Principal Cost Engineer - Design to Value

CAFLO:
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- Indianapolis, 30 South Meridian Street, Indianapolis, IN, 46204 USA CAN
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Job  
Job Category Engineering

Posted Start Date October 16, 2026

Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure safe transport of food, lifesaving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share.

We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit  (opens in new window) or follow on Carrier social media at @Carrier.

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.

• 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.

• 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

• 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,…