Costing / Pricing Analyst at Itt Inc. in Vadodara, Gujarat, India | Kablio

Role

Description

rfq management

bid evaluation

pricing models

techno review

offer preparation

spec review

Float RFQ to Advance Procurement Team /vendor for Buyout offers.
Technical Bid Evaluation for various bought out items.
Lead discussions to consult with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts, with the objective of Profit optimization.
Organize and participating in review meetings with customer/project consultants/vendor to freeze the requirement/deviation.
Develop and maintain pricing models to optimise pricing strategies and drive profitability.
Review & finalize Techno commercial Vendor offers/TQ.
Preparation of detail techno‐commercial offer.
Review of BID/Tender/RFQ/Customer specs/TQ received from Sales/Application.
Close coordination with sales/Application team for Technical/commercial change/requirement

Requirements

btech

mba

oil&gas

api610/682

communication

problem‑solving

Communication and Interpersonal Skills: Clear communication with internal stakeholders, vendors, and cross-functional teams.
Interpersonal and communication skills.
Chemical and Oil & Gas industry knowledge
Knowledge on Inco terms, Local Taxes, Duties etc.,
Decision-Making Under Pressure: Ability to make timely and sound decisions in high-stakes or time-sensitive scenarios.
Knowledge on Motors, Lub systems or seal systems.
Adaptability and Problem-Solving: Flexibility to manage changing market conditions, supply chain disruptions, and unexpected vendor issues
Proactive and results-oriented mindset with the ability to prioritise and manage multiple projects simultaneously.
BE/Btech (Mech) with min 5 years of experience in relevant industry. MBA or advanced degree is a plus.
Analytical Mindset: Proficiency in analyzing data to drive purchasing decisions and supplier performance improvements.
Pump/Motor/Seal Plan knowledge
Knowledge on API 610/682
Knowledge on Application/Techno commercial Proposal preparation.
Knowledge on costing for large size project considering the long term project risk.
Attention to Detail: Precision in reviewing contracts, specifications, and procurement documents

Benefits

Inco term/duty benefit

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded in 1920

Year Established

The company was established as a pioneering force in the telecommunications industry.

$3.6B Annual Revenue

Company Income

Generates significant revenue annually through its innovative engineering solutions.

Three Core Divisions

Business Units

Operates through Motion Technologies, Industrial Process, and Connect & Control divisions.

100-Year Legacy

Operational History

Continues to deliver mission-critical components across harsh environments after a century of operation.

Evolved into a global industrial innovator.
Now based in Stamford, Connecticut, the company is publicly traded.
Typical projects include shock absorbers for vehicles, industrial pumps and valves for chemical plants, and connectors for aerospace applications.
Portfolio features legendary brands like Goulds Pumps, KONI shock absorbers, Cannon connectors, and Enidine absorbers.
Growth stems from both organic innovation (like EV brake pads) and strategic M&A such as Svanehøj and kSARIA acquisitions.

Culture + Values

35 Countries

Global Reach

The company has employees stationed in over 35 countries worldwide.

63% Safety

Zero Incidents

In 2023, 63% of global sites achieved zero recordable safety incidents.

$100M CapEx

Green Projects

In 2022, green-project capital expenditures exceeded $100 million, representing an 18% increase from 2021.

“Building on our heritage of innovation… deliver enduring solutions to the key industries that underpin our modern way of life.”
“Partner with our customers to deliver enduring solutions…”

Environment + Sustainability

10% reduction

GHG emissions target

Aims to reduce Scope 1 & 2 greenhouse gas emissions by 10% by 2026 compared to 2021 baseline.

$25 million

Green-energy investment

Committed to $25 million for green-energy projects, including 20,000 solar panels across 8 sites.

7% reduction

Water consumption

Achieved a 7% reduction in water consumption as of 2022.

300bps growth

Electric products revenue

Revenue from electric & emissions-reducing products grew 300 basis points vs. 2022, reaching ~15% of total revenue.

Solar installations: e.g., KONI Netherlands >50% site energy from solar since 2023; Italy, US, Korea, Mexico, China active
Energy-efficiency projects: LED lighting, HVAC, water requalification included in 2022 CapEx
Over 17% increase in recycled-material usage (2022 update)

Inclusion & Diversity

35% Women

Global Leadership

Percentage of leadership roles globally held by women.

15% Black & Hispanic

U.S. Leadership

Representation of Black and Hispanic individuals in U.S. leadership roles.

