Principal Cost Engineer - Design to Value

Carrier•Palm Beach Gardens, FL
•$96,000 - $192,000•Remote

About The Position

This is a high-visibility cost champion role that influences the business, collaborates with stakeholders in engineering, sourcing, operations, and Carrier business units, and drives action. The position requires technical and cost knowledge to understand how design, supply chain, and manufacturing changes affect the material cost of parts, subassemblies, and finished products. The role leads global value analysis/value engineering (VAVE) and cost-reduction efforts, facilitates cost events across business units, and develops a pipeline of vetted, implementation-ready cost-saving opportunities. Travel to global sites of up to 25% is required. Preferred locations are Palm Beach Gardens, Florida; Charlotte, North Carolina; Indianapolis and Fort Wayne, Indiana; and Syracuse, New York. Flexible remote options are available for candidates in Eastern or Central time zones, and relocation assistance is available. The annual salary range is $96,000–$192,000, with eligibility for short-term cash incentives subject to plan requirements.

Requirements

  • Associate’s degree with at least 7 years of experience in material productivity, or a bachelor’s degree with at least 3 years of experience in material productivity.
  • At least 2 years of experience with VAVE, product cost reduction, material cost optimization, or cost-savings initiatives.
  • Ability to travel up to 25% to global sites to lead and facilitate cost-reduction events.

Nice To Haves

  • Bachelor’s degree in engineering or a similar technical field.
  • Comfort leading events with large groups from engineering, supply chain, manufacturing, and supplier organizations.
  • Intermediate program management experience, including developing and executing program plans for product development or cost-reduction initiatives, resource planning, and budgeting.
  • Experience with should-costing software such as aPriori, Tset, or similar tools.
  • Strong experience working with factories to implement mechanical or electrical designs.
  • Experience analyzing bills of materials (BOMs), drawings, and related materials.
  • Experience leading, planning, and facilitating VAVE events.
  • Creativity and innovative thinking.
  • Strong organizational, verbal, and written communication skills, with the ability to work across Engineering, Quality, Sourcing, and Operations.
  • Knowledge of industry suppliers, fabricators, and other resources that may present opportunities.
  • Strong facilitation, team-building, collaboration, negotiation, and conflict-resolution skills.
  • Ability to prepare and deliver program metrics and internal and external presentations.
  • Experience in product development engineering, supply chain, and manufacturing.
  • PTC Creo experience.
  • MRP experience.
  • Proficiency in Microsoft Office, including Word, PowerPoint, and Excel.

Responsibilities

  • Champion and lead VAVE activities and global cost-reduction initiatives across Carrier business units.
  • Plan, lead, and facilitate VAVE cost events, coordinating and indirectly leading resources across global business units to achieve material productivity targets.
  • Provide subject-matter expertise in product design for value and cost.
  • Assist in evaluating, scoping, and maturing key cost-out projects identified during the year.
  • Develop a pipeline process for vetted, ready-to-implement cost-saving opportunities.

Benefits

  • Medical, dental, and vision coverage
  • Wellness incentives
  • Retirement benefits
  • Paid vacation days, up to 15 days
  • Paid sick days, up to 5 days
  • Paid personal leave, up to 5 days
  • Paid holidays, up to 13 days
  • Birth and adoption leave
  • Parental leave
  • Family and medical leave
  • Bereavement leave
  • Jury duty leave
  • Military leave
  • Purchased vacation
  • Short-term and long-term disability
  • Life insurance
  • Accidental death and dismemberment coverage
  • Health Savings Account
  • Health Care Spending Account
  • Dependent Care Spending Account
  • Tuition assistance
  • Relocation assistance
  • Short-term cash incentives, subject to plan requirements
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