Estimation Engineer

Roles and Responsibilities

As an Estimation Engineer specializing in mechanical assemblies and projects, this role involves evaluating and estimating costs for various inquiries, projects, and tenders across industries such as aerospace, power, oil & gas, and nuclear sectors.

This includes analyzing inquiries, breaking down Bills of Materials, assessing raw materials, and calculating expenses for standard bought-out parts and manufacturing processes. Additionally, engage with customers to clarify technical and commercial details.

• Analyze project requirements from RFQs and tenders to prepare detailed cost estimates, including material costs, labor, and equipment. Break down Bills of Materials (BOM) and assess the cost of standard and custom parts.
• Supplier Coordination: Engage with suppliers to gather quotes for raw materials, components, and services. Ensure competitive pricing and assess supplier lead times.
• Review project specifications, drawings, and technical documents to ensure all aspects are accurately reflected in cost estimates.
• Estimate man-hours, machine hours, and any additional resources required for manufacturing and assembly processes.
• Identify potential risks in cost overruns, delays, or design challenges, and incorporate risk mitigation strategies into the estimation process.
• Work closely with engineering, procurement, and project management teams to align cost estimates with project scopes and objectives.
• Communicate with customers for clarification on project details, ensuring all questions related to cost estimation are addressed.
• Generate detailed cost breakdowns and reports to support decision-making by management, providing insights on project feasibility and profitability.
• Identify opportunities for cost reduction, process efficiency, and improved accuracy in future estimations.
• Maintain organized records of cost estimations, supplier quotes, and project correspondence for reference and audit purposes.

Qualification Details

Essential Qualification: Degree/ Diploma- Mechanical/Production/ Aeronautical Engineering

Essential Experience: Minimum 5-8 years of experience in Costing/ Process planning/ manufacturing/ Design field of custom build equipments/ projects

Special Skill Essentials:

• Manufacturing Process Knowledge: Proficiency in fundamental manufacturing processes such as machining, fabrication, Assembly, and different types of coatings.
• Technical Drawing Competence: Demonstrated ability to Analyze and interpret engineering drawings and technical specifications to ensure a clear understanding of project requirements. and work with mechanical drawings.
• Good experience to work on tenders and inquiries from GeM portal.
• Software Proficiency: Familiarity with CAD software, CNC Programming and proficiency in Microsoft Office applications.
• Effective Communication: Exceptional communication skills, both written and verbal, are essential for this role.