Estimation Executive

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: ₹355,690.12 - ₹499,146.67 per year

Benefits:

• Paid sick time
• Paid time off
• Provident Fund