Estimation Executive

6 days ago

Nashik HO Nashik Maharashtra, India Simplyfyd Solutions Full time

**Designation**: Estimation Executive

**Experience**: 1 - 2 Yrs

**Location**: Ambad

**Qualification**: DME / BE Mechanical
- Maintain raw material rates on an item-wise and grade-wise basis.
- Conduct techno-commercial reviews of inquiries and maintain comprehensive review documents.
- Float inquiries to approved vendors based on the Bill of Materials (BOM) and specifications.
- Coordinate with the purchasing department to obtain weekly updates on raw material rates from vendors for standard parts.
- Ensure accuracy in costing, taking into account raw material costs, rolling, bending, machining, development, wastage, TPI inspections, follow-up visits, subcontracting charges, inventory carrying costs, holding charges, testing and certifications, process costs, labour costs, and overheads.
- Review and cross-check BOMs received from engineering for quantity, area, and weight calculations.
- Prepare BOMs for finalized drawings and submit offers to the marketing department.
- Collaborate with the marketing department for order negotiations

**Technical Competencies**:

- Proficient in analysing and maintaining raw material rates, including item-wise and grade-wise categorization.
- Strong understanding of techno-commercial principles to effectively review inquiries and maintain documentation.
- Experience in floating inquiries and evaluating responses from approved vendors, with knowledge of BOM specifications.
- Ability to ensure accurate costing that incorporates various factors such as rolling, bending, machining, wastage, and subcontracting charges.
- Knowledge of inventory carrying costs, holding charges, and efficient inventory practices.
- Skilled in reviewing, cross-checking, and updating BOMs, ensuring accuracy in quantity, area, and weight calculations.
- Strong ability to coordinate with purchasing and marketing departments for effective order negotiation and pricing strategies.
- Understanding of process costs, labour costs, and overheads relevant to manufacturing processes.
- Knowledge of testing, certifications, and TPI inspections to ensure compliance with industry standards.

**Behaviour Competencies**:

- Clear verbal and written communication, flexible with changing priorities, analysing issues and creating solutions,
- consistently meeting deadlines and commitments, prioritizing client needs and satisfaction, taking proactive steps for improvement, effectively prioritizing tasks.

**Job Type**: Permanent

Pay: ₹355,690.12 - ₹499,146.67 per year

**Benefits**:

- Paid sick time
- Paid time off
- Provident Fund

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