Principal Cost Engineer - Design to Value
Summary
Principal Cost Engineer at Carrier who champions VAVE (Value Analysis/Value Engineering) and global cost-reduction initiatives: planning and facilitating cost events and building a pipeline of material cost-savings projects across business units. Works with engineering, sourcing, and operations using should-costing tools (aPriori/Tset), PTC Creo, MRP, and MS Office.
About this role
This is a high visibility role for a cost champion that impacts the business with a positive outlook, has strong influencing abilities, and has a bias for driving action. This role will collaborate with and influence key stakeholders in engineering, sourcing, operations, and in specific business units within Carrier. The ideal candidate will have technical, and cost knowledge required to understand the impacts of design, supply chain, and manufacturing changes on the material cost of parts, subassemblies, and finished products.
Key Responsibilities
- Champion and lead VAVE activities and global cost reduction initiatives across Carrier’s multiple business units.
- Plan, lead and facilitate the execution of VAVE cost events, coordinating, and indirectly leading resources across the global business units to achieve material productivity targets for the organization.
- Provide subject-matter expertise in product design for value and cost, and assist in the evaluation, scoping, and maturing of key cost-out projects as identified during the year.
- Deliverables will include developing a project pipeline process of vetted, ready-to-implement cost-savings opportunities for the business.
Required Qualifications
- Associate’s degree with 7+ Years of experience in material productivity or Bachelor’s degree with 3+ Years of experience in material productivity.
- 2+ years of experience with Value Analysis / Value Engineering (VAVE), product cost reduction, material cost optimization, or cost savings initiatives.
- Up to 25% travel to global sites to lead and facilitate cost reduction events
Preferred Qualifications
- Bachelor’s degree in engineering, or similar technical track
- Comfortable leading events with large numbers of participants from engineering, supply chain, manufacturing, and supplier representatives
- Intermediate Program Management experience, developing and executing program plans with product development and/or cost reduction initiatives, resource planning, and budgeting
- Experience with should costing software tools like aPriori, Tset or similar software tools also would be beneficial.
- Strong experience working with factories in implementing mechanical or electrical designs. Experience analyzing Bill of Materials (BOMs), drawings, etc.
- Experience leading, planning, and facilitating VAVE events.
- Creativity and innovative thinking will be key to success in this role
- Strong organizational, verbal, and written communication skills and ability to work across organizational functions including Engineering, Quality, Sourcing, and Operations
- Knowledge of industry suppliers, fabricators, and other resources that can be evaluated for potential opportunities would be a plus
- Strong facilitation, team building, collaboration, negotiation, and conflict resolution skills
- Ability to prepare and deliver key program metrics and internal/external presentations
- Experience in product development engineering, supply chain, and manufacturing are all beneficial.
- PTC Creo experience
- MRP Experience
- Proficiency in MS Office including Word, PowerPoint and Excel
Location & Work Arrangement
- Preferred Locations: Palm Beach Gardens, FL | Charlotte, NC | Indianapolis, IN | Fort Wayne, IN | Syracuse, NY
- Remote Flexibility: Flexible remote options are available for candidates based in the Eastern (EST) or Central (CST) time zones.
- Relocation: Relocation assistance is available.