Associate Tech Lead - Cost Engineering in Bangalore, भारत
Trane Technologies
Full-timeStandard weekly hours
Bangalore, भारत
Responsibilities
Lead and support cost engineering activities for new product development and existing product improvement projects.
Develop and maintain detailed cost models, should-cost estimates, and cost breakdown structures for components, assemblies, and systems.
Partner with engineering, category management, procurement, and manufacturing teams to identify and implement cost reduction opportunities.
Analyze product designs, materials, manufacturing processes, and supplier quotations to assess cost drivers.
Drive VAVE and design-to-cost initiatives through product teardowns without compromising safety, quality, reliability, or functionality.
Support make-versus-buy analysis, supplier benchmarking, and cost comparison studies.
Review drawings, BOMs, specifications, and process flows to estimate and validate product costs.
Provide technical insights during supplier discussions, RFQs, and negotiation support activities.
Track cost reduction projects, savings pipelines, and implementation status.
Prepare reports, presentations, and recommendations for leadership and cross-functional stakeholders.
Contribute to standard methodologies, tools, and processes for cost engineering excellence.
Mentor junior engineers or team members on cost analysis methods and best practices when needed.
. Adherent to 100% QDC
Qualifications
Bachelor’s degree in mechanical engineering, Industrial Engineering, Manufacturing Engineering, Electrical Engineering, or related field.
8-12 years of experience in cost engineering, value engineering, product engineering, manufacturing engineering, or sourcing support.
Key Competencies:
Strong understanding of manufacturing processes such as machining, sheet metal, casting, molding, welding, and assembly.
Experience with product costing, should-cost analysis, and cost reduction methodologies.
Ability to read and interpret engineering drawings, specifications, and bills of materials.
Strong analytical and problem-solving skills.
Proficiency with Excel and cost analysis tools like aPriori, TcPCM, etc
Excellent verbal & written communication and collaboration skills across cross-functional teams.
Attention to detail & data driven decision making
Preferred Competencies:
Experience in HVAC, industrial equipment, automotive manufacturing environments.
Familiarity with ERP, PLM and CAD tools
Knowledge of lean manufacturing, value analysis/value engineering (VA/VE), and design-to-cost principles.
Exposure to AI & data analytics tools (python, tableau)
Experience working with global suppliers and cross-functional international teams.
Prior experience leading technical initiatives or workstreams.
We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
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