GET - Costing (Hosur)

GET - Costing (Hosur)

23 Oct
|
India Nippon Electricals
|
Hosur

23 Oct

India Nippon Electricals

Hosur

As a Graduate Engineering Trainee at India Nippon Electricals, you will be part of a energetic team focused on developing innovative solutions in the electrical and electronics sector. The role involves working closely with experienced engineers to gain hands-on experience in design, manufacturing, and quality assurance processes. You will assist in various projects aimed at improving product performance and efficiency while adhering to industry standards.

- Cost Estimation
- Assist in preparing product cost estimates for RFQs and new business opportunities.
- Prepare detailed cost break-up including raw material, bought-out parts, manufacturing, tooling, packaging, logistics, and overheads.
- Support cost updates based on engineering changes and supplier price revisions.

- Cost Analysis

- Perform cost analysis of existing products to identify cost reduction opportunities.
- Compare estimated cost with actual production cost and analyze variances.
- Support value engineering and cost optimization initiatives.

BOM & Product Data Management

- Prepare and validate Bill of Materials (BOM) for costing.
- Verify component weights, material grades, and process routes.
- Maintain costing master data and product databases.





- Supplier Costing Support

- Assist in analyzing supplier quotations.
- Prepare cost comparison statements for alternate suppliers.
- Support supplier cost benchmarking and negotiations through data analysis.

- Manufacturing Cost Analysis

- Understand manufacturing processes such as:
- Forging
- Machining
- Heat Treatment
- Surface Treatment
- Assembly
- Injection Moulding
- Stamping
- Collect process cycle times and production data for costing.

- Customer Quotation Support

- Assist in preparation of customer quotations.
- Coordinate with Sales, Engineering, Purchasing, and Production departments for required costing inputs.
- Support commercial discussions by providing cost analysis.

- Data Analysis & Reporting

- Prepare MIS reports and costing dashboards.

- Generate reports on:

- Product profitability
- Material cost trends
- Supplier price changes
- Cost variance analysis
- Use Excel for data analysis and report preparation.

- ERP & Documentation

- Update costing data in ERP/SAP.
- Ensure documentation is accurate and traceable.

📌 GET - Costing (Hosur)
🏢 India Nippon Electricals
📍 Hosur

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