Associate Tech Lead – Cost Engineering

Trane Limited; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Trane Technologies seeks an Associate Tech Lead – Cost Engineering to optimize product costs, lead value engineering, and deliver cost analyses across engineering programs. You will partner with design, sourcing, manufacturing, finance, and product management to uncover cost-saving opportunities while maintaining quality and compliance.

Role involves leading cost modeling, should-cost estimations, and design-to-value activities throughout the product lifecycle, with mentoring for junior

Qualifications

• Bachelor's degree in mechanical/industrial/manufacturing engineering or related field.
• 8–12 years of experience in cost engineering, value engineering, product engineering, manufacturing engineering, or sourcing support.
• Strong understanding of manufacturing processes and cost drivers.
• Proficiency with Excel and cost analysis tools like aPriori, TcPCM, etc.

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.

Skills

Cost engineering

Value engineering

Cost analysis

Reading drawings

Excel

Data analytics

Vendor negotiation

Cross-functional collaboration

Cost modeling

Should-cost

Education

Bachelor’s degree in mechanical/industrial/manufacturing engineering

Tools

aPriori

TcPCM

ERP

CAD tools

Job description

Associate Tech Lead – Cost Engineeringتخطي إلى المحتوى الرئيسينحن نستخدم ملفات تعريف الارتباط لتقديم تجربة تصفح أفضل، وتحليل حركة المرور على الموقع، وتخصيص المحتوى. يمكنك معرفة المزيد عن كيفية استخدامنا لملفات تعريف الارتباط وكيفية التحكم بها من خلال زيارة صفحة إعدادات ملفات تعريف الارتباط.# استكشاف الوظائفAssociate Tech Lead – Cost Engineering page is loaded## Associate Tech Lead – Cost Engineeringتقديمremote type: من الاثنين إلى الخميس، اعمل في مقر الشركة مع زملائك. أما يوم الجمعة، فاختر مكان عملك بما يحقق التوازن مع متطلبات عملك.locations: بنغالور، كارناتاكاtime type: دوام كاملposted on: تم النشر اليومjob requisition id: JR-10011كن جزءًا من مهمتنا! بصفتنا روادًا عالميين في ابتكار حلول مناخية مريحة ومستدامة وفعالة للمباني والمنازل ووسائل النقل، تقع على عاتقنا مسؤولية وضع كوكب الأرض في المقام الأول. بالنسبة لنا فيترين تكنولوجيز، ومن خلال أعمالنا بما في ذلكترينوثيرمو كينجالاستدامة ليست مجرد طريقة نمارس بها أعمالنا، بل هي جوهر أعمالنا. هل تجرؤ على مواجهة تحديات العالم ورؤية الإمكانيات المؤثرة؟ هل ترغب في المساهمة في صناعة مستقبل أفضل؟ إذا كانت إجابتك نعم، ندعوك للانضمام إلينا في تحدي الممكن بجرأة من أجل عالم مستدام.تعرّف على خدماتناالمزايامصمم لمساعدتك على الازدهار في العمل والمنزل.نمضي قدمًا بثقة.**أين يوجد العمل:**من الاثنين إلى الخميس، اعمل في مقر الشركة مع زملائك. أما يوم الجمعة، فاختر مكان عملك بما يحقق التوازن مع متطلبات عملك.Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane and Thermo King, sustainability is not just how we do business—it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us boldly challenging what's possible for a sustainable world.Learn about our benefits designed for you to Thrive at work and at home.We boldly go.**Where is the work:**Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.**JD for Associate Tech Lead – Cost Engineering:****Job Summary:** The Associate Technical Lead - Cost Engineering is responsible for supporting product cost optimization, value engineering, and cost analysis initiatives across engineering programs. This role partners closely with design engineering, sourcing, manufacturing, finance, and product management teams to identify cost-saving opportunities while maintaining product quality, performance, and compliance. The position also provides technical leadership in cost modeling, should-cost analysis, and design-to-value activities throughout the product lifecycle.**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.نحن نقدم تعويضات تنافسية ومزايا وبرامج شاملة. نحن صاحب عمل يلتزم بمبدأ تكافؤ