Cost Estimating Engineer

2 days ago

Bhiwandi, Maharashtra, India Küche7 Manufacturing Full time ₹ 8,00,000 - ₹ 15,00,000 per year

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).
  • Bachelor's 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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