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Cost and Estimation Engineer

1 - 3 years

3 - 6 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Analyze technical drawings, BOMs, and specifications to estimate material, equipment, and panel costs. Prepare detailed cost breakdowns for automation projects and production processes. Collaborate with design, engineering, and procurement teams to gather accurate costing data. Evaluate vendors, perform price negotiations, and suggest cost-effective alternatives. Maintain and update costing templates, estimation tools, and databases. Track actual vs. estimated costs and recommend corrective measures for deviations. Solid understanding of electrical and industrial engineering principles. Proficient in cost analysis, vendor negotiation, and budget planning. Hands-on knowledge of automation systems like PLCs, HMIs, SCADA, and industrial panels. Skilled in MS Excel, AutoCAD, E-Plan, and ERP systems (SAP, Oracle, Microsoft Dynamics). Analytical mindset with strong attention to detail. Effective communication, teamwork, and coordination abilities. Bachelor s degree in Electrical, Industrial Engineering, or related field. 1 3 years of experience in cost estimation within manufacturing or industrial automation. Familiarity with production and procurement processes in an engineering environment.

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