Bom and Costing Officer
3 months ago
**Work location -** Lalru, District Mohali (between Ambala and Chandigarh cities)
**Key Responsibilities**:
- Develop and maintain accurate **Bills of Materials (BOMs)** for all furniture products, including specifications for raw materials, hardware, finishes, and accessories.
- Calculate and analyze **costs for materials, labor, and overhead** to determine the total production cost of each product.
- Regularly update BOMs based on design changes, material updates, or manufacturing process improvements.
- Collaborate with the **design, production, and procurement teams** to ensure that BOMs reflect current production processes and materials used.
- Evaluate **vendor pricing** for materials and negotiate better terms when possible, working closely with the procurement team to maintain cost efficiency.
- Monitor and track cost variations during the production process and recommend adjustments to control costs without compromising quality.
- Prepare detailed **cost estimates** for custom projects and new product lines, providing cost analysis and pricing recommendations to management.
- Maintain a comprehensive database of material costs, labor rates, and production expenses for future reference and analysis.
- Assist in **margin analysis** and suggest ways to improve profitability by identifying opportunities to reduce costs or increase production efficiency.
- Work closely with the finance team to support accurate product pricing strategies and profit margin targets.
**Qualifications and Experience**:
- Minimum **3 years of experience** in a BOM and costing role within the furniture manufacturing industry.
- Strong knowledge of **furniture materials**, construction techniques, and industry-specific production processes.
- Proficiency in **ERP systems** (e.g., Infor, SAP, Odoo) and **Excel** for managing BOMs and costing data.
- **Attention to detail** and strong **analytical skills** to ensure accurate cost calculations and reporting.
- Ability to work collaboratively with **design, production, and procurement teams** to ensure all aspects of the BOM and costing are accurate and up-to-date.
- Knowledge of **cost-control methods** and strategies for improving profitability without sacrificing quality.
**Preferred Skills**:
- Experience in **custom furniture projects** and handling BOMs for complex, made-to-order products.
- Familiarity with **wood, metal, upholstery**, and other furniture materials, including pricing trends and supplier options.
- Ability to work in a **fast-paced environment** and manage multiple projects with varying priorities.
**How to Apply**:
**About Knock On Wood**
Knock on Wood is an internationally acclaimed and award-winning product design and manufacturing company based out of New Delhi, India, specializing in custom-made solid wood and mix media furniture.
**Job Types**: Full-time, Permanent
Pay: ₹17,000.00 - ₹30,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Day shift
Supplemental Pay:
- Performance bonus
**Experience**:
- total work: 3 years (preferred)
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