COSTING ENGINEER (JIGS & FIXTURES)

Larsen & Toubro· Manufacturing Engineering
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📍 Coimbatore, Tamil Nadu, IndiaFULL TIME
Application PackagingEconomic Research

About this role

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.

Frequently Asked Questions

Is the salary disclosed for the COSTING ENGINEER (JIGS & FIXTURES) position at Larsen & Toubro?
The salary for this COSTING ENGINEER (JIGS & FIXTURES) role at Larsen & Toubro is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the COSTING ENGINEER (JIGS & FIXTURES) position at Larsen & Toubro located?
This COSTING ENGINEER (JIGS & FIXTURES) role at Larsen & Toubro is based in Coimbatore, Tamil Nadu, India. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the COSTING ENGINEER (JIGS & FIXTURES) role at Larsen & Toubro full-time or part-time?
This is listed as a FULL TIME position. It is posted as a COSTING ENGINEER (JIGS & FIXTURES) role in the Manufacturing Engineering department at Larsen & Toubro.
Which team or department does the COSTING ENGINEER (JIGS & FIXTURES) at Larsen & Toubro belong to?
This COSTING ENGINEER (JIGS & FIXTURES) position is part of the Manufacturing Engineering department at Larsen & Toubro. See the full job description for more information about the team structure and responsibilities.
How do I apply for the COSTING ENGINEER (JIGS & FIXTURES) position at Larsen & Toubro?
Click the "Apply Now" button on this page. You will be redirected to Larsen & Toubro's official application portal hosted on peoplestrong where you can submit your application directly.
When was the COSTING ENGINEER (JIGS & FIXTURES) job at Larsen & Toubro posted?
This COSTING ENGINEER (JIGS & FIXTURES) position at Larsen & Toubro was posted on Jul 23, 2026. Apply as soon as possible — early applications are often reviewed first.
COSTING ENGINEER (JIGS & FIXTURES)
Larsen & Toubro
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