A Costing Engineer in the wiring harness industry is responsible for analyzing manufacturing processes, material usage, and labor. They develop precise cost estimates for Request for Quotations (RFQs), track margins, and lead continuous cost-optimization efforts to keep operations profitable and competitive in the market.
Job Title
Costing Engineer / Sr. Engineer – Product Costing (Wiring Harness)
Job Summary
We are seeking a highly analytical and techno-commercial Costing Engineer to drive end-to-end product costing for our wiring harness manufacturing operations. You will manage Request for Quotations (RFQs), conduct Bill of Materials (BOM) analysis, and implement value-added/value-engineering (VA/VE) to maximize our profitability and maintain competitive pricing.
Key Responsibilities
- Cost Estimation & Quotation: Prepare accurate, detailed cost estimates for new products by calculating material, labor, tooling, and overhead costs. Submit timely and competitive quotations to customers.
- BOM Analysis: Analyze customer drawings, electrical schematics, and Bill of Materials to accurately define manufacturing processes, cutting lengths, crimping requirements, and assembly steps.
- Price Amendments & Updates: Monitor raw material price fluctuations—specifically copper amendments. Ensure supplementary invoices are raised and pricing updates are accurately reflected in the ERP/SAP system.
- Cost Optimization (VA/VE): Identify opportunities to reduce material waste, optimize production line layouts, and propose alternative components to drive down total system cost.
- Cross-Functional Collaboration: Work closely with the Design, Purchasing, and Production teams to validate component costs, source competitive materials, and strategize vendor negotiations.
- Profitability Tracking: Conduct post-calculation and variance analysis to compare estimated costs against actual production runs, providing reports to management.
- Compliance: Ensure all costing practices and data are aligned with IATF and EMS quality standards.
Required Qualifications & Skills
- Education: Bachelor’s degree (B.E./B.Tech) in Electrical, Mechanical, or Industrial Engineering / Diploma in Electrical Engineering.
- Experience: 3 to 8 years of proven experience in cost estimation, product costing, or commercial engineering, specifically within the Wiring Harness or Automotive Cable industry.
- Technical Knowledge: Strong understanding of wire harness manufacturing processes (e.g., wire cutting, stripping, crimping, taping, testing, and connector types).
- Software Skills: Advanced proficiency in Microsoft Excel (creating costing models, pivot tables) and ERP/SAP systems.
- Business Acumen: Solid techno-commercial understanding, excellent negotiation skills, and ability to communicate technical cost drivers effectively.
Pay: ₹25,000.00 - ₹40,000.00 per month
Work Location: In person
