Costing Engineer
PSIPL
3 - 5 yrs
₹3L - ₹4.2L / yr
Chennai
Skills
GD&T
Product costing
BOM
AutoCAD
Manufacturing
Product Strategy
Estimating
Mechanical engineering
Our Client, is a leading manufacturer of high-quality stainless-steel kitchenware, sheet metal products, and industrial components. With a strong legacy of innovation and manufacturing excellence, we cater to both domestic and global markets.
We are looking for a competent and detail-driven Costing Engineer Mechanical Engineer with 3+ years of experience in the manufacturing industry preferably sheet metal. The role focuses on accurate costing of components and assemblies made from stainless steel and other materials, ensuring competitive pricing and cost control.
Key Responsibilities:
- Analyze engineering drawings and specifications to prepare detailed cost estimates for sheet metal parts and assemblies.
- Evaluate raw materials, laser cutting, bending, welding, powder coating, and assembly, punching, deep drawing, TIG welding, buffing/polishing costs.
- Collaborate closely with production, procurement/purchase and design teams for costing inputs and feasibility analysis.
- Analyse cost variances and suggest cost optimization strategies.
- Coordinate with suppliers and vendors for material pricing and rate negotiations.
- Support the sales team by providing costing details for RFQs and pricing decisions. Maintain and update costing records using ERP tools.
- Assist in budgeting and pricing strategies for new and existing products.
Qualifications and Skills:
- B.E./B.Tech in Mechanical Engineering or equivalent.
- Minimum 3 years of experience in costing within the sheet metal/stainless steel manufacturing domain.
- Strong understanding of manufacturing processes and shop floor operations.
- Experience with costing software and MS Excel
- Ability to interpret engineering drawings and BOMs.
- Strong analytical, documentation, and coordination skills.
- Positive attitude and commitment to continuous improvement.
- Proficient in reading and interpreting technical drawings (AutoCAD/SolidWorks).
- Knowledge of fabrication processes shearing, punching, bending, welding, powder coating.
- Good negotiation and vendor management skills.
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