Costing Engineer

NESTPRO

costing engineer - vendor development – constriction division

costing engineer / manager

education

ug: b tech / b e . mechanical engineering, industrial engineering, civil engineering

experience: 5 to 15 year experience needed

salary: 20k to 60k pm

opening post 1

job description

role & responsibilities

• cost analysis:

o analyze and evaluate costs associated with materials, labor, equipment, and overheads required for spm projects.

o knowledge to participate in tender, knowledge to prepare in tender

o implement zero-based costing principles to thoroughly assess all expenses, starting from a baseline of zero, and justify each cost item based on its necessity and contribution to project objectives.

• estimation and quoting:

o develop accurate cost estimates for spm projects based on technical specifications bill of quantities (boq), and manufacturing processes.

o incorporate zero-based costing methodology into the estimation process to ensure that all costs are justified and optimized for maximum value.

• value engineering:

o work closely with design and engineering teams to identify opportunities for value engineering to reduce costs while maintaining or enhancing product performance and quality.

o implement zero-based costing techniques to challenge existing cost assumptions and explore innovative solutions for cost reduction without sacrificing product integrity.

• vendor management:

o liaise with suppliers and subcontractors to obtain competitive pricing for components, materials, and services required for spm manufacturing.

o apply zero-based costing principles when negotiating with vendors to ensure that costs are justified and aligned with project objectives, seeking alternative suppliers if necessary to optimize expenses.

• cost tracking and control:

o develop and maintain cost tracking systems to monitor project expenditures against budgets throughout the product lifecycle.

o utilize zero-based costing methodologies to track and control costs at every

• Experience

  5 - 11 Years

• No. of Openings

  1

• Education

  B.Tech

• Role

  Costing Engineer

• Industry Type

  Real Estate / Property / Construction

• Gender

  Male

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office