Role & responsibilities

- Prepare product and component costing based on BOM, drawings, specifications and manufacturing process.
- Develop should-cost models for fabricated, machined, sheet metal and bought-out components.
- Analyse material consumption, material yield, scrap and wastage for costing.
- Calculate process-wise costs including cutting, bending, fabrication, welding, machining, grinding, painting and assembly.
- Develop costing for heavy fabricated structures and sheet metal components used in construction/heavy equipment.
- Calculate cycle time, labour cost, Machine Hour Rate (MHR), consumables and manufacturing overheads.
- Review and validate supplier quotations and cost break-ups against internally calculated should cost.
- Identify cost gaps and support commercial negotiations with suppliers.
- Analyse major cost drivers and recommend opportunities for cost reduction and process optimisation.
- Support target costing for recent products and engineering changes.
- Work with Design/Engineering teams to understand product specifications and evaluate design-to-cost opportunities.
- Support VA/VE initiatives, alternate material evaluation and process optimisation.




- Provide costing inputs for make-or-buy decisions, localization and alternate supplier development.
- Maintain databases for material prices, process rates, labour rates, MHR, cycle times and supplier benchmarks.
- Track changes in steel/material prices and manufacturing costs and update costing models.
- Prepare cost comparison, supplier benchmarking and cost-reduction reports for management.

Preferred candidate profile

- B.E./B.Tech in Mechanical / Production / Industrial Engineering.
- 1020 years of experience in Product Costing / Should Costing / Cost Engineering / Supplier Costing.
- Strong preference for candidates from Construction Equipment, Heavy Engineering, Heavy Fabrication, Industrial Machinery or Capital Equipment manufacturing.
- Strong ability to read and understand engineering drawings and manufacturing processes.
- Advanced MS Excel skills; ERP/SAP exposure preferred.
- CMA / Cost Accounting knowledge will be an added advantage.
- Strong analytical, commercial and negotiation skills.

📌 Assistant General Manager - Should Costing Engineer (Coimbatore)
🏢 Propel Industries
📍 Coimbatore