Team Member - RFQ

LMW Limited; Coimbatore District; On-site; INR 450,000 - 750,000; Full time

Job summary

LMW Limited in Coimbatore, Tamil Nadu seeks a Staff Costing & RFQ Analyst to drive on-time, accurate cost estimations for customer RFQs. You will consolidate inputs, prepare recurring/non-recurring quotations, support negotiations, and coordinate with sourcing and finance to ensure optimal pricing and feasibility of SOWs.

You will work from Ganapathy, Coimbatore, with a focus on cost optimization, BOM preparation, and timely RFQ submissions to win orders and meet organizational objectives.

Qualifications

• Must have capability to estimate recurring and non-recurring costs for RFQs.
• Ability to consolidate inputs (drawings, specs, models) for final costing.
• Support price negotiations with technical and finance teams.

Responsibilities

• Prepare competitive recurring/non-recurring cost quotations for customer RFQs.
• Ensure on-time submission of RFQs and accurate final pricing.
• Consolidate all recurring costs to arrive at final cost.
• Conduct final cost reviews with team lead & HOD and rework if needed.
• Provide technical support for price negotiation meetings via conference call or site visit.
• Rework recurring costs based on customer feedback and review with costing dept.
• Attend customer meetings for detailed understanding of SOW.
• Prepare BOM for detailed parts & assemblies.
• Optimize RM calculations and source supplier quotes through SCM.
• Clarify technical doubts from suppliers and receive quotes via SCM.
• Estimate cycle time for machining operations and resources.
• Prepare cutting tool cost break-up based on time and material.
• Identify feasible outsourcing processes and provide input data to suppliers.
• Conduct daily RFQ status review meetings and update status.
• Ensure adherence to Business Excellence processes in RFQ activities.
• Stay updated with latest technologies and tools for RFQ creation and cost estimation.
• Brainstorm with EI team to optimize process flow and automate RFQ tasks.

Skills

Costing & pricing

RFQ submission

BOM preparation

Cost optimization

Job description

Ganapathy, Coimbatore, Tamil Nadu, India

Staff

Job Description

Purpose of the Role

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.

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

Job Snapshot

Updated Date

27-10-2026

Job ID

Job1094

Org Structure

Management

Location

Location Ganapathy, Coimbatore, Tamil Nadu, India