Costing Executive - NPD

2 - 3 years

1 - 2 Lacs

Posted:1 day ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We are looking for a detail-oriented Costing Executive to join our New Product Development team. The role involves material consumption analysis, cost estimation, BOM preparation, and identifying cost-optimization strategies during the product development cycle. The ideal candidate will work closely with the design, sourcing, and production teams to ensure accurate costing and efficient resource utilization for new products.

Key Responsibilities:

  • Prepare material consumption costing for new product samples and designs.
  • Develop and maintain Bill of Materials (BOM) for all new product developments.
  • Coordinate with cross functional teams to ensure optimal material selection and pricing.
  • Perform consumption and cost variance analysis between estimated and actual usage.
  • Identify and implement cost-reduction methods without compromising on quality and aesthetics.
  • Maintain cost sheets and reports for each development project.
  • Work closely with the NPD and production teams.

Key Requirements:

  • Bachelor's degree/Diploma in Costing, Footwear Design, Production, or related field.
  • Minimum 2–3 years of experience in costing within a footwear or manufacturing setup.
  • Good understanding of materials used in footwear manufacturing (e.g., upper materials, sole, rexin, buckles, etc.).
  • Proficient in Excel, costing software, and BOM preparation tools.

Job Type: Full-time

Pay: ₹15,000.00 - ₹20,000.00 per month

Work Location: In person

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