:

2-4 years of experience in estimation software AutoCAD or solidworks is compulsory .

Overall Purpose of the Role:

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 others.

Job holders in this role may take responsibility for a limited amount of components within the design and manufacturing process. More senior roles hold more responsibility and accountability and have a larger remit in terms of components and financial accountability.

Key Responsibilities

General and Task Management

 Determine cost estimate targets during the design and development process, recommending cost effective solutions

 Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for current 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

 Monitor and review data and information to detect or assess problems

 Investigate and identify cost reduction opportunities through cost analysis review

 Contribute to cost monitoring and reporting systems and procedures and monitor trends

 Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business

 Support all activities in cost estimating and take a proactive approach towards improvements

Relationship Management





 Liaise with stakeholders and support management decisions by providing appropriate cost information and data

 Provide cost estimates during change process and advise of cost impact of changes. Track and monitor activity

 Work with stakeholders to ensure estimates are accurate and to make appropriate adjustments and resolve issues

 Analyse supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimisation.

 Ensure supplier quotations meet ‘should cost’ estimates

 Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs

 Support and utilise experience to aid best practice in the supplier process in conjunction with members of the purchasing team

 Liaise with purchasing department to provide continued feedback to ensure competitive pricing

Self-Management

 Adhere to any health, safety and environmental policies and procedures to ensure the safety and wellbeing of self, staff and visitors

 Assertive, resilient and welcomes change

 Engages interest and participation of others and has a collaborative approach to working with others

 Proactively contributes to the team

 Actively committed to teams development

 Is self aware and optimistic

 Shows moral courage, openness and honesty in all dealings

Skills and Attributes

 Good communication skills with the ability to form and maintain good relationships internally and externally

 Good interpersonal, negotiation and influencing skills

 Commercially and financially aware

 Strong analytical skills

 Strong technical mindset and able to read and interpret technical data and translate to others

 Highly numerate with the ability to research, assemble manage and manipulate numerical information

 Knowledge of estimating techniques

 Results orientated and organised with the ability to deliver against deadlines

 Robust attention to detail and accuracy skills

 Project management skills

📌 Cost Estimation Engineering & Design (Vadodara)
🏢 Actide International
📍 Vadodara