Manufacturing Economics Expert

2 weeks ago


Shah Alam, Selangor, Malaysia EP Manufacturing Bhd Full time
Job Description
A Costing Engineer at EP Manufacturing Bhd is responsible for providing detailed breakdowns of costs, including raw materials, labor, tooling, logistics, and overhead. They will also assist in budgeting and financial planning for new projects and cost reduction initiatives.
Key Responsibilities:
  • Develop accurate cost estimates for products, projects, or services.
  • Analyze material, labor, and overhead costs to determine total cost structure.
  • Conduct cost-benefit analysis to optimize pricing and profitability.
  • Prepare costing sheets and pricing structures for tenders, proposals, and quotations.
  • Work closely with sales and procurement teams to determine competitive pricing.
  • Ensure compliance with customer and industry pricing requirements.
Product Cost Breakdown & Budgeting
  • Provide a detailed breakdown of costs, including raw materials, labor, tooling, logistics, and overhead.
  • Assist in budgeting and financial planning for new projects and cost reduction initiatives.
  • Identify cost-saving opportunities without compromising quality or performance.
  • Work with procurement and supply chain teams to analyze supplier pricing.
  • Negotiate better cost structures with vendors and contractors.
  • Evaluate and compare quotations to ensure cost competitiveness.


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