COSTING ENGINEER (JIGS & FIXTURES)

Larsen & Toubro; Coimbatore District; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Larsen & Toubro seeks a Costing Engineer for Jigs & Fixtures in Tamil Nadu to develop Should-Cost models for specialized tooling used in electronics assembly lines. You will analyze drawings, estimate materials and manufacturing costs, and coordinate with Design, Procurement and Finance to stay within budget.

The role emphasizes Make vs Buy analyses, Value Engineering, and maintaining a live vendor cost database to drive cost savings while preserving precision and safety.

Qualifications

• Engineering degree in Mechanical/Mechatronics/Production Eng.
• 3-5 years of costing experience in high-precision tooling or electronics assembly.
• Advanced MS Excel with Pivot/Macro and ERP system proficiency (SAP/Oracle). CAD measurement with SolidWorks/AutoCAD.

Responsibilities

• Estimate costs for fabricated/ bought-out parts (metallic & non-metallic) including materials, machining, finishing.
• Estimate man-hours for assembly, pneumatic plumbing, and electrical wiring; account for fixture testing and calibration.

Skills

Costing expertise

Vendor negotiation

Cross-functional collaboration

Attention to detail

Education

B.E./B.Tech in Mechanical/Mechatronics/Production Eng

Tools

MS Excel (Macro/Pivot)

ERP systems (SAP/Oracle)

SolidWorks/AutoCAD

Job description

ROLE SUMMARY

The Costing Engineer - Jigs & Fixtures is responsible for the end-to-end financial estimation of specialized tooling required for electronic assembly lines. This role involves analyzing technical drawings, calculating manufacturing costs for custom parts, and budgeting for complex automation components. The goal is to provide accurate "Should-Cost" models that ensure high-quality assembly solutions are delivered within budget.

CORE RESPONSIBILITIES

• Component & Material EstimationFabricated 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 CostingEstimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring.Factor in costs for fixture testing, calibration, and $Cpk/Ppk$ validation runs.
• Strategic Financial AnalysisConduct 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.TECHNICAL REQUIREMENTSEducation:B.E./B.Tech in Mechanical, Mechatronics, or Production Engineering.Experience:3-5 years in costing, specifically within high-precision tooling or electronics assembly.Software Proficiency:* Advanced MS Excel (Macro/Pivot tables) and ERP systems (SAP/Oracle).Ability to view and measure parts using CAD software (SolidWorks/AutoCAD).Process Knowledge:Deep understanding of milling, turning, grinding, and surface treatments.KEY PERFORMANCE INDICATORS (KPIs)Estimation Accuracy:Variance between estimated cost and actual procurement cost.Turnaround Time:Speed of providing quotes for new assembly line projects.Cost Savings:Success in identifying 5-10 %$ annual savings through Value Engineering.BEHAVIORAL COMPETENCIESHigh attention to detail (zero-error mindset).Strong negotiation skills for dealing with external vendors.Ability to collaborate effectively between Design, Procurement, and Finance teams.