COSTING ENGINEER (JIGS & FIXTURES)

Larsen & Toubro; Bengaluru; On-site; INR 800,000 - 1,100,000; Full time

Job summary

Larsen & Toubro in Bengaluru seeks a cost-focused procurement/financial analyst to estimate part costs, source benchmarks, and perform Make vs Buy analyses. The role involves evaluating metal and non-metal parts, coordinating with suppliers for price benchmarking, and applying value engineering to reduce costs while preserving safety and precision.

The candidate will also estimate assembly man-hours, validate costs for fixtures, and maintain vendor quote databases to support strategic financial

Qualifications

• Calculate costs for metallic and non-metallic parts by material weight, processes, and finishing.
• Source and benchmark prices for mechanical, pneumatics, automation, and electrical components.
• Estimate man-hours for mechanical assembly and wiring.
• Conduct Make vs Buy analyses and VA/VE to reduce costs without sacrificing safety.

Responsibilities

• Fabricated Parts: Calculate costs for metallic (Al, SS) and non-metallic parts by evaluating material weight, machining cycles (CNC/VMC), and finishing processes.
• Bought-Out Items: Source and maintain price benchmarks for mechanical, pneumatics, automation, and electrical components.
• Assembly & Validation Costing
• Estimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring.
• Factor in costs for fixture testing, calibration, and $Cpk/Ppk$ validation runs.
• Strategic Financial Analysis
• Conduct Make vs. Buy analyses for custom fixture components.
• Perform Value Engineering (VA/VE) to suggest lower-cost alternatives for non-critical parts without sacrificing precision or safety.
• Maintain a live database of vendor quotes and historical cost data.

Skills

Cost estimation

Sourcing

Vendor management

Make vs buy analysis

Value engineering

Costing of assemblies

Quality data understanding

Data management

Tools

MS Excel

ERP costing module

CAD/CAM awareness

Job description

Core Responsibilities

• Fabricated Parts: Calculate costs for metallic (Al, SS) and non-metallic (ESD plastics, Delrin) parts by evaluating material weight, machining cycles (CNC/VMC), and finishing processes.
• Bought-Out Items: Source and maintain price benchmarks for:
  • Mechanical: Bearings, linear rails, and precision slide ways.
  • Pneumatics: Cylinders, DCV valves, and manifold systems.
  • Automation: PLCs, sensors (proximity/optical), magnets, and HMI units.
  • Electrical: Push buttons, switches, wiring harnesses, and connectors.
• Assembly & Validation Costing
• Estimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring.
• Factor in costs for fixture testing, calibration, and $Cpk/Ppk$ validation runs.
• Strategic Financial Analysis
• Conduct Make vs. Buy analyses for custom fixture components.
• Perform Value Engineering (VA/VE) to suggest lower-cost alternatives for non-critical parts without sacrificing precision or safety.
• Maintain a live database of vendor quotes and historical cost data.