Pratik Wagh

About Pratik Wagh

I am a dynamic and results-driven Costing & Product Development professional with over 6+…

Experience

1. Costing Analyst

   Hasbro

   Nov 2024 — Present · Pune, IN

   Prepare cost estimates for injection mould tooling (moulds, dies, jigs, and fixtures). Analyse tooling costs based on design, material selection, manufacturing processes, and supplier pricing. Conduct cost breakdown analysis for various tooling components. Benchmark tooling costs against industry standards and competitors. Request and evaluate tooling quotations from multiple suppliers. Ensure accurate pricing from suppliers based on technical specifications. Negotiate tooling costs and payment terms with vendors. Track actual vs. estimated costs and provide variance analysis. Monitor tooling costs throughout the project lifecycle to prevent overruns. Support budgeting activities for tooling investments and manufacturing projects. Evaluate the feasibility of mold modifications or refurbishments to extend mold life. Ensure cost estimates comply with company policies and industry standards. Work closely with design and engineering teams to optimize cost-effective Mold designs. Identify cost reduction opportunities through design changes or process improvements. Analyse material and process selection for costeffectiveness. Validate cost proposals and suggest cost-saving opportunities. Support value engineering initiatives to reduce costs without compromising quality. Prepare cost analysis reports, cost breakdown sheets, and management presentations. Maintain a database of tooling costs, supplier quotes, and historical cost data. Document cost estimation methodologies and maintain records for future reference.

Education

• Government polytechnic Nashik

  Diploma

  2013 — 2016

• Mumbai Educational Trust, MET League of Colleges

  Bachelor of Engineering - BE

  2016 — 2019

• DY Patil Institute of Distance Learning

  Master of Business Administration - MBA

  2022 — 2024