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Overview:
We are looking for a detail-oriented and analytical Estimation and Costing Analyst to join our interior design & execution company. The role involves preparing accurate cost estimates for interior projects, coordinating with designers, purchase managers, and vendors, and ensuring cost optimization while maintaining quality standards.
Key Responsibilities:
- Study project drawings, BOQs, and specifications to prepare detailed cost estimates.
- Work closely with interior designers, architects, and project managers for understanding scope of work.
- Source and evaluate vendor quotations for materials, furniture, fixtures, and services.
- Prepare rate analysis for various materials and works.
- Develop preliminary budgets and detailed cost breakdowns for client proposals.
- Negotiate with vendors/suppliers to achieve competitive pricing.
- Maintain a database of material costs, labor rates, and vendor details.
- Assist in value engineering to optimize project costs without compromising quality.
- Ensure timely submission of estimates for client approvals and tenders.
- Support the purchase and project execution teams with cost-related clarifications.
- Track actual project costs vs. estimates and highlight variances.
Key Skills & Competencies:
- Strong knowledge of interior materials, finishes, furniture, and MEP works.
- Mim 1 years of Industry experience
- Proficiency in MS Excel, AutoCAD, and estimation software.
- Excellent numerical, analytical, and negotiation skills.
- Attention to detail with the ability to prepare accurate BOQs and estimates.
- Good communication and vendor management skills.
- Ability to work under deadlines and handle multiple projects
- Set up meetings with potential clients for Senior management
- Draft and Share Business Proposals and Quotations
- Acts as a point of contact between the Client and the company
- Training Coordination, Follow-ups & Commercial Alignment
Analyze all suppliers in order to select the most suitable suppliers who are able to deliver high quality products at competitive pricing.
Negotiate with suppliers on lead-time, cost and quality so as to obtain the maximum benefit for the company.
Manage suppliers to meet objectives related to cost, delivery performance, schedule and quality.
Develop purchasing or sourcing strategies based on portfolio analyses and supplier preferencing study.
Define and maintain documented category and supplier strategies using market and competitive data.
Liaise with suppliers on delivery schedule so as to ensure on-time deliveries of final product.
Develop, implement and drive the procurement strategies in order to meet cost savings targets.
Review and manage the supplier base to ensure consistency with the sourcing strategy.
Perform regular performance review with suppliers to drive continuous improvements.
Create monthly performance reviews and reports focusing on overall sourcing requirements.
Ensure commercial, legal and contractual compliances in all the procurement transactions.
Adopt appropriate supplier management methodologies and procurement strategies in purchasing to secure better prices.
Train team on effective procurement processes and strategy.
Coordinate with vendor on continuous quality improvement
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