85% Completion

Unconscious Bias Training

Percentage of managers who completed unconscious-bias training in year one.

>2,000 Hours

Employee Mentorship

Global coaching hours provided by Employee Resource Groups.

Published EEO-1 workforce demographic report (2021)

Articles

About Us

Careers

Innovation

Role

Description

rfq management

bid evaluation

pricing models

techno review

offer preparation

spec review

Float RFQ to Advance Procurement Team /vendor for Buyout offers.
Technical Bid Evaluation for various bought out items.
Lead discussions to consult with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts, with the objective of Profit optimization.
Organize and participating in review meetings with customer/project consultants/vendor to freeze the requirement/deviation.
Develop and maintain pricing models to optimise pricing strategies and drive profitability.
Review & finalize Techno commercial Vendor offers/TQ.
Preparation of detail techno‐commercial offer.
Review of BID/Tender/RFQ/Customer specs/TQ received from Sales/Application.
Close coordination with sales/Application team for Technical/commercial change/requirement

Requirements

btech

mba

oil&gas

api610/682

communication

problem‑solving

Communication and Interpersonal Skills: Clear communication with internal stakeholders, vendors, and cross-functional teams.
Interpersonal and communication skills.
Chemical and Oil & Gas industry knowledge
Knowledge on Inco terms, Local Taxes, Duties etc.,
Decision-Making Under Pressure: Ability to make timely and sound decisions in high-stakes or time-sensitive scenarios.
Knowledge on Motors, Lub systems or seal systems.
Adaptability and Problem-Solving: Flexibility to manage changing market conditions, supply chain disruptions, and unexpected vendor issues
Proactive and results-oriented mindset with the ability to prioritise and manage multiple projects simultaneously.
BE/Btech (Mech) with min 5 years of experience in relevant industry. MBA or advanced degree is a plus.
Analytical Mindset: Proficiency in analyzing data to drive purchasing decisions and supplier performance improvements.
Pump/Motor/Seal Plan knowledge
Knowledge on API 610/682
Knowledge on Application/Techno commercial Proposal preparation.
Knowledge on costing for large size project considering the long term project risk.
Attention to Detail: Precision in reviewing contracts, specifications, and procurement documents

Benefits

Inco term/duty benefit

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded in 1920

Year Established

The company was established as a pioneering force in the telecommunications industry.

$3.6B Annual Revenue

Company Income

Generates significant revenue annually through its innovative engineering solutions.

Three Core Divisions

Business Units

Operates through Motion Technologies, Industrial Process, and Connect & Control divisions.

100-Year Legacy

Operational History

Continues to deliver mission-critical components across harsh environments after a century of operation.

Evolved into a global industrial innovator.
Now based in Stamford, Connecticut, the company is publicly traded.
Typical projects include shock absorbers for vehicles, industrial pumps and valves for chemical plants, and connectors for aerospace applications.
Portfolio features legendary brands like Goulds Pumps, KONI shock absorbers, Cannon connectors, and Enidine absorbers.
Growth stems from both organic innovation (like EV brake pads) and strategic M&A such as Svanehøj and kSARIA acquisitions.

Culture + Values

35 Countries

Global Reach

The company has employees stationed in over 35 countries worldwide.

63% Safety

Zero Incidents

In 2023, 63% of global sites achieved zero recordable safety incidents.

$100M CapEx

Green Projects

In 2022, green-project capital expenditures exceeded $100 million, representing an 18% increase from 2021.

“Building on our heritage of innovation… deliver enduring solutions to the key industries that underpin our modern way of life.”
“Partner with our customers to deliver enduring solutions…”

Environment + Sustainability

10% reduction

GHG emissions target

Aims to reduce Scope 1 & 2 greenhouse gas emissions by 10% by 2026 compared to 2021 baseline.

$25 million

Green-energy investment

Committed to $25 million for green-energy projects, including 20,000 solar panels across 8 sites.

7% reduction

Water consumption

Achieved a 7% reduction in water consumption as of 2022.

300bps growth

Electric products revenue

Revenue from electric & emissions-reducing products grew 300 basis points vs. 2022, reaching ~15% of total revenue.

Solar installations: e.g., KONI Netherlands >50% site energy from solar since 2023; Italy, US, Korea, Mexico, China active
Energy-efficiency projects: LED lighting, HVAC, water requalification included in 2022 CapEx
Over 17% increase in recycled-material usage (2022 update)