Cost Estimation Manager (Precision Component, Machining)

Position Title: Cost Estimation Manager, Precision Component, Machining Company: Senwell Exports Private Limited Location: Wagholi Kesnand, Pune Experience: 10 to 15 Years Industry: Aerospace / Oil & Gas / Precision Engineering / Manufacturing Job Description: Senwell Exports Private Limited, a leading manufacturer in the aerospace and oil & gas sectors, is looking for an experienced and detail-oriented Cost Estimation Manager with deep expertise in precision machining . The ideal candidate will play a key role in driving project cost analysis, quote generation, and feasibility evaluation for complex CNC/VMC components. Key Responsibilities: Analyze technical drawings, 3D models, and RFQs to evaluate machining and manufacturing feasibility. Prepare accurate and competitive cost estimations for CNC, VMC, HMC, and other precision machining operations. Determine material, tooling, process, manpower, and cycle time requirements for each component. Develop and maintain cost models based on historical data, benchmarks, and industry trends. Coordinate with design, production, purchase, and quality teams to validate estimates and optimize costs. Liaise with customers for technical clarification and commercial negotiations during the RFQ process. Generate cost breakdowns for quotation proposals and support strategic pricing decisions. Monitor actual vs. estimated cost variance and provide feedback to improve future costing accuracy. Stay updated on machining advancements, cutting tools, and process innovations to enhance cost competitiveness. Required Skills & Competencies: Strong knowledge of precision machining processes, including CNC, VMC, HMC, turning, milling, grinding, etc. Proficient in reading engineering drawings, GD&T, and 3D models (SolidWorks/AutoCAD/CATIA) Hands-on experience in cost estimation, time study, RFQ analysis , and tooling selection Sound understanding of raw materials, surface treatments, and manufacturing processes for aerospace & oil & gas components Knowledge of process planning, cycle time calculation, BOM, routing , and production costing Excellent analytical skills, negotiation capabilities, and communication skills Proficiency in MS Excel , ERP systems, and costing software tools Exposure to AS9100/ISO 9001 quality standards is preferred Educational Qualification: Diploma / BE / B.Tech in Mechanical / Production Engineering or related field Key Skills for Naukri Keywords (for tagging): Cost Estimation, Costing, RFQ, Quotation, CNC Machining, VMC, Precision Components, Aerospace, Oil and Gas, Manufacturing Costing, Process Planning, Engineering Drawings, Tooling, BOM, AutoCAD, SolidWorks, CATIA, Machining Feasibility, Production Costing, AS9100, ISO 9001, Cycle Time Calculation