Cost Estimator

2 days ago

Hyderabad City Taluka, Pakistan beBee Careers Full time

Job Summary

We are seeking a highly skilled Mechanical Cost Specialist to join our team. The ideal candidate will have extensive experience in cost estimation, should cost analysis, and pricing engineering.

About the Role

  • Cost Analysis and Data Management: Utilize cost methodologies, software models, and tools to accurately prepare and maintain data, ensuring precision and reliable cost models.

  • Design-to-Cost Approach: Collaborate with the Design Engineering team to promote and integrate a design-to-cost approach using comprehensive statistical data.

  • Partner with procurement and category teams to analyze cost breakdowns from vendors, performing detailed gap analysis between costing and quotes to identify discrepancies and opportunities for savings.

  • Cost-Benefit Analysis and Supplier Evaluation: Evaluate and select suppliers based on factors such as cost, quality, and reliability, ensuring optimal choices for the company.

  • Advise and assist suppliers with alternative manufacturing processes to enhance efficiency and reduce costs.

  • Provide mentorship and guidance, fostering a culture of continuous learning and development.

  • Establish clear standard work procedures for evaluating the cost of components and products.

  • Construct comprehensive should-cost models for entire products, ensuring accuracy and thorough analysis.

  • Lead continuous improvement initiatives in cost estimation methodologies and processes, driving innovation and efficiency.

  • Perform all job duties in alignment with the company's Code of Ethics, Diversity and Inclusion policies, and the 4-I Values (Integrity, Innovation, Inclusion, and Impact).

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