Machining Estimation Engineer

Joscotec Engineering Services; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Joscotec Engineering Services seeks a detail-oriented Costing Engineer to estimate manufacturing costs for turned, milled, ground, and multi-axis machined parts from engineering drawings and CAD models.

You will analyze supplier quotes, support value engineering, and collaborate with cross-functional teams to ensure cost-effective product development from concept to production. 2–4 years of relevant experience is preferred.

Qualifications

• Bachelor's degree in Mechanical Engineering, Industrial Engineering, Manufacturing Technology, or related field.
• 2–4 years of hands-on experience in manufacturing cost estimation, process planning, or production engineering in machining/CNC environment.
• Strong understanding of CNC machining: Turning, Milling, Drilling, Grinding, EDM.
• Proficiency reading/interpreting complex engineering drawings, GD&T, and CAD models.
• Familiarity with machine shop economics: machine hour rates, overheads, labor costs, tooling amortization.

Responsibilities

• Develop bottom-up manufacturing cost estimates for machined parts from drawings/CAD models.
• Calculate cycle times using material removal rates, tooling, setup times, and tool changeover.
• Evaluate processes and routings for cost effectiveness; consider heat treatment, finishing, and inspection.

Skills

Analytical thinking

Detail-oriented

Cost consciousness

Team collaboration

Education

Bachelor's degree in Mechanical Engineering

Tools

CAD software

GD&T

CMM inspection

Job description

Job Summary

We are seeking a detail-oriented and analytical Costing Engineer with deep expertise in precision machining and manufacturing processes. In this role, you will estimate the manufacturing costs of various machined components, analyze supplier quotes, support value engineering initiatives, and collaborate with cross-functional teams to ensure cost-effective product development from concept to production.

Key Responsibilities

Cost Estimation & Quotation

Develop accurate, bottom-up manufacturing cost estimates for turned, milled, ground, and multi-axis machined parts from engineering drawings and CAD models.

Calculate cycle times based on material removal rates, cutting speeds, feeds, setup times, and tool changeover.

Estimate raw material requirements, scrap rates, and material utilization (e.g., bar stock, forgings, castings).

Process & Operation Analysis

Evaluate manufacturing feasibility and recommend the most cost-effective machining processes and routings.

Account for secondary operations such as heat treatment, surface finishing, plating, deburring, and quality inspection (CMM).

Data Management & Reporting

Maintain and update cost databases, standard labor rates, machine hour rates, and material price trends.

Prepare comprehensive cost variance reports and bid summaries for management review.

Required Qualifications & Skills

Education

Bachelors degree in Mechanical Engineering, Industrial Engineering, Manufacturing Technology, or a related field.

Experience

2 to 4 years of hands-on experience in manufacturing cost estimation, process planning, or production engineering within a machining/CNC environment.

Technical Knowledge

Strong understanding of CNC machining processes (Turning, Milling, Drilling, Grinding, EDM).

Proficiency in reading and interpreting complex engineering drawings, GD&T (Geometric Dimensioning and Tolerancing), and CAD models.

Familiarity with various engineering materials (stainless steels, aluminum, titanium, plastics).

Working Knowledge

Working knowledge of machine shop economics (machine hour rates, overheads, labor costs, tooling amortization).