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Estimation Manager

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Onsite

Estimation Manager

Placewell Solutions

Estimation Manager

Skills

Supply Chain ManagementCompliance

2 months ago

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Important information


Contract type:

Permanent

Salary:

₹1,900,000 – ₹2,000,000 / year

Location:

Mumbai, Maharashtra, India

Work mode:

Onsite

Published on:

7 August 2026

What they need


Role & responsibilities

Key Result Areas:

  1. Cost Estimation & Pricing

  2. Technical & Commercial Evaluation

  3. Proposal & Tender Support

  4. Customer & Audit Compliance / Documentation

  5. Adherence to Safety, Compliances and Systems

Job Description:

1. Cost Estimation & Pricing

  • Study customer RFQs, technical specifications, and engineering drawings to understand dimensions, tolerances, materials, and special features.
  • Break down each part into individual manufacturing operations machining sequence, setup time, cycle time, tool requirements.
  • Estimate material cost based on raw material availability, conversion size, scrap allowance, and current market pricing.
  • Generate competitive pricing aligned with business strategy (margin expectations, market competition).

2. Technical & Commercial Evaluation

  • Perform manufacturability feasibility study along with Engineering and Production to identify risk areas, special tooling needs, and alternate methods.
  • Validate cycle time by coordinating with Production engineers and referencing historical database.
  • Engage with SCM to collect supplier quotes, raw material prices, special process rates, MOQs, and lead times.
  • Evaluate make-or-buy decisions based on internal capability, capacity load, and commercial benefit.
  • Collaborate with Quality to incorporate aerospace special requirements (AS9100, NADCAP, customer specs).

3. Proposal & Tender Support

  • Prepare cost sheets, price breakdown formats, and bid submission documentation as per customer template.
  • Participate in internal bid review meetings—technical review, commercial review, and risk analysis.
  • Support Program/BD teams during customer clarifications, negotiation calls, and pricing justifications.
  • Track proposal status and support during contract finalization—PO review, cost adherence check.

4. Cost Data Management & Continuous Improvement

  • Maintain and update cost database: Machine rates, Standard cycle times, Material cost trends, Vendor price lists, Historical project learnings
  • Implement should-costing models using analytical tools/software.
  • Conduct variance analysis for estimated vs. actual cost after production start to refine future estimates.
  • Identify cost-saving opportunities and design-to-cost options (alternate material grades, improved process flow, optimized routing).

5. Customer & Audit Compliance / Documentation

  • Ensure alignment with AS9100, specific customer standards, export regulations, and traceability requirements while estimating cost.
  • Create structured documentation to support cost audits by customers or internal finance teams.
  • Prepare inputs for long-term pricing agreements (LTAs), cost escalation index, and contract renewals.

6. Adherence to Safety, Standards and Compliance

  • Promote and maintain a culture of safety, good housekeeping, and adherence to operational standards.
  • Ensure adherence to systems and documentation as per AS9100, EMS, OHSAS & ISMS, and customer-specific requirements.
  • Valuing the information received & effort spent in creating every piece of information. Ensuring the right information is accessed by right individuals. Ensuring Confidentiality, Integrity and Availability of information.
  • Responsible for controlling the usage of energy sources for Environmental Protection and Energy Security for sustainable growth.

Qualifications Required:

  • Degree – Mechanical / Production / Aerospace

Behavioural Competencies Required:

  1. Result orientation

  2. Effective Communication

  3. Interpersonal Skills

  4. Customer Centricity

Functional/Technical Competencies Required:

  1. Knowledge of Machining and fabrication processes

  2. Knowledge of all special process like Surface treatment, Heat treatment, NDT, Testing, etc.

  3. Knowledge of Risk Analysis, Tax structures, duties, Inco-terms and other commercial terms of quotation, Raw materials, its properties and behaviour

  4. Basic knowledge of Project management

  5. Knowledge of MS Excel , Autocad , Any 3d Modelling software( Preferred)

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