Cost Estimator

Job Title: Cost Estimator

About the role

Under general supervision, prepares cost quotes for manufactured product in the LaFox facility.

Responsibilities

• Follows prescribed methods and procedures in developing tool costs for the final quote preparation.
• Prepares cost analysis using quote template to calculate material, labor, subcontracting.
• Reviews documents and data to ensure understanding of scope of work of all quotes.
• Collections and assembles all estimated costs that are associated with each project.
• Obtains pricing for materials and bids from subcontractors.
• Reviews quotes and revisions for completeness and accuracy.
• Basic understating of manufacturing processes and product flow in a job shop type environment.
• Prepare information and enter into ERP system; this includes calculating raw material usages based on various units of measures, analyzing labor time including audit of work as needed to ensure data accuracy.
• Coincide with Procurement to assure that flow of materials and accuracy of costs are up to date.
• Process product revision and version changes using the ECR/ECO system.
• Submit Cost Quotes to Product Management as directed by Manager.
• Be responsible for projects as directed by the Quoting Manager or Vice President of Manufacturing.

Qualifications

• Associates degree or equivalent education and 2+ years of experience.
• Experience/strong knowledge of supply chain concepts, MRP systems and Bill of Materials (BOM).
• Proficient in Microsoft Office products, Excel, Word, Visio, Project.
• Possess strong organizational and analytical skills with a high level of accuracy and attention to detail.
• Ability to prioritize and handle multiple duties/projects at one time.
• Hold excellent written and verbal communication skills.

About Richardson Electronics

Richardson Electronics, Ltd. is a leading global manufacturer of engineered solutions, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components including green energy solutions; high-value replacement parts, tubes, and service training for diagnostic imaging equipment; and customized display solutions. More than 60% of our products are manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, or by one of our manufacturing partners throughout the world. All our partners manufacture to our strict specifications and adhere to our supplier terms and conditions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com. Our manufacturing facility operates under lean manufacturing principles, which means we are focused on efficiency, continuous improvement, and meeting customer demand in real time. As part of our team, you may be asked to flex between different areas or responsibilities depending on production needs. This flexibility is key to how we maintain a responsive, high-performing operation.

Equal Opportunity Commitment

We are committed to fostering a workplace where all employees have equal opportunities to succeed, grow, and contribute. We believe in creating an environment where every individual is valued, respected, and supported. By promoting fairness, inclusivity, and a culture of mutual respect, we ensure that our employees, customers, and the communities we serve can achieve their goals.

Pay Range

$28-$30 per hour plus incentive

Benefits

• Comprehensive health insurance with multiple PPO and HSA plan options, as well as dental and vision coverage.
• Flexible spending accounts (FSA), life insurance, voluntary life insurance, short- and long-term disability (STD & LTD), an employee assistance program (EAP), smoking cessation support, weight management program, pet insurance, LifeLock identity protection, and a 401(k)-retirement plan.
• Generous vacation time, sick/personal days, 10 paid holidays, and tuition reimbursement to support ongoing education and work-life balance.