works.
• Develop project budgets and cost estimates.
• Review and validate contractor and vendor quotations.
• Perform cost analysis and value engineering exercises to optimize project costs.
• Monitor project costs against approved budgets.

Procurement & Sourcing

• Identify, evaluate, and onboard vendors, suppliers, subcontractors, and service providers.
• Float enquiries, obtain quotations, conduct techno-commercial evaluations, and negotiate commercial terms.
• Develop strategic sourcing plans for project-specific and annual procurement requirements.
• Maintain and update approved vendor databases.
• Ensure timely procurement of materials and services in coordination with project teams.

Commercial & Contract Management

• Prepare comparative statements and procurement recommendations.
• Participate in commercial negotiations and finalization of purchase orders/work orders.
• Review contracts, commercial terms, payment schedules, warranties, and contractual obligations.
• Track procurement schedules and coordinate with project execution teams.
• Ensure compliance with company procurement policies and procedures.

Vendor & Stakeholder Management

• Build long-term relationships with vendors and subcontractors.
• Coordinate with architects, designers, project managers, engineers, and finance teams.
• Resolve commercial and procurement-related issues during project execution.

Reporting & Documentation

• Prepare MIS reports related to procurement, budgets, cost savings, and sourcing activities.
• Maintain proper records of quotations, negotiations, purchase orders, contracts, and approvals.
• Provide management with periodic commercial and procurement performance reports.

Required Qualifications

• Bachelor's Degree in Civil Engineering, Architecture, Construction Management, Quantity Surveying, or a related field.
• MBA / PG Diploma in Supply Chain, Procurement, or Commercial Management will be an added advantage.

Experience Requirements

• Minimum 3 to 5 years of relevant experience.
• Mandatory experience in one or more of the following industries:
• Interior Fit-Outs
• Corporate Interiors
• Architecture & Design-Build Projects
• Civil Construction
• Turnkey Projects
• PEB Projects
• Commercial Real Estate Projects

Candidates without relevant industry experience will not be considered.
Required Skills

• BOQ Preparation and Quantity Surveying
• Cost Estimation & Budgeting
• Procurement & Strategic Sourcing
• Vendor Development & Management
• Contract Administration
• Commercial Negotiation
• Rate Analysis
• Project Cost Control
• Strong knowledge of Interior, Civil, Architectural, PEB, and MEP materials
• Proficiency in MS Excel, AutoCAD, and ERP/Procurement Software
• Excellent communication and negotiation skills

Key Competencies

• Commercial Acumen
• Analytical Thinking
• Attention to Detail
• Leadership & Team Management
• Vendor Negotiation Skills
• Decision-Making Ability
• Problem-Solving Approach
• Result-Oriented Mindset

Compensation
Salary will be commensurate with qualifications, experience, and industry expertise.