Cost Estimator

Kendrick PlasticsGrand Rapids, MI
4h

About The Position

As a Cost Estimator in the automotive industry, you will play a critical role in analyzing and forecasting the costs associated with production projects to ensure profitability and competitive pricing. You will be responsible for gathering and interpreting data related to materials, labor, and overhead expenses to develop accurate cost estimates that support strategic decision-making. Your work will directly impact budgeting, project planning, and resource allocation, helping the company optimize operational efficiency and maintain financial health. Collaborating closely with engineering, procurement, and production teams, you will provide insights that influence product and manufacturing processes. Ultimately, your expertise will contribute to the company’s ability to deliver high-quality products on time and within budget, strengthening its market position.

Requirements

  • Bachelor’s degree in Engineering, Business, or a related field.
  • Proven experience as a Cost Estimator or in a similar role within the manufacturing industry.
  • Strong understanding of manufacturing processes, materials, and labor cost structures.
  • Proficiency in cost estimating software and Microsoft Office Suite, especially Excel.
  • Excellent analytical, mathematical, and problem-solving skills.

Nice To Haves

  • Experience with ERP systems and project management software.
  • Knowledge of Lean Manufacturing principles and cost reduction techniques.
  • Strong communication and negotiation skills to interact effectively with suppliers and internal teams.
  • Ability to interpret complex technical drawings and specifications.

Responsibilities

  • Analyze blueprints, specifications, proposals, and other documentation to prepare time, cost, materials, and labor estimates.
  • Consult with engineers, vendors, and managers to obtain information on labor requirements, raw materials, and production processes.
  • Develop detailed cost breakdowns and prepare comprehensive reports to support project bids and internal budgeting.
  • Monitor and update cost databases and historical data to improve the accuracy of future estimates.
  • Collaborate with cross-functional teams to identify cost-saving opportunities and recommend process improvements.
  • Review and validate supplier quotes to ensure alignment with project requirements and budgets.
  • Assist in the preparation of project schedules and resource allocation plans based on cost estimates.
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