Roles & Responsibilities:Cost Estimation & Quotation EngineerJob location: Pune- Bhosari.Analyze customer requirements, technical drawings, and specifications.Prepare cost estimates for materials, labor, overhead, and additional expenses.Develop quotations and pricing models for clients.Material Cost Analysis:Identify the best materials and suppliers to optimize costs.Maintain an updated database of material costs.Negotiate with suppliers to get competitive pricing.Process Costing & Optimization:Evaluate different fabrication methods (laser cutting, bending, welding, powder coating, etc.) to determine cost-effective solutions.Optimize manufacturing processes to reduce waste and increase efficiency.Collaborate with the production team to identify cost-saving opportunities.Labor & Machine Costing:Calculate labor costs based on production time and complexity.Assess machine operation costs, including depreciation, power consumption, and maintenance.Profitability & Budgeting:Ensure that pricing includes adequate profit margins while remaining competitive.Monitor costs against budgets and recommend adjustments as needed.Conduct break-even analysis and cost-benefit studies.BOM (Bill of Materials) & Cost Database Management:Prepare and update BOM for different products.Maintain a structured cost database for future reference.Customer & Sales Support:Work closely with the sales and marketing teams to provide pricing strategies.Support customers by explaining cost breakdowns and justifying pricing.Cost Reduction & Continuous Improvement:Identify areas for cost reduction in design and manufacturing.Implement lean manufacturing techniques to enhance cost efficiency.