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Should Costing Officer

Fresher Nagpur, Maharashtra 20 Dec, 2025

Job Location	Nagpur, Maharashtra
Education	Not Mentioned
Salary	Not Disclosed
Industry	Manufacturing
Functional Area	Not Mentioned
EmploymentType	Full-time

Job Description

Role Overview:As a Sr. Officer - Should Costing at GMG Factory W82 in the Purchase department, you will be responsible for analyzing and estimating the optimal cost of parts, components, or systems based on various factors such as material, manufacturing processes, labor, logistics, and overheads. Your role will involve supporting procurement and design teams in achieving cost transparency, supplier negotiations, and product cost reduction.Key Responsibilities:- Develop accurate cost models based on BOMs (Bill of Materials), manufacturing processes, and labor rates.- Estimate material, labor, overhead, and logistics costs using cost engineering tools.- Compare supplier quotes with internal cost models to assess fairness.- Benchmark costs across suppliers, geographies, and industry standards.- Support sourcing and procurement teams in negotiations by providing fact-based cost insights.- Work closely with design, engineering, procurement, and finance teams to optimize cost early in product development.- Identify and recommend opportunities for cost improvement through design simplification, material substitution, or process changes.- Use cost modelling software (e.g., aPriori, SAP, Costimator) and maintain cost databases.- Prepare detailed cost reports, including assumptions and justifications.- Document and communicate findings to stakeholders clearly.Qualification Required:- Bachelors degree in engineering (Mechanical, Electrical, Industrial, or related field).- Min. 3 years of experience in cost engineering, manufacturing, or sourcing.- Strong understanding of manufacturing processes such as machining (CNC/VMC/Conventional), die casting (PDC/GDC), injection moulding, stamping, packing, and assembly.- Proficiency in cost modelling tools, ERP systems, and Microsoft Excel.- Excellent analytical, negotiation, and communication skills.- Familiarity with should-cost tools like aPriori, Teamcenter Product Costing, or similar is an added benefit (not a must-have requirement).Additional Details:Local / Domestic travel requirement up to 10-20%, primarily for supplier visits & process audit. Own vehicle is required for travel purposes.,

Keyskills :
Cost EstimationBenchmarkingCost Reduction InitiativesManufacturing ProcessesMachiningDie CastingInjection MouldingStampingCost ModellingMicrosoft ExcelAnalytical SkillsNegotiation SkillsCommunication SkillsSupplier NegotiationsCrossFunctiona

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