Prepare detailed product costing including BOM, labor, and overheads
Conduct time study and work measurement for accurate labor costing
Analyze cycle time, manpower utilization, and line efficiency
Develop and maintain standard cost models for products
Support RFQ/quotation with competitive and accurate costing
Perform cost breakdown and margin analysis
Identify cost reduction opportunities through process improvements
Work on line balancing and productivity improvement initiatives
Compare actual vs standard cost and perform variance analysis
Support value engineering and localization activities
Collaborate with production, planning, sourcing, and finance teams
Update and maintain costing data in ERP systems
Analyze impact of ECN changes on product costing
Prepare MIS reports, dashboards, and cost analysis for management
Drive continuous improvement initiatives to optimize cost and efficiency
📌 Engineer - IE Costing (India)
🏢 Larsen and Toubro
📍 India
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