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Estimation Engineer

2 weeks ago

الرياض, Saudi Arabia Assaf Industry Company Full time

Overall Purpose of the Role:
To collect and analyse data and information in order to estimate costs

associated with manufacturing a product. Works proactively towards cost

target objectives in collaboration with others.

Job holders in this role may take responsibility for a limited amount of

components within the design and manufacturing process. More senior roles

hold more responsibility and accountability and have a larger remit in terms of

components and financial accountability.

Key Responsibilities:
General and Task Management

Determine cost estimate targets during the design and development

process, recommending cost effective solutions

Gather proposals, specifications and related documents and liaise with

stakeholders in order to convert specifications to cost estimates for new

and current products

Utilise cost methodologies and tools and appropriate software models and

packages to prepare and maintain reliable and accurate data

Establish cost estimates of production processes and tooling costs and

review alternatives or put forward recommendations for improvement

Assess cost effectiveness of products and track actual costs relative to

budget and report status on a regular basis to ensure costs are in line with

forecasts

Monitor and review data and information to detect or assess problems

Investigate and identify cost reduction opportunities through cost analysis

review

Contribute to cost monitoring and reporting systems and procedures and

monitor trends