Job Description
Job Title
Estimation Engineer
Band/ Grade
Level
Job Family
Division
Location
Mumbai
Department
Reporting to
Role Summary
Responsible to collect and analyse data and information in order to estimate costs
associated with manufacturing a product. Works proactively towards cost target objectives in collaboration with key stakeholders and suggest measures to develop cost efficient production practices.
Roles & responsibilities
KRA 1
Project Planning
Responsibilities
* identify the estimated cost and specify the final requirements (labour and materials) for a project.
* Develop and implement a schedule that allows the team to execute all the tasks within a specified timeline.
* Determine cost estimate targets during the design and development
process, recommending cost effective solutions.
KPI
1. Timely proposal of project plan
KRA 2
Cost effectiveness
Responsibilities
* Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products
* Utilise cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
* Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement
* Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts
* Investigate and identify cost reduction opportunities through cost analysis review
* Contribute to cost monitoring and reporting systems and procedures and monitor trends
KPI
1. % of adherence to budgets
2. Rate of cost reduction
KRA 3
Production supervision
Responsibilities
* Supervise the activities of the production staff and provide technical support
* Advice if production team face a setback.
* Keep a track of project report and investigate into matters that may cause a delay in the project.
KPI
1. Adherence to production schedule
2. Achievement of production targets
KRA 4
Documentation and reporting
Responsibilities
* Review and report cost related data and information to detect or assess problems.
* Document and report product related process improvement suggestions.
KPI
* Timely and accurate documentation and reporting
Qualification
Span of Experience
Technical Competencies
* Strong knowledge of engineering design concepts and practices
* Knowledge of estimating techniques
* The ability to work under strict deadlines without letting the shortage of time affect the quality of work
* The experience of diagnosing and resolving design and functional issues arising in the course of a project
* Strong analytical skills
* Project management skills
Salary Range - 7,00,000/-p.a to 8,00,000/- p.a.
Estimation Engineer
Band/ Grade
Level
Job Family
Division
Location
Mumbai
Department
Reporting to
Role Summary
Responsible to collect and analyse data and information in order to estimate costs
associated with manufacturing a product. Works proactively towards cost target objectives in collaboration with key stakeholders and suggest measures to develop cost efficient production practices.
Roles & responsibilities
KRA 1
Project Planning
Responsibilities
* identify the estimated cost and specify the final requirements (labour and materials) for a project.
* Develop and implement a schedule that allows the team to execute all the tasks within a specified timeline.
* Determine cost estimate targets during the design and development
process, recommending cost effective solutions.
KPI
1. Timely proposal of project plan
KRA 2
Cost effectiveness
Responsibilities
* Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products
* Utilise cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
* Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement
* Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts
* Investigate and identify cost reduction opportunities through cost analysis review
* Contribute to cost monitoring and reporting systems and procedures and monitor trends
KPI
1. % of adherence to budgets
2. Rate of cost reduction
KRA 3
Production supervision
Responsibilities
* Supervise the activities of the production staff and provide technical support
* Advice if production team face a setback.
* Keep a track of project report and investigate into matters that may cause a delay in the project.
KPI
1. Adherence to production schedule
2. Achievement of production targets
KRA 4
Documentation and reporting
Responsibilities
* Review and report cost related data and information to detect or assess problems.
* Document and report product related process improvement suggestions.
KPI
* Timely and accurate documentation and reporting
Qualification
Span of Experience
Technical Competencies
* Strong knowledge of engineering design concepts and practices
* Knowledge of estimating techniques
* The ability to work under strict deadlines without letting the shortage of time affect the quality of work
* The experience of diagnosing and resolving design and functional issues arising in the course of a project
* Strong analytical skills
* Project management skills
Salary Range - 7,00,000/-p.a to 8,00,000/- p.a.
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