Role & responsibilities

Costing & Estimation
Review RFQs, tenders, specifications, and customer requirements from Defence

customers, shipyards, and OEM partners.
Prepare detailed cost estimates covering materials, bought-outs, fabrication,

machining, assembly, testing, logistics, warranty, and overheads.
Develop BOMs, cost sheets, and pricing models for recent bids, repeat orders, and

Product Life Support prospects.
Support bid reviews by identifying commercial risks, assumptions, and cost

drivers.

Supplier Development & Cost Optimization
Source and evaluate supplier quotations through techno-commercial analysis.
Develop and maintain a qualified vendor database for mechanical, hydraulic,

electrical, and marine equipment.
Negotiate pricing, delivery schedules, and commercial terms to achieve cost

competitiveness.
Identify localization and alternate sourcing opportunities to reduce costs and





improve supply resilience.

Commercial & Post-Award Support
Support preparation of commercial proposals, budgetary quotations, and cost

justifications.
Establish project cost baselines and track actual costs against estimates.
Assess cost impacts arising from engineering changes, scope variations, and

customer-driven modifications.
Continuously improve costing models using actual project data and lessons

learned.

Systems & Governance
Maintain standardized costing templates, historical cost databases, and vendor

rate records.
Ensure all estimates are traceable, documented, and audit-ready.
Support management with profitability analysis and pricing strategy

recommendations.

Preferred candidate profile

📌 Assistant Deputy Manager Costing & Estimation Mumbai
🏢 Lloyds Steels
📍 Mumbai