Engineer - IE Costing

Larsen & Toubro


Date: 2 hours ago
City: Remote, Remote
Contract type: Full time
Remote
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

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