Key Responsibilities

• Manage end-to-end costing and pricing activities.

• Collect and maintain updated vendor prices, including currency, MOQ, payment terms, freight, and delivery terms.

• Verify and compare current vendor prices with previous purchase prices and identify price variations.

• Prepare product-wise costing sheets based on vendor purchase prices and applicable commercial costs.

• Calculate and allocate relevant company overheads to determine the actual product cost.

• Determine recommended selling prices based on cost, target margin, customer requirements, quantity, country, and market conditions.

• Prepare different pricing levels such as target price, minimum price, standard price, and special/negotiation price where required.

• Analyse customer-wise pricing and maintain consistency with historical selling prices and customer categories.

• Prepare quantity-based pricing and analyse the impact of order quantity on cost and profit margins.

• Compare competitor and market prices and recommend suitable pricing strategies to the Sales and Management teams.





• Review market conditions, product demand, competition, and customer importance while recommending selling prices.

• Support the Sales Team with accurate and timely costing and pricing for quotations and customer negotiations

• Review special pricing requests from Sales and evaluate their impact on cost, margin, and profitability.

• Monitor target margins and ensure that products are not quoted below the approved or required margin without proper approval.

• Highlight low-margin, negative-margin, or high-cost products/orders to Management for review and approval.

• Review quotations before submission to ensure correct product cost, selling price, margin, freight, duties, and other commercial components.

• Prepare MIS and reports related to vendor price changes, product costing, selling prices, margins, customer pricing, and country-wise profitability

Requirements

• B.Com / B.E. / Dip

📌 Commercial Costing (Thane)
🏢 Rama Mining Tools
📍 Thane