Product Cost Estimation Engineer Jobs (NOW HIRING)

Cost Estimating Engineer- Up to $90K/annually DOE!
This position is a direct hire opportunity!

Integrity Trade Services is hiring a Cost Estimating Engineer for our manufacturing client to start immediately up to $90K/annually DOE! Receive comprehensive benefits through our client upon hire!
Responsibilities:

The Cost Estimating Engineer prepares accurate product quotations and provides technical design assistance for standard and custom-engineered products. This position connects Sales, Engineering, Manufacturing, Procurement, Supply Chain, and Product Management by converting customer requirements into practical, cost-effective, and manufacturable solutions.
 

• Review customer specifications, engineering drawings, product configurations, and application requirements to develop accurate quotations.
• Evaluate materials, labor, product configurations, and manufacturing methods to determine overall product costs.
• Work with Sourcing and Procurement to obtain supplier pricing and assess vendor quotations.
• Develop and maintain cost models, pricing calculations, quotation records, and supporting documentation.
• Recommend cost-reduction and value-enhancement opportunities while preserving product quality and performance.
• Verify that quotations meet company pricing standards, lead-time expectations, and profitability goals.
• Support timely quote completion, pricing accuracy, and margin objectives.
• Review and interpret engineering drawings, CAD models, schematics, bills of materials, and product specifications.
• Assess designs for manufacturability, feasibility, reliability, performance, and cost efficiency.
• Provide support for custom product development, prototype reviews, testing, and pre-production engineering activities.
• Partner with Design Engineering to suggest design changes that improve value, manufacturability, and cost.
• Provide technical information to Sales, Operations, and customer-facing teams regarding product capabilities and configurations.
• Support engineering change implementation and assist with minimizing costs related to design changes and quotation errors.
• Collaborate with Engineering, Sales, Manufacturing, Procurement, Supply Chain, and Product Management to align customer requirements, product design, and cost objectives.
• Participate in project reviews, design meetings, and quotation discussions.
• Help address technical and commercial concerns throughout the quoting and order fulfillment processes.
• Contribute to standardization and process improvement initiatives across engineering and quoting functions.
• Support effective project execution, customer responsiveness, and cross-functional communication.
• Maintain complete and accurate records related to quotations, cost analyses, design reviews, product data, and engineering activities.
• Assist with developing and updating technical documentation and spare parts information.
• Use ERP, engineering, business intelligence, and workflow management systems to improve efficiency and data quality.
• Apply Microsoft Copilot, Power Platform, and automation tools to enhance quoting and engineering workflows.
• Identify ways to improve quoting accuracy, engineering productivity, product configuration management, and customer satisfaction.
• Participate in value engineering and cost-optimization projects.
• Help establish and implement best practices for estimating, design reviews, quotation development, and product configuration.

Qualifications:

• Bachelor’s degree in Mechanical Engineering, Industrial Engineering, Manufacturing Engineering, Engineering Technology, or a related technical field required.
• An equivalent combination of education and relevant experience may be considered.

Value Engineer I

• Two or more years of experience in mechanical product design, manufacturing engineering, estimating, quotation development, or a related technical position.

Value Engineer II

• Three to five years of experience in mechanical product design, manufacturing engineering, estimating, quotation development, or a related technical position.

Knowledge, Skills, and Abilities:

• Solid understanding of mechanical design principles and engineering drawings.
• Ability to interpret CAD models, schematics, bills of materials, and product specifications.
• Experience with cost estimating, pricing strategies, and value engineering practices.
• Knowledge of manufacturing processes, materials, and production techniques.
• Strong analytical, organizational, and problem-solving abilities.
• Ability to balance engineering requirements with customer needs and business objectives.
• Experience with ERP and engineering systems, such as SAP, Teamcenter, Siemens NX, or comparable platforms.
• Proficiency with Microsoft Office and business intelligence applications.
• Strong verbal and written communication skills.
• Ability to work effectively with multiple departments and manage shifting priorities.
• Familiarity with Microsoft Copilot, Power Platform, and workflow automation tools preferred.
• Demonstrated commitment to accuracy, continuous improvement, cost management, and customer service.

Benefits:

• Medical
• Dental
• Vision 
• PTO
• 401k

Why choose Integrity Trade Services?

At ITS, we offer our employees a competitive salary paid weekly and a comprehensive benefits package, including medical, dental, and vision insurance.

Interested? Want to Learn More?

Reach out to Melissa Bauza at m.bauza@itsstaffing.com or call 708-321-1266!

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
#zr
#HIGH1