Estimation Manager
4 days ago
ESTIMATION MANAGER
Responsibilities:
Evaluation & Feasibility check of new RFQs received from the Design Team.
Calculate machining time based on established process
Detailed time study of all the manufacturing process to determine cost including admin and in-direct costs
Take ownership of costing tasks and deliverables while leading a team of engineers.
Develop reports and highlight KPIs to the management
Accurately monitor Actual vs Estimated Values
Identify Cost saving opportunities
Inter-Department co-ordination with Design, Production, Procurement, Stores & Finance
Maintain the data of all the materials and processes, update whenever required
Develop a separate cost sheet from scratch of non-standard and highly customized projects
Technical Skills
- Cost Estimation & Budgeting: Proficiency in calculating production costs, including labor, materials, equipment, and overheads.
- Engineering Knowledge: Understanding of manufacturing processes, production systems, or relevant engineering principles (e.g., mechanical, industrial, sheet metal).
- Data Analysis: Ability to analyze production data, historical costs, and performance metrics to create accurate estimates.
- Project Management: Familiarity with project planning tools (e.g., MS Project) and methodologies to estimate timelines and resource allocation.
- Technical Drawing & CAD: Ability to read and interpret technical drawings, blueprints, or CAD models to assess production requirements.
Software Proficiency:
Estimation tools (e.g., CostX, Sage Estimating, or in-house software).
- ERP systems for resource planning.
- Spreadsheet software (e.g., Excel, Google Sheets) for cost modeling and calculations.
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