Bid Manager
3 weeks ago
About the Role
Bid Manager supports the Sales effort of new equipment globally, pending project assignment. This role requires a strong understanding of client applications and processes, as well as knowledge of competition products and offerings.
Key Responsibilities
- Review Client's Request for Quotation (RFQ)
- Perform equipment selections including drivers and auxiliary systems, using company engineering tool, or other selection tools, as applicable for the product line.
- Fully configure and propose optimized solution(s) with tangible value proposition.
- Responsibility for Scope of supply, commenting Customer's Technical Specifications
- Prepare Buyout RFQs. Evaluate & communicates with vendors in close agreement with the Project Procurement Manager.
- Coordinate the Cost Analysis and Prepare Pricing.
- Establish the Payment Milestones, ensure alignment of sub-supplier payment terms.
- Perform a Cash Flow Analysis.
- Work with the Regional Coordination Group, Operation-based departments, shared services (Commercial & Finance) and the Field Service organization, as required, to identify and quantify risks, develop mitigating actions to those risks, prepare the technical/execution risk assessment form.
- Request guidance from the Sales Manager or Opportunity Leader for the commercial risk.
- Coordinate Proposal Bill of Material, System Drawing & Project Schedule.
- Maintain Sales Force (CRM tool), as the need arises for those items under Bid Management area of responsibility.
- Assist the Sales Managers in developing Technical and Commercial strategies for the successful implementation of the Order Collection Process.
- Participate in the development of quantified Value Propositions.
- Integration of technical activities, product, and services, including vendor supplied equipment/services in proposal in a timely manner to meet proposal deadlines.
- Reviews the proposal process for compliance with established process, including proposal completeness, accuracy, degree of configuration, cash flow analyses, risk assessment forms (execution & commercial), solution configuration, on-time submittals, etc.
- Identify cost- or time-saving opportunities inside the proposal development process and implement process improvement initiatives.
- Complete the Risk and Opportunity Analysis process prior to issuing new equipment proposals, paying particular focus on margin screens, currency risks, payment terms, cash flow, cancellation terms, and execution risks.
- Review pricing for compliance with pre-established screens and price/scope agreement. Issues price recommendations for approval.
- Coordinate and participate in client clarification meetings.
- Understanding of client's applications and process.
- Understanding of competition products & offerings.
- Prepare and submit in a timely manner the project pre-release and order entry packages to the manufacturing Operation. Participate, lead internal and client kick-off meetings.
- Support the order collection team in preparing the internal approval documentation.
- Support the Sales Manager with project or product presentations.
- Conducts business affairs with the highest standards of ethics and integrity.
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