About the job
This role is responsible for preparing accurate cost estimates for manufacturing projects by analyzing
product designs, production processes, materials, and labor. The ideal candidate will have a
background in industrial engineering and a strong understanding of cost analysis, manufacturing
operations, and process optimization.
Essential Functions and Responsibilities:
• Analyze engineering drawings, specifications, bills of materials (BOMs), and process routings
to prepare detailed cost estimates.
• Determine manufacturing costs by evaluating labor, materials, equipment usage, and
overhead expenses.
• Collaborate closely with engineering, production, purchasing, and finance teams to gather
accurate cost data.
• Support new product development by estimating costs during the design and prototyping
phases.
• Maintain and update cost databases, historical cost records, and estimation templates.
• Identify and recommend opportunities for cost reduction and process improvement.
• Assist with make-or-buy analysis and vendor cost comparisons.
• Ensure compliance with internal cost standards, customer requirements, and industry best
practices.
Skills, Qualifications, and Experience Requirements:
• 2–5 years of experience in cost estimation or industrial engineering within a manufacturing
environment.
• Strong knowledge of manufacturing processes such as metal fabrication, welding, machining,
and assembly.
• Planning and organization: an ability to plan and manage multiple projects.
• Problem analysis and problem resolution.
• Excellent interpersonal and communication skills.
• Computer proficiency: Word, Excel and ERP systems.