Manufacturing cost estimator jobs in Finland
Manufacturing cost estimators collect and analyse data to evaluate the money, materials, labour and time required for manufacturing processes. They conduct analyses to identify (alternative) cost effective technical designs and production processes. They develop and use methods and tools for cost planning, controlling and analysis. They also perform quantitative and qualitative risk analyses and report on the development of costs.
Manufacturing cost estimator - Which skills are essential?
Apply mathematical methods and make use of calculation technologies in order to perform analyses and devise solutions to specific problems.
The steps required through which a material is transformed into a product, its development and full-scale manufacturing.
Mathematics is the study of topics such as quantity, structure, space, and change. It involves the identification of patterns and formulating new conjectures based on them. Mathematicians strive to prove the truth or falsity of these conjectures. There are many fields of mathematics, some of which are widely used for practical applications.
Prepare, compile and communicate reports with broken down cost analysis on the proposal and budget plans of the company. Analyse the financial or social costs and benefits of a project or investment in advance over a given period of time.
The process of planning, monitoring and adjusting the expenses and revenues of a business in order to achieve cost efficiency and capability.
Revise and analyse financial information and requirements of projects such as their budget appraisal, expected turnover, and risk assessment for determining the benefits and costs of the project. Assess if the agreement or project will redeem its investment, and whether the potential profit is worth the financial risk.
Manufacturing cost estimator - Which skills are useful but not essential?
Determine the amount and the kind of materials necessary to build certain machines or equipment.
Provide advice on risk management policies and prevention strategies and their implementation, being aware of different kinds of risks to a specific organisation.
Plan, monitor and report on the budget.
Read and interpret drawings listing all the parts and subassemblies of a certain product. The drawing identifies the different components and materials and provides instructions on how to assemble a product.
Make up cost and pricing models on a regular basis by taking into account the cost of materials and supply chain, personnel and operating costs.
Collect, revise and put together financial information coming from different sources or departments in order to create a document with unified financial accounts or plans.
Read and comprehend standard blueprints, machine, and process drawings.
Understand project management and the activities which comprise this area. Know the variables implied in project management such as time, resources, requirements, deadlines, and responding to unexpected events.
Assess the necessary work hours, equipment, and skills required to successfully complete a task.;
Execute the cost related activities and operations within the accounting activities such as standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, and variance analysis. Report the results to management and advise on possible courses of action to control and reduce the costs.
Collaborate with engineers to ensure common understanding and discuss product design, development and improvement.
Manage and plan various resources, such as human resources, budget, deadline, results, and quality necessary for a specific project, and monitor the project's progress in order to achieve a specific goal within a set time and budget.
Monitoring and maintaining effective cost controls, in regards to efficiencies, waste, overtime and staffing. Assessing excesses and strives for efficiency and productivity.
Produce accurate calculations on time necessary to fulfil future technical tasks based on past and present information and observations or plan the estimated duration of individual tasks in a given project.
Analyse production processes leading toward improvement. Analyse in order to reduce production losses and overall manufacturing costs.