Bid Manager

5 days ago

Singapore CURATE KITCHEN PTE. LTD. Full time

1. The **Bid Manager**plays a crucial role in driving the success of the company’s sales efforts in the manufacturing, institutional catering and catering. She is responsible for costing across all product lines plays a vital role in the company’s bidding strategy. By ensuring accurate cost assessments and competitive pricing, this position directly contributes to the company’s success in securing contracts and maximizing profitability.

**2.**The role of Bid Manager for Curate Kitchen’s group of businesses involves the following responsibilities.

2.1 **Comprehensive Cost Analysis**:

- Conducting detailed cost analyses for all product lines, including raw materials, labour, overhead, and other relevant expenses.
- Developing and maintaining cost models to ensure accurate and consistent pricing across product offerings.

2.2 **Bid Preparation**:

- Leading the preparation of bids and proposals by integrating costing information with strategic input from various departments.
- Ensuring that all bids reflect accurate costs and competitive pricing to enhance the company’s chances of winning contracts.

2.3 **Cross-Department Collaboration**:

- Collaborating with production, procurement, and finance teams to gather necessary data for accurate costing.
- Engaging with sales and marketing teams to understand market demands and align pricing strategies accordingly.

2.4 **Market Research and Benchmarking**:

- Analysing market trends and competitor pricing to inform the costing strategy and ensure competitiveness.
- Benchmarking costs against industry standards to identify areas for improvement and cost-saving opportunities.

2.5 **Costing Documentation**:

- Documenting all costing methodologies and assumptions used in bids for transparency and future reference.
- Maintaining records of past bids, including costs and outcomes, to inform future pricing strategies.

2.6 **Profitability Assessment**:

- Evaluating the profitability of bids and product lines, identifying risks, and proposing strategies to mitigate them.
- Providing insights on cost drivers and potential areas for margin improvement.

2.7 **Presentation and Reporting**:

- Preparing reports and presentations for senior management to communicate bidding outcomes and pricing strategies.
- Articulating the rationale behind pricing decisions and cost structures to stakeholders.

2.8 **Continuous Improvement**:

- Analysing bid outcomes and feedback to refine costing processes and improve future bids.
- Implementing best practices in costing and bidding to enhance efficiency and accuracy.

2.9 **Training and Support**:

- Providing training and support to team members involved in the bidding process on costing methodologies and tools.
- Promoting a culture of knowledge sharing to enhance overall team performance.

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