Pricing Analyst / Estimator (2524-EST)

Our client is seeking a Pricing Analyst / Estimator with a keen interest in understanding the composition of component pricing. The ideal candidate is a strong negotiator, level-headed, and practical—balancing cost considerations with value, quality, and manufacturing processes.

Responsibilities:

Product and Technical Understanding:

• Develop a full understanding of the components that make up our products, their function in the machine, and their critical properties.
• Understand technical drawings for each component to ensure accurate discussions with manufacturers and pricing alignment with manufacturing expectations.
• Gain in-depth knowledge of how our products operate in the field and their role in the mineral processing industry.

Supplier & Manufacturing Assessment:

• Visit manufacturing facilities in South Africa (initially) and, once an assessment procedure is developed, expand this to overseas facilities to understand manufacturing processes and quality control.
• Gather procurement habits and sourcing details of competitors to identify industry trends.
• Review competitor vendors, gather pricing and technical details, visit their facilities, and assess their processes.

Pricing Analysis & Cost Benchmarking:

• Collect global market prices for all components, including mechanical parts, electrical motors, variable speed drives, MCCs, PLCs, lubrication systems, and peripheral equipment.
• Analyze technical aspects of received quotes, including inclusions/exclusions, delivery periods, payment milestones, and terms.
• Benchmark pricing per region, country, and manufacturer while maintaining a deep understanding of cost structures, material and labor price changes, and historical trends.
• Maintain an up-to-date pricing database and provide accurate cost estimates where fixed prices are unavailable.
• Continuously compare pricing with similar tenders, orders, and ongoing work to ensure cost efficiency.

Tendering, Budgeting & Cash Flow Management:

• Develop a detailed costing sheet for each tender/budget, incorporating cash flow predictions and vendor payment milestones.
• Assist project engineers in meeting or improving budget targets by providing real-time pricing intelligence.
• Recommend new vendors to project engineers and assist in obtaining necessary approvals.

Competitive & Market Intelligence:

• Gather details on competitors’ installed machines to identify enhancements or weaknesses.
• Develop a competitor costing sheet for each machine size and configuration to predict their pricing and delivery strategies.
• Continuously monitor competitor pricing, procurement strategies, and market trends to ensure a competitive edge.

Profile:

• Electrical Engineering degree is advantageous.
• But must have at least their N.DIP or NH DIP.
• At least 2 to 5 years experience in an optimizing environment.
• Strong electrical knowledge (VSD’s, PLC’s and MCC’s) would be beneficial.
• Cost reduction/optimization/understanding as a passion.