Quotation Specialist (Product Costing Engineer)

Job Purpose

JOB DESCRIPTION

Responsible for ensuring accurate and timely quotations are provided to various departments and stakeholders, supporting our commitment to excellence in customer service and internal operations. Also responsible for communicating lead time delivery based on input from Planning and Procurement Areas.

Roles & Responsibilities

SAFETY, SECURITY & COMPLIANCE

• Maintains the highest standards of corporate governance, ensuring that all activities are carried out ethically and in compliance with Company’s Security, Compliance & HSE policies, Management System, relevant laws, regulations, standards, and industry practices and complies with the Company’s Rules to Live By
• Places Quality, Health & Safety, Security and protection of the Environment as core values while never intentionally placing employees, our processes, customers or the communities in which we live and work at risk
• Seeks continual improvement in Health, Safety, Security & protection of the Environment, taking into account responsible care, process vulnerabilities, public, customer and employee inputs, knowledge and technology and best business practices to exceed customer expectations
• Supervisors & Managers should demonstrate effective safety leadership for the health and safety arrangements of all subordinates and for any persons visiting them while on the Company premises
• Collaborate with department heads and team leads to gather the necessary information and pricing data for quotations.
• Assist in analyzing product/service costs, market conditions, and competitive factors to determine pricing strategies.
  
  

QUALITY

• Responsible for being familiar with the Company's Quality policies and takes an active role in the compliance and improvement of Weatherford’s Management System
• Maintains service quality as immediate priorities when working across all areas of the business and continually seeks areas for improvement
  
  

OPERATIONS

Quotation Execution

• Assist in developing and maintaining a standardized internal quotation process to ensure efficiency and consistency, including creating and maintaining product cost models that accurately reflect data.
• Prepare the final costed BOM, with detailed costing, including comparing different suppliers, new process when applicable, and strategy.
• When necessary, request quotes from suppliers to obtain equipment prices, setting the best MOQ/ACQ and costs.
  
  

Documentation and Record-Keeping:

• Maintain a well-organized database of internal quotations, pricing models, and historical data.
• Ensure all quotations are accurately documented and archived for reference and audit purposes.
  
  

Cross-Functional Collaboration:

• Work closely with various departments, including Sales, Marketing, Finance, and Product Development, to provide timely and accurate quotations that align with business objectives.
• Act as a liaison between departments to address any discrepancies or special requests related to quotations.
• Hand over the quotation to MFG, explaining the pricing, strategy, and supplier selection.
  
  

Quality Control:

• Do a systematic review of the quotes before submitting them to avoid errors.
• Perform handover to manufacturing to explain assumptions and criteria used on the quote to minimize variance.
  
  

Use Quotes Data to Support Forecasting and Demand Planning:

• Leverage historical quotation data and pricing trends to support forecasting and demand planning efforts.
• Collaborate with the demand planning team to provide insights that contribute to accurate inventory management and production planning.
  
  

Training and Development:

• Provide training and guidance to new team members involved in the quotation process to ensure adherence to best practices and standard procedures.
  
  

COMMUNICATION

• Maintains effective communications with all key stakeholders both internal and where appropriate external
• Supervisors & Managers should clearly communicate expectations, roles and responsibilities to their reports
  
  

FINANCIAL

• All employees have an accountability to the organization to be financially responsible whether they are in charge of a function budget or simply their own expenses
• Costs incurred should be within approved budget, processed within agreed time frames & following the relevant financial policy and procedure
  
  

Required Skills

• 5+ years of experience in cost estimation and/or project management
• Diploma or Bachelor's Degree in Engineering, Manufacturing, Business Management, or related field or 10+ years working experience in Manufacturing Quotations.
• Experience in Creo (3D modeling software) or any related software, able to read engineering drawing.
• Ability to create cost models that capture accurate information.
• Ability to develop and interpret complex reports from complex data sources.
• Ability to meet deadlines and handle multiple assignments simultaneously.
• Ability to think strategically and provide insight on pricing strategies.
• Budgeting and cost control methods
• Cost estimating techniques
• Knowledge of Microsoft Office applications such as Word, Excel, and Outlook
• Procurement and supply chain techniques
• Proficiency with JDE, Microsoft Dynamics 365, or other ERP/CRM software systems.
• Solid understanding of the manufacturing process, materials, and technology
  
  

Travel Requirement

This role may require domestic and potentially international travel of up to: <10%

About Us

Weatherford is a leading global energy services company. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Across our operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.

When you join Weatherford, you instantly feel connected to something bigger – a community that is grounded by our core values and driven to create innovative solutions for our customers. We celebrate each other’s successes, grow together, and learn from each other constantly. Individually, we are impressive. Together, we are unstoppable. We are One Weatherford.

Weatherford is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.