Costing Engineer - Vendor Development Constriction Division
Costing Engineer / Manager
Education
UG: B Tech / B E . Mechanical Engineering, Industrial Engineering, Civil Engineering
Experience: 5 to 15 Year Experience Needed
Salary: 20k to 60k PM
Opening Post 1
Job description
Role & responsibilities
Cost Analysis:
o Analyze and evaluate costs associated with materials, labor, equipment, and overheads required for SPM projects.
o Knowledge to Participate in Tender, knowledge to prepare in tender
o Implement zero-based costing principles to thoroughly assess all expenses, starting from a baseline of zero, and justify each cost item based on its necessity and contribution to project objectives.
Estimation and Quoting:
o Develop accurate cost estimates for SPM projects based on technical specifications bill of quantities (BOQ), and manufacturing processes.
o Incorporate zero-based costing methodology into the estimation process to ensure that all costs are justified and optimized for maximum value.
Value Engineering:
o Work closely with design and engineering teams to identify opportunities for value engineering to reduce costs while maintaining or enhancing product performance and quality.
o Implement zero-based costing techniques to challenge existing cost assumptions and explore innovative solutions for cost reduction without sacrificing product integrity.
Vendor Management:
o Liaise with suppliers and subcontractors to obtain competitive pricing for components, materials, and services required for SPM manufacturing.
o Apply zero-based costing principles when negotiating with vendors to ensure that costs are justified and aligned with project objectives, seeking alternative suppliers if necessary to optimize expenses.
Cost Tracking and Control:
o Develop and maintain cost tracking systems to monitor project expenditures against budgets throughout the product lifecycle.
o Utilize zero-based costing methodologies to track and control costs at every
- Experience5 - 11 Years
- No. of Openings1
- EducationB.Tech
- RoleCosting Engineer
- Industry TypeReal Estate / Property / Construction
- GenderMale
- Job CountryIndia
- Job TypeWork from Office