Estimation & Costing Manager

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Manager – Estimation & Costing

Key Responsibilities

Technical & Cost Estimation

• Lead the review and analysis of customer RFQs, engineering drawings (2D/3D), 3D models, and technical specifications to determine manufacturing feasibility.
• Provide expert-level interpretation of GD&T, tolerances, surface finishes, CTQs, and manufacturability constraints.
• Oversee preparation of detailed cost sheets for CNC machining (turning, milling, drilling) and sheet metal stamping operations.
• Approve cycle-time estimates, tooling requirements, die/tool costs (for stamping), and fixture and jig requirements.
• Evaluate raw material requirements, utilization, scrap allowance, and buy sizes, ensuring optimal material costing.
• Validate and release quotation documents, including cost breakdowns, margins, and commercial assumptions.
• Review customer change requests and support re-costing exercises as required.

Cross-Functional Coordination & Leadership

• Lead coordination with production, quality, purchase, and tool room teams to gather accurate operational inputs.
• Guide and mentor the costing team in technical interpretation, estimation techniques, and process development.
• Collaborate with the sales team during techno-commercial discussions and customer negotiations.
• Engage with customers to clarify RFQs, address technical queries, and align cost assumptions with requirements.
• Ensure timely submission of cost estimates and quotations within defined lead times.

Process Improvement & Standardization

• Standardize costing methodologies, templates, and estimation tools for consistency across RFQs.
• Maintain, monitor, and periodically update a comprehensive cost database for materials, tooling, machine rates, and overheads.
• Drive continuous improvement in estimation accuracy through data-driven analysis and benchmarking.
• Provide DFM (Design for Manufacturability) recommendations to enhance manufacturability and reduce cost.
• Support ERP/MRP integration for automated costing workflows.

Required Skills & Experience

• Diploma / BE / BTech in Mechanical or Manufacturing Engineering.
• 5–10+ years of experience in:

OR

OR

• Strong expertise in interpreting engineering drawings and GD&T.
• In-depth knowledge of machining operations, tool selection, feeds/speeds, cycle-time estimation, and process planning.
• Solid understanding of stamping processes including die types, tonnage calculations, strip layout, and process flow.
• Proven experience preparing and validating detailed cost sheets, cost models, and customer quotations.
• Good understanding of materials (aluminum, steels, stainless steel, alloys).
• High proficiency in MS Excel; exposure to CAM software (Mastercam, SolidCAM, etc.) preferred.
• Strong communication, documentation, and customer interaction skills.

Additional Skills (Preferred)

• Exposure to AS9100 or IATF 16949 quality management environments.
• Experience working with ERP/MRP costing modules.
• Ability to provide DFM inputs and optimize product cost.
• Strong analytical, leadership, and problem-solving skills.