Role & responsibilities

1. Engineering Drawing & Product Study

- Study engineering drawings, specifications, dimensions, tolerances and customer requirements.
- Understand product construction and identify all manufacturing requirements from the drawing.
- Identify special processes, critical dimensions, inspection requirements and manufacturing challenges.
- Assess Design for Manufacturing (DFM) opportunities and manufacturing feasibility.

2. Manufacturing Process Development

- Develop the complete manufacturing process from raw material to finished product.
- Define the sequence of operations such as cutting, forming, pressing, bending, machining, drilling, welding, fabrication, surface treatment, assembly and inspection.
- Determine internal manufacturing versus subcontracting requirements.
- Develop practical and cost-effective manufacturing routes.

3. Material Identification & Consumption

- Identify material grade, thickness, size and specification from engineering drawings.
- Calculate material quantity, weight, consumption, yield and expected scrap.
- Evaluate material alternatives and optimize material utilization.
- Establish accurate material requirements for costing.

4. Machine, Operation & Cycle-Time Assessment

- Identify machines and equipment required for each manufacturing operation.
- Determine operation-wise cycle time, setup time and processing requirements.
- Assess manpower requirements and machine loading.
- Consider tooling, fixtures, jigs and special equipment requirements.

5. Manufacturing Process Costing

- Calculate machine operating cost, labour cost, processing cost and setup cost.
- Include tooling, fixture, welding/fabrication, surface treatment, inspection, packing and subcontracting costs.
- Develop accurate operation-wise and product-wise manufacturing costs.
- Maintain clear costing assumptions and calculation logic.

6. Complete Product Costing





- Prepare complete product/manufacturing cost based on the developed process.
- Material + Process + Labour + Machine + Tooling/Fixture + Subcontracting + Surface Treatment + Inspection + Packing + Manufacturing Overheads.
- Support commercial teams with technically validated manufacturing cost as the basis for pricing and quotation.
- Review and update costing when drawings, materials or processes change.

7. Cost Optimization & Value Engineering

- Identify opportunities to reduce material consumption, cycle time, labour and processing cost.
- Evaluate alternate materials, manufacturing methods, machine routes and process sequences.
- Improve material yield and reduce scrap and rework.
- Support Value Engineering and Design-to-Cost initiatives.

8. Actual vs Estimated Cost Analysis

- Compare estimated manufacturing cost against actual production cost.
- Identify major cost variances in material, cycle time, labour, machine and subcontracting.
- Work with Manufacturing and Engineering to close recurring costing gaps.
- Maintain a reliable manufacturing cost database.

9. New Product / Customer Enquiry Costing

- Study drawing develop process identify material identify machines/operations determine cycle time calculate process cost calculate complete product cost.
- Support Engineering, Sales and Management with timely and technically robust costing.
- Participate in new product feasibility and manufacturing review.

Preferred candidate profile

- Engineering qualification preferred Mechanical / Production / Industrial Engineering.
- Solid ability to read and interpret engineering drawings.
- Hands-on understanding of sheet metal, press work, bending, laser cutting, welding, fabrication, machining, surface treatment and assembly.
- Strong knowledge of material consumption, process routing, cycle time, labour, machine and manufacturing cost.
- Strong Excel and costing-analysis skills.
- Experience in precision engineering / elevator components is an advantage
- Candidtae having Costing Degree like CWA or CMA is added advantge

📌 Costing Engineer -Operations (Pune)
🏢 Savera India Riding Systems
📍 Pune