Cost Estimating Engineer
2 weeks ago
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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