Costing Engineer - Manufacturing

Talent Corner HR Services Private Limited; Bengaluru; On-site; INR 500,000 - 1,100,000; Full time

Job summary

Talent Corner HR Services Private Limited is seeking a cost estimator to prepare manufacturing cost estimates for new and existing mechanical components. You will analyze 2D drawings, 3D CAD models, and customer specifications to derive material, process, and machining costs.

You will estimate cycle times for CNC turning, milling, wire EDM, HMC, and other processes, calculate machine-hour costs, and prepare cost breakdowns for components and assemblies. Proficiency in Excel required.

Qualifications

• Manufacturing cost estimation and cost breakdown analysis.
• Knowledge of mechanical manufacturing processes.
• Cost estimation for CNC and conventional machining processes.
• Engineering drawing interpretation.
• RFQ analysis and quotation preparation.
• Machining cycle time estimation.
• Knowledge of Excel-based costing models.

Responsibilities

• Prepare manufacturing cost estimates for new and existing mechanical components.
• Analyze 2D engineering drawings, 3D CAD models, and customer specifications
• Analyze machining sequences and manufacturing process plans.
• Calculate raw material requirements based on component dimensions and material grade, and estimate raw material weight and Cost.
• Estimate operation-wise cycle times for CNC turning, CNC milling, Wire EDM, HMC, boring, grinding, and other manufacturing processes.
• Calculate machine-hour costs and machining costs based on cycle time and machine rates.
• Calculate component-wise and operation-wise manufacturing costs.
• Prepare cost breakdowns for individual components, subassemblies, and finished products.

Skills

Manufacturing cost estimation

Cost breakdown analysis

Engineering drawing interpretation

RFQ analysis and quotation preparation

Machining cycle time estimation

Excel-based costing models

Tools

Microsoft Excel

AutoCAD

CREO

Siemens NX

Job description

Key Responsibilities

• Prepare manufacturing cost estimates for new and existing mechanical components.
• Analyze 2D engineering drawings, 3D CAD models, and customer specifications
• Analyze machining sequences and manufacturing process plans.
• Calculate raw material requirements based on component dimensions and material grade, and estimate raw material weight and Cost.
• Estimate operation-wise cycle times for CNC turning, CNC milling, Wire EDM, HMC, boring, grinding, and other manufacturing processes.
• Calculate machine-hour costs and machining costs based on cycle time and machine rates.
• Calculate component-wise and operation-wise manufacturing costs.
• Prepare cost breakdowns for individual components, subassemblies, and finished products.

Required Technical Skills

• Manufacturing cost estimation and cost breakdown analysis.
• Knowledge of mechanical manufacturing processes.
• Cost estimation for CNC and conventional machining processes.
• Engineering drawing interpretation.
• RFQ analysis and quotation preparation.
• Machining cycle time estimation.
• Knowledge of Excel-based costing models.

Software Skills

• Microsoft Excel, including formulas, lookup functions, and pivot tables.
• AutoCAD, CREO or Siemens NX for drawing interpretation.