Engineer - IE Costing

LNT/E-IC/1908013

• DEIC-L\&T Precision Engineering \& Systems IC
• Coimbatore Campus
• Posted On 11 Nov 2026
• End Date 10 May 2027
• Required Experience5 - 8 years

Skills

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Knowledge \& Posting Location

Production Planning Cost Estimation Capacity Planning

Minimum Qualification

Bachelor of Engineering (BE)

Job Description

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Roles and Responsibilities

• Prepare detailed product costing including BOM, labor, and overheads
• Conduct time study and work measurement for accurate labor costing
• Analyze cycle time, manpower utilization, and line efficiency
• Develop and maintain standard cost models for products
• Support RFQ/quotation with competitive and accurate costing
• Perform cost breakdown and margin analysis
• Identify cost reduction opportunities through process improvements
• Work on line balancing and productivity improvement initiatives
• Compare actual vs standard cost and perform variance analysis
• Support value engineering and localization activities
• Collaborate with production, planning, sourcing, and finance teams
• Update and maintain costing data in ERP systems
• Analyze impact of ECN changes on product costing
• Prepare MIS reports, dashboards, and cost analysis for management
• Drive continuous improvement initiatives to optimize cost and efficiency