Cost Estimator

POSITION SUMMARY:

The Cost Estimator performs estimating activities, working with engineering and plant personnel to collect data to accurately estimate the time, materials, and labor required to develop and manufacture a product or offering.

RESPONSIBIITIES AND DUTIES:

• Prepare detailed and accurate cost estimates for design projects, products, and components.
• Analyze technical drawings, specifications, and other documentation to determine material, labor, and time requirements.
• Collect, organize, and evaluate data on materials, production methods, and labor to develop reliable cost information.
• Collaborate with engineering, purchasing, and production teams to verify requirements and assumptions.
• Monitor actual production costs against estimates and update estimating models accordingly.
• Identify opportunities for cost savings and process improvements.
• Develop and maintain estimating tools, templates, and cost databases.
• Support proposal and quotation activities by providing timely and competitive cost information.
• Present cost findings and recommendations to managers and decision-makers.
• May enter BOM data into SAP or extract BOM data to support problem resolution, as needed.
• Support packaging submissions with inputs from SAP
• Perform other related duties as assigned.

QUALIFICATIONS:

• Bachelor’s degree in Engineering, Finance, Business or related field; or, equivalent work experience
• 3 years of relevant experience in cost estimation or similar role
• Knowledge of manufacturing processes and materials
• Demonstrated ability to analyze data and prepare accurate cost reports
• Experience using ERP or cost analysis systems