Estimation Engineer

Lathia Rubber; Mumbai; On-site; INR 700,000 - 800,000; Full time

Job summary

A manufacturing company in Mumbai, Maharashtra is seeking an Estimation Engineer to analyze costs and supervise production. The ideal candidate should have strong engineering design knowledge, the ability to meet strict deadlines, and experience in resolving project issues. The role requires collaboration with stakeholders and adherence to budget targets. A full-time position with a salary range of ₹7,00,000 to ₹8,00,000 per annum is offered.

Qualifications

• Strong knowledge of engineering design concepts and practices.
• Ability to work under strict deadlines without compromising quality.
• Experience diagnosing and resolving design issues.

Responsibilities

• Collect and analyze data to estimate manufacturing costs.
• Supervise production activities and provide technical support.
• Review and report cost-related data for problem detection.

Skills

Engineering design concepts

Estimating techniques

Analytical skills

Job description

Direct message the job poster from Lathia Rubber

Responsible to collect and analyse data and information in order to estimate costs associated with manufacturing a product. Works proactively towards cost target objectives in collaboration with key stakeholders and suggest measures to develop cost efficient production practices.

KRA 1: Project Planning

• Identify the estimated cost and specify the final requirements (labour and materials) for a project.
• Develop and implement a schedule that allows the team to execute all the tasks within a specified timeline.
• Determine cost estimate targets during the design and development process, recommending cost effective solutions.

KPI

• Timely proposal of project plan

KRA 2: Cost Estimation and Analysis

• Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products.
• Utilise 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.
• Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts.
• Investigate and identify cost reduction opportunities through cost analysis review.
• Contribute to cost monitoring and reporting systems and procedures and monitor trends.

KPI

• % of adherence to budgets
• Rate of cost reduction

KRA 3: Production Supervision

• Supervise the activities of the production staff and provide technical support.
• Advise if production team face a setback.
• Keep a track of project report and investigate into matters that may cause a delay in the project.

KPI

• Adherence to production schedule
• Achievement of production targets

KRA 4: Documentation and Reporting

• Review and report cost related data and information to detect or assess problems.
• Document and report product related process improvement suggestions.

KPI

• Timely and accurate documentation and reporting

Qualifications

• Strong knowledge of engineering design concepts and practices.
• Knowledge of estimating techniques.
• The ability to work under strict deadlines without letting the shortage of time affect the quality of work.
• Experience diagnosing and resolving design and functional issues arising in the course of a project.
• Strong analytical skills.

Salary Range: 7,00,000/p.a to 8,00,000/p.a.

Seniority level

• Executive

Employment type

• Full-time

Job function

• Engineering and Project Management
• Industries: Manufacturing and Industrial Machinery Manufacturing

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