Array ( [0] => costing-engineer [1] => kolkata ) Costing Engineer Graduate Fresher Jobs in Kolkata

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Costing Engineer

NESTPRO

Mechanical Engineering Industrial Engineering Civil Engineering Cost Estimation Cost Analysis Value Engineering Preferably in The Machinery Manufacturing Industry
Costing Engineer - Vendor Development Constriction DivisionCosting Engineer / ManagerEducationUG: B Tech / B E . Mechanical Engineering, Industrial Engineering, Civil Engineering Experience: 5 to 15 Year Experience NeededSalary: 20k to 60k PMOpening Post 1Job descriptionRole & 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
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