Job Description

Experience : 3-6 Years Job Location : Halol Department : Project Qualification : B.E. /Diploma Mechanical
Roles of Engineer Cost and Estimation in rolling stock/Equipment/ Manufacturing industries.

Job Profile / Responsibility

+ To understand product manufacturing processes and develop ground-up cost estimates. + Cost Estimates - By analyzing how much a component should cost to manufacture. Understanding of cost drivers involved such as Material, Time, Labor, Machine and Overhead costs. + Gather proposals, specifications and related documents and co-ordinate with stakeholders to convert specifications to cost estimates for new and current products. + Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data. + Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement. + Investigate and identify cost reduction opportunities through cost analysis review. + Actively contributes to the development and support of cost estimating processes, bench marking, and cost estimating tools and look at ways to make improvements. + Analyze supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimization. + Support all activities in cost engineering and take a proactive approach towards improvements. + Provide cost estimates during the change process and advise on the cost impact of changes. Track and monitor activity. + Work with stakeholders to ensure estimates are accurate and to make appropriate adjustments * to resolve issues.