Job Description

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1) Project Evaluation:

• Review project specifications, electrical drawings, and client requirements to understand the scope and technical aspects of electrical panel projects.
• Collaborate with sales, engineering, and procurement teams to assess project feasibility, risks, and resource requirements.

2) Cost Estimation:

• Prepare detailed cost estimates for electrical panels, including materials, components, labor, overheads, and contingencies.
• Utilize estimation software, historical data, supplier quotes, and industry benchmarks to develop accurate cost models and projections.
• Analyze cost drivers, identify cost-saving opportunities, and propose value engineering solutions to optimize project economics.

3) Material and Component Procurement:

• Source electrical components, materials, and hardware from vendors and suppliers based on cost, quality, availability, and lead times.
• Negotiate pricing, terms, and contracts with suppliers to secure competitive rates and favorable terms for materials procurement.
• Coordinate with procurement and supply chain teams to expedite material orders, track deliveries, and manage inventory levels.

4) Value Engineering and Alternatives Analysis:

• Collaborate with design engineers, product managers, and project teams to explore alternative materials, components, and design configurations that offer cost efficiencies without compromising quality or performance.
• Conduct cost-benefit analyses, lifecycle cost assessments, and risk assessments to evaluate the economic viability of proposed design alternatives.

5) Budgeting and Forecasting:

• Develop project budgets, cost forecasts, and financial models to support project planning, resource allocation, and decision-making.
• Monitor project costs, expenditures, and variances throughout the project lifecycle, identifying deviations from budgeted costs and implementing corrective actions as needed.

6) Documentation and Reporting:

• Prepare comprehensive estimation reports, cost breakdowns, and pricing proposals for submission to clients, contractors, or project owners.
• Maintain accurate records of cost estimates, revisions, change orders, and correspondence related to electrical panel projects.
• Provide regular updates and status reports to project teams, management, and stakeholders regarding estimation progress, cost implications, and project economics.

Job Type: Full-time

Pay: ?15,000.00 - ?20,000.00 per month

Benefits:

• Provident Fund

Schedule:

• Day shift

Supplemental pay types:

• Yearly bonus

Ability to commute/relocate:

• Bhiwandi, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Preferred)

Experience:

• Electrical Panel Manufacturing: 1 year (Preferred)

Work Location: In person