5.0 - 9.0 years

0 Lacs

noida, uttar pradesh

On-site

As a member of the costing team in the electrical switchboard building industry, your role is pivotal in ensuring accurate and efficient cost management. Your performance will be measured against various Key Performance Indicators (KPIs) designed to evaluate and enhance the team's effectiveness: Cost Accuracy: Your ability to provide precise cost estimates that closely align with actual costs incurred during the production of electrical switchboards is crucial for maintaining budgetary alignment. Cost Variance: Monitoring and analyzing the differences between estimated costs and actual costs for each project will enable you to identify areas where improvements in estimating accuracy can be made. Profit Margins: Calculating profit margins on projects by comparing revenue generated with total costs incurred will ensure that the costing team contributes to maintaining healthy profit margins. Cost Efficiency: Your role involves evaluating the team's efficiency in controlling and minimizing costs while upholding quality standards. Comparing the cost of goods sold (COGS) against revenue generated will be a key metric. Material Cost Tracking: Ensuring accuracy in estimates related to material costs is essential for providing realistic and precise projections for raw materials. Labor Cost Efficiency: Assessing labor costs by comparing estimated costs with actual time spent on projects will help identify opportunities for improving labor productivity. Overhead Costs: Tracking and managing overhead costs associated with switchboard production, such as facility costs, utilities, and administrative expenses, is essential for cost control. Cost-to-Sales Ratio: Calculating the ratio of total costs to total sales will indicate the effectiveness of cost management and profitability. Quote-to-Order Conversion Rate: Your success will be measured by the percentage of quotes that convert into actual orders, reflecting effective pricing strategies and competitiveness in the market. Supplier Negotiation Effectiveness: Evaluating your ability to negotiate favorable terms with suppliers will directly impact the overall cost structure. Time-to-Quote: Your efficiency in preparing and delivering quotes to potential clients will influence customer responsiveness and competitiveness in the market. Cost Benchmarking: Comparing costs of switchboard production with industry benchmarks and competitors will provide insights into your efficiency and competitiveness. Regularly reviewing these KPIs will enable you to identify areas for improvement, optimize processes, and contribute to the overall success and profitability of the electrical switchboard building business. Adapt these KPIs to align with the specific goals and challenges faced by your organization. This is a Full-time, Permanent position with benefits including cell phone reimbursement, provided food, health insurance, paid sick time, paid time off, and Provident Fund. The work schedule is a Day shift with a Yearly bonus. The work location is in person.,

Posted 4 days ago

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