Key Responsibilities

- Prepare accurate product costing for sofas, chairs, recliners, and other upholstered furniture.

- Calculate material, labour, overhead, and manufacturing costs to arrive at the overall product cost.

- Develop and maintain BOM (Bill of Materials) and costing sheets for new and existing products.

- Estimate consumption of key materials such as fabric, leather, foam, wood, plywood, hardware, springs, adhesives, and other components.

- Coordinate with Design, Production, Purchase, Quality, and Sales teams to gather accurate cost inputs.

- Analyze vendor quotations and material prices and incorporate the latest rates into costing.

- Conduct cost variance analysis between estimated and actual production costs.

- Identify opportunities for cost reduction and process optimization without compromising product quality.

- Review product specifications, drawings, and construction details to assess their impact on cost.

- Support the development and costing of new products and customized furniture.

- Maintain accurate costing databases and ensure timely revision of costs based on changes in material prices, processes, or specifications.





- Assist in setting appropriate selling prices and margins by providing reliable cost data.

- Monitor wastage, material consumption, and production efficiency to identify cost leakages.

- Prepare regular costing reports and management MIS as required.

Key Skills & Competencies

- Strong understanding of product costing and cost accounting principles.

- Good knowledge of BOM, material consumption, labour costing, overhead allocation, and variance analysis.

- Understanding of upholstered furniture manufacturing and its components will be an advantage.

- Strong MS Excel skills, including formulas and data analysis.

- Good analytical and numerical skills with solid attention to detail.

- Ability to understand technical drawings, product specifications, and manufacturing processes.

- Strong coordination and communication skills.

- Ability to work with large volumes of data and meet deadlines.

- Commercial awareness and a strong focus on cost optimization.

Educational Qualification

- Diploma / B.E. / B.Tech in Mechanical, Production, Industrial Engineering, or a related discipline.

- Candidates with relevant experience in manufacturing costing may also be considered.

📌 Costing Engineer (Bhiwandi)
🏢 Furniture Kraft International
📍 Bhiwandi