Costing Engineer

300000 - 348000 INR
a month ago
Job Description


DiplomaDiploma Plastic
DiplomaDiploma Mechanical





1.Product Development

  • Involvement in new product development process- From Sample Study, RM finalisation, material costing, operating cost, packing cost, tooling cost and finally product costing.

2. New Product/Project RFQ Process.

  • Responsible to respond to the new product/project RFQ from new or existing customers.
  • Responsible to respond to the new product/project RFQ from new or existing customers.
  • Discussing the Project requirements with Development team/Management for Technical feasibility

3.Tool Details, Tools Cost, Packing Details, Price Terms, ROI workout

  • Complete technical feasibility study after confirmation from concerns proceed further for product costing process.
  • Plastic materials, their combinations & utilisation finalisation by content info provided by some customers.
  • Reverse engg process on the samples to find out RM, masterbatch details & content, also narrowing down at its technical and commercial feasibility.
  • Working out Tool Costs, Tool Construction, Cavities of mould finalisation as per order qty, as consider flow, size of product, complexity of part etc.
  • Designing the packing requirements manually by deep thinking & working to arrive at final packaging from initial concept.
  • Try to use std packaging or predeveloped packaging for new products. Enquire packaging requirements from customer and develop it inhouse with local vendor.
  • Deciding & finalizing on the initial pallet packaging too as above.

4.Project authorisation, CFT coordination & pricing controls.

  • Release project authorisations to concern CFT members after project approval with finalised format approved by management.
  • Review the costing of development components after handover, whether it is inline with the authorisation format working and costing.
  • Check & study the Customer Export PO for Items rates etc.
  • Prepare prices for Trading products & also checking if packing can be done by Company
  • Prepare Stock prices for Store departments for already sold or unsold products.
  • Review polymer price trend and informing management for decision making.
  • Find out the possibilities for price reduction in existing product & new develop project. Workout the proposal & present it to Directors.
  • TDk amortisation part communication for revised costing.
  • Maintain samples for visitors for Companyproject.
  • Recording the quotations history. Analysis of enquiry to quote and hit ratio & then quote to PO



  • Costing


Salary will be negotiable as per candidates experience & knowledge


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Costing Engineer
material costing
packing cost
RM finalisation
Job Source:

This project on 'Creating Digital-learning Environment for Design' also called 'e-kalpa' is sponsored by the Ministry of Human Resources, Government of India as part of the National Mission in Education through Information and Communication Technology. Creating Digital Learning Environment for Design in India (‘e-kalpa’)

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