Principal Cost Engineer – Design to Value

Carrier

. Champion and lead VAVE activities and global cost reduction initiatives across Carrier’s multiple business units .

Posted 10/16/2026full-timeRemote • United StatesLead💰 $96,000 - $192,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Value Analysis and Value Engineering (VAVE) to drive cost reduction initiatives and material productivity across global business units. Proficient in project management, stakeholder collaboration, and utilizing costing software tools to assess and implement cost-saving opportunities.

Highest-signal resume keywords

Value Analysis / Value Engineering (VAVE)Cost Reduction InitiativesProject ManagementShould Costing Software ToolsProduct Development Engineering

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Material ProductivityCost OptimizationBill of Materials (BOM) AnalysisMechanical Design ImplementationElectrical Design Implementation

Soft Skills

Strong Communication SkillsTeam BuildingCollaborationNegotiationConflict Resolution

Tools & Technologies

APrioriTsetPTC CreoMRPMS Office

Industry Keywords

Product DevelopmentSupply ChainManufacturingEngineeringCost Savings

About the role

Key responsibilities & impact

Champion and lead VAVE activities and global cost reduction initiatives across Carrier’s multiple business units
Plan, lead, and facilitate VAVE cost events
Coordinate and indirectly lead 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
Develop a project pipeline process of vetted, ready-to-implement cost-savings opportunities
Collaborate with and influence stakeholders in engineering, sourcing, operations, and business units
Assess the cost impacts of design, supply chain, and manufacturing changes on parts, subassemblies, and finished products
Travel to global sites to lead and facilitate cost reduction events

Requirements

What you’ll need

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 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, including 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
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
Strong organizational, verbal, and written communication skills and ability to work across Engineering, Quality, Sourcing, and Operations
Knowledge of industry suppliers, fabricators, and other resources
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
PTC Creo experience
MRP experience
Proficiency in MS Office including Word, PowerPoint, and Excel

Benefits

Comp & perks

Short-term cash incentives
Medical, Dental, and Vision benefits
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 and Accidental Death and Dismemberment
Health Savings Account
Health Care Spending Account
Dependent Care Spending Account
Tuition Assistance
Relocation assistance
Flexible remote options for candidates based in the Eastern (EST) or Central (CST) time zones