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COSTING ENGINEER (JIGS & FIXTURES)

Date Posted: Jul 23, 2026

Job Detail

  • location_on
    Location Coimbatore, Tamil Nadu, India
  • desktop_windows
    Job Type: Full Time/Permanent
  • schedule
    Shift:
  • analytics
    Career Level:
  • group
    Positions:
  • calendar_view_day
    Experience:
  • male
    Gender: No Preference
  • school
    Degree:
  • calendar_month
    Apply Before: Nov 15, 2026

Job Description

ROLE SUMMARY

The Costing Engineer – Jigs & Fixtures is responsible for the end-to-end financial estimation of specialized tooling required for electronic assembly lines. This role involves analyzing technical drawings, calculating manufacturing costs for custom parts, and budgeting for complex automation components. The goal is to provide accurate "Should-Cost" models that ensure high-quality assembly solutions are delivered within budget.

CORE RESPONSIBILITIES

1. Component & Material Estimation

  • Fabricated Parts: Calculate costs for metallic (Al, SS) and non-metallic (ESD plastics, Delrin) parts by evaluating material weight, machining cycles (CNC/VMC), and finishing processes.
  • Bought-Out Items: Source and maintain price benchmarks for:
    • Mechanical: Bearings, linear rails, and precision slide ways.
    • Pneumatics: Cylinders, DCV valves, and manifold systems.
    • Automation: PLCs, sensors (proximity/optical), magnets, and HMI units.
    • Electrical: Push buttons, switches, wiring harnesses, and connectors.

2. Assembly & Validation Costing

  • Estimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring.
  • Factor in costs for fixture testing, calibration, and $Cpk/Ppk$ validation runs.

3. Strategic Financial Analysis

  • Conduct Make vs. Buy analyses for custom fixture components.
  • Perform Value Engineering (VA/VE) to suggest lower-cost alternatives for non-critical parts without sacrificing precision or safety.
  • Maintain a live database of vendor quotes and historical cost data.

TECHNICAL REQUIREMENTS

  • Education: B.E./B.Tech in Mechanical, Mechatronics, or Production Engineering.
  • Experience: 3–5 years in costing, specifically within high-precision tooling or electronics assembly.
  • Software Proficiency: * Advanced MS Excel (Macro/Pivot tables) and ERP systems (SAP/Oracle).
    • Ability to view and measure parts using CAD software (SolidWorks/AutoCAD).
  • Process Knowledge: Deep understanding of milling, turning, grinding, and surface treatments.

KEY PERFORMANCE INDICATORS (KPIs)

  • Estimation Accuracy: Variance between estimated cost and actual procurement cost.
  • Turnaround Time: Speed of providing quotes for new assembly line projects.
  • Cost Savings: Success in identifying 5-10 %$ annual savings through Value Engineering.

BEHAVIORAL COMPETENCIES

  • High attention to detail (zero-error mindset).
  • Strong negotiation skills for dealing with external vendors.
  • Ability to collaborate effectively between Design, Procurement, and Finance teams.

Job details

  • Business: L&T Precision Engineering & Systems IC
  • Location: Coimbatore Campus, Tamil Nadu
  • Experience: 3-5 years
  • CTC range: ₹4,00,000 – ₹15,00,000 a year
  • Skills: Application Packaging, Economic Research

Source: Larsen & Toubro careers — Read the original posting and apply

This role is listed by the employer on its own careers site. Kaam Ki Khoj does not process applications for it.

Company Overview

Larsen & Toubro
Larsen & Toubro · Mumbai, Maharashtra, India
799 open roles

Larsen & Toubro is an employer in the Construction/Engineering sector with operations in India. This is a directory listing maintained by Kaam Ki Khoj so that candidates can find the organisation; it is not an official company page and Kaam Ki Kh... Read More

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