Key Responsibilities:
1. Project Estimation: Collaborate with the engineering, manufacturing, sales, and procurement teams to generate accurate project proposals and estimates, considering all project specifications, potential risks, and resource availability.
2. Cost Analysis: Analyze and evaluate all cost components, including raw materials, labor, subcontracted services, and overheads, to ensure competitive pricing while maintaining profitability.
3. Bid Management: Manage the complete bid process, including reviewing customer RFQs (Request for Quotations), generating cost estimates, negotiating pricing, and preparing detailed submissions for potential projects.
4. Material Sourcing: Collaborate with the procurement team in identifying and selecting suppliers, negotiating contracts, and optimizing the sourcing strategy to secure competitive pricing and ensure timely material availability.
5. Risk Assessment: Conduct risk assessments to identify potential obstacles, challenges, and opportunities for cost optimization during the project lifecycle.
6. Database Management: Develop and maintain a comprehensive database of costing parameters, including raw materials, labor costs, machine productivity rates, and overhead factors, to facilitate accurate and efficient estimation processes.
7. Stakeholder Engagement: Collaborate with project managers, business development teams, and customers to ensure clear communication of project requirements, progress, and potential deviations from initial estimates.
8. Continuous Improvement: Actively participate in process improvement initiatives to enhance estimation accuracy, reduce costs, and increase productivity.
9. Compliance and Documentation: Ensure compliance with internal policies, industry standards, and regulatory requirements. Maintain accurate documentation and records related to cost estimation activities.
Qualifications and Skills:
1. Education: Bachelor's degree in engineering or a related field. Additional certifications in project management or sourcing techniques are an advantage.
2. Experience: Minimum of 5 years of experience in project estimation, preferably in an automotive or manufacturing environment. Experience in cost analysis, sourcing, and bidding processes is essential.
3. Technical skills: Proficient in using computer-aided estimation tools, advanced Microsoft Excel, and cost accounting software. Familiarity with engineering drawings, manufacturing processes, and automotive industry standards.
4. Analytical abilities: Strong numerical aptitude, analytical thinking, and attention to detail. Ability to interpret complex data, identify patterns, and make accurate estimates.
5. Communication: Excellent verbal and written communication skills to collaborate effectively with internal teams, suppliers, and customers. Fluency in English is essential.
6. Team player: Ability to work collaboratively with cross-functional teams and manage multiple projects simultaneously.
7. Problem-solving: Proactive approach to problem-solving and an ability to adapt quickly to changing project requirements.
8. Integrity: Demonstrated integrity, ethical behavior, and compliance with established guidelines.
