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Executive Estimation
2 weeks ago
Job Description:
- 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.
Remarks, if any:
HOD Sign
**Job Types**: Full-time, Permanent
Pay: ₹20,000.00 - ₹25,000.00 per month
**Benefits**:
- Provident Fund
Work Location: In person