Cost Estimation Engineer

Description

Position Title: Cost Estimator or Senior Cost Estimator

Department: Cost Estimation

Reporting To: Head of Cost Estimation

Position Summary

The Cost Estimator is responsible for developing accurate and reliable material cost estimates for products, proposals, and purchasing activities within the capital equipment business. The role supports Strategic Sourcing, Purchasing, Product Line Management, and Proposal teams by providing structured material cost analysis, cost models, and cost transparency to support competitive proposals, and sourcing decisions.

The Cost Estimator works closely with cross-functional stakeholders to analyze product cost structures, support cost-out initiatives, and continuously improve cost estimation methodologies using historical purchasing data, supplier quotations, market trends, and execution feedback.

This role is critical in supportin...