Purpose of the Role
To Prepare Competitive Recurring/ non recurring cost quotation for Customer RFQs
Achieve RFQ Success rate
Ontime submission of RFQ"
Prepare Competitive Recurring/ non recurring cost quotation for Customer RFQs to achieve organisational objectives
Reduce lead time on RFQ submission
Cost workout for machining, Raw material ,outsourcing process,consumables,BOI.
Calculate logistics cost including packing box
Arrive final cost by consolidating all recurring costs.
Conduct final cost review with team lead & HOD and rework the same if necessary.
Conduct Finance Review and implement any changes before arriving the final price.
Provide technical support for price negotiation meeting through con call or customer visit.
Rework of recurring cost based on customer feedback if any and review the same with costing department.
Attend customer meeting through con call or site visit for detailed understanding of SOW
Accurate cost estimation to customer specifications and meeting customer needs
Collect inputs like drawings, 3-D models, specifications etc from marketing after RFQ registration.
Attend CFT review meeting and understand the scope of work, demand & first level feasibility study
Check the availability of all inputs & get clarifications, missing drawings &specs from customer through marketing.
Final Level of Feasibility study to ensure Capability, Capacity & Process Specifications are met.
Prepare BOM for detailed parts & assemblies.
Optimized RM calculation by nesting multiple parts & Request supplier quote through SCM
Clarify any technical doubts from suppliers & Receipt of quote through SCM
Process flow break down of detailed parts & arrive no of setups/operations ,fixtures required for machining.
Estimate cycle time for all machining operation assigned with appropriate resources.
Prepare cutting tool break-up cost based on cycle time and Material category.
Identify feasible outsourcing process like grinding,EDM,spline cutting, lapping etc and prepare technical input data for suppliers.
Request and receipt OSP quote from approved suppliers through SCM
To conduct daily RFQ status review meeting and update the RFQ status
Ensure adherence to Business Excellence processes in all activities related to the section
Ensure use of latest technologies and tools for RFQ creation and cost estimation
Attend Brain storming session with EI team to arrive the best optimized process flow.
Use of technology to automate suitable aspects of RFQ
