Description
– Cost Estimator Position Title: Cost Estimator or Senior Cost Estimator
Department: Cost Estimation
Reporting To: Head of Cost Estimation
Position Summary
The Cost Estimator is responsible for developing accurate and reliable material cost estimates for products, proposals, and purchasing activities within the capital equipment business. The role supports Strategic Sourcing, Purchasing, Product Line Management, and Proposal teams by providing structured material cost analysis, cost models, and cost transparency to support competitive proposals, and sourcing decisions.
The Cost Estimator works closely with cross-functional stakeholders to analyze product cost structures, support cost-out initiatives, and continuously improve cost estimation methodologies using historical purchasing data, supplier quotations, market trends, and execution feedback.
This role is critical in supporting proposal competitiveness, sourcing strategy development, purchasing effectiveness, and material cost accuracy.
Key Responsibilities
Supplier Material Cost Estimation




Develop material cost estimates for externally sourced components, fabricated items, equipment, and major assemblies used in proposals and projects. Analyze supplier quotations, historical purchasing data, market conditions, manufacturing methods, and sourcing strategies to develop reliable material cost estimates. Prepare structured cost breakdowns for externally sourced products and components. Support Strategic Sourcing in supplier evaluations, sourcing strategies, supplier negotiations, and cost reduction initiatives through cost analysis and should-cost support. Maintain cost estimation assumptions and supporting documentation for externally sourced items. Support proposal activities by providing accurate material cost estimates for purchased components and equipment. Internal Manufacturing Cost Coordination
Coordinate with internal manufacturing shops to obtain manufacturing cost estimates for internally pro

📌 Cost Estimation Engineer (Chennai)
🏢 544 FLSmidth Private
📍 Chennai