Principal Cost Engineer – Design to Value

This is a fully remote position, open to applicants in Florida, +2 more states.

📋 Description

• Lead and advocate for VAVE initiatives and global cost reduction strategies across multiple business units at Carrier.

• Organize, guide, and conduct VAVE cost events.

• Coordinate and indirectly oversee resources across global business units to meet material productivity objectives.

• Offer expert knowledge in product design focusing on value and cost efficiency.

• Support the assessment, scoping, and maturation of critical cost-out projects.

• Create a pipeline process for projects that are vetted and ready for implementation to achieve cost-saving opportunities.

• Collaborate with and influence various stakeholders in engineering, sourcing, operations, and business units.

• Evaluate the cost implications of design, supply chain, and manufacturing modifications on parts, subassemblies, and finished goods.

• Travel to global locations to lead and execute cost reduction events.

⛳️ Requirements

• Associate’s degree with over 7 years of experience in material productivity, or Bachelor’s degree with a minimum of 3 years of experience in material productivity.

• More than 2 years of experience in Value Analysis / Value Engineering (VAVE), product cost reduction, material cost optimization, or related cost-saving initiatives.

• Willingness to travel up to 25% to global sites for leading and facilitating cost reduction events.

• Bachelor’s degree in engineering or a related technical field is preferred.

• Proficient in leading events that involve a large number of participants from engineering, supply chain, manufacturing, and supplier representatives.

• Intermediate experience in Program Management, including the development and execution of program plans related to product development and/or cost reduction initiatives, resource allocation, and budgeting.

• Familiarity with should costing software tools such as aPriori, Tset, or similar applications.

• Significant experience collaborating with factories to implement mechanical or electrical designs.

• Competent in analyzing Bills of Materials (BOMs), technical drawings, etc.

• Proven experience in leading, planning, and facilitating VAVE events.

• Excellent organizational skills, along with strong verbal and written communication abilities, to work effectively across Engineering, Quality, Sourcing, and Operations.

• Knowledgeable about industry suppliers, fabricators, and other relevant resources.

• Exceptional skills in facilitation, team building, collaboration, negotiation, and conflict resolution.

• Capable of preparing and presenting key program metrics and internal/external presentations.

• Experience in product development engineering, supply chain, and manufacturing processes.

• Proficient in PTC Creo.

• Familiar with MRP systems.

• Proficient in MS Office Suite including Word, PowerPoint, and Excel.

🏝️ Benefits

• Short-term cash incentives.

• Medical, Dental, and Vision benefits.

• Wellness incentives.

• Retirement benefits.

• Up to 15 paid vacation days.

• Up to 5 paid sick days.

• Up to 5 paid personal leave days.

• Up to 13 paid holidays.

• Birth and adoption leave.

• Parental leave.

• Family and medical leave.

• Bereavement leave.

• Jury duty leave.

• Military leave.

• Purchased vacation options.

• Short-term and long-term disability coverage.

• Life Insurance and Accidental Death and Dismemberment coverage.

• Health Savings Account.

• Health Care Spending Account.

• Dependent Care Spending Account.

• Tuition Assistance.

• Relocation assistance.

• Flexible remote work options for candidates located in the Eastern (EST) or Central (CST) time zones.