Estimation Executive

2 weeks ago

Nashik HO Nashik Maharashtra, India Simplyfyd Solutions Full time ₹ 3,55,000 - ₹ 4,99,146 per year

Designation : Estimation Executive

Experience : 1 – 2 Yrs

Location : Ambad

Qualification : DME / BE Mechanical

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.

Job Type: Permanent

Pay: ₹355, ₹499,146.67 per year

Benefits:

  • Paid sick time
  • Paid time off
  • Provident Fund

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