Cost Estimation Manager
4 weeks ago
Job Summary
We are seeking a highly skilled Cost Estimation Manager to join our team at Sansera Engineering Limited. The successful candidate will be responsible for developing and analyzing cost estimates for new and existing products, processes, and manufacturing methods.
Key Responsibilities
1. Develop cost estimates for new and existing products, processes, and manufacturing methods.
2. Analyze blueprints, technical drawings, and other specifications to understand the scope and requirements of the project.
3. Collaborate with design and engineering teams to develop accurate cost estimates for new product development and modifications.
4. Evaluate materials, labor, and overhead costs to determine the overall cost of production and manufacturing.
5. Keep up to date with industry trends, market rates, and pricing to ensure accurate and competitive cost estimates.
6. Create and maintain a cost database for all materials, processes, and services related to the production and manufacturing activities.
7. Coordinate with procurement and supply chain teams to obtain accurate cost information for raw materials, components, and services.
8. Provide input and support for continuous improvement initiatives to streamline processes and reduce production costs.
9. Prepare and present cost estimation reports and proposals to senior management and stakeholders.
Requirements
1. Bachelor's degree in Engineering - Mechanical, Automobile, or Production.
2. Minimum of 4 years of experience in cost estimation, preferably in the automotive or aerospace industry.
3. Strong knowledge of manufacturing processes, materials, and supply chain management.
4. Proficient in reading and interpreting technical drawings, blueprints, and specifications.
5. Excellent analytical and problem-solving skills.
6. Advanced proficiency in Microsoft Excel and other cost estimation software.
7. Strong communication and presentation skills.
8. Ability to work effectively in a team environment and collaborate with cross-functional teams.
9. Strong attention to detail and a high level of accuracy in cost estimation.
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