Cost Estimating Engineer

1 day ago

Bhiwandi, India Küche7 Manufacturing Pvt Ltd Full time

Job Title: Cost Estimating Engineer Company: Kuche7 Manufacturing Pvt. Ltd. Location: Bhiwandi Industry: Steel Furniture Manufacturing Experience: 2-8 yrs (In steel furniture manufacturing) Application Process: Interested candidates can share their resume at (HR Varsha) Job Summary: Kuche7 Manufacturing Pvt. Ltd. is seeking a Cost Estimating Engineer with mandatory experience in steel furniture manufacturing . The role involves preparing accurate cost estimates, analyzing production expenses, collaborating with cross-functional teams, and recommending cost-effective solutions. The ideal candidate will have strong analytical skills and a deep understanding of steel furniture production processes. Key Responsibilities: Cost Estimation: Develop and maintain detailed cost estimates during the design and development phases. Analyze proposals, specifications, and design documents to determine cost-effective solutions. Utilize cost management tools and software for precise estimations. Process Evaluation: Evaluate manufacturing processes, tooling expenses, and material costs. Recommend improvements for cost reduction and operational efficiency. Track and compare actual production costs with budget estimates. Data Analysis and Reporting: Monitor cost performance and generate regular reports for management. Provide accurate cost impact assessments during product changes. Collaborate with stakeholders to ensure budget alignment. Vendor Management: Review supplier quotations and ensure alignment with target cost estimates. Support supplier negotiations to achieve competitive pricing. Provide data-backed insights for vendor selection and pricing decisions. Collaboration and Support: Liaise with design, production, and procurement teams to optimize costs. Provide cost-related recommendations during management reviews. Proactively contribute to cost monitoring and process improvement initiatives. Required Qualifications and Skills: Mandatory experience in steel furniture manufacturing (2-5yrs). Bachelors Degree/Diploma in Engineering (Mechanical, Production, or related field). Strong knowledge of cost estimation methodologies and cost management tools. Proficiency in MS Excel and cost modeling software. Excellent analytical, communication, and problem-solving skills. Understanding of steel furniture production processes, materials, and assembly techniques. Experience in vendor negotiation and supplier cost analysis. Ability to work collaboratively in cross-functional teams.

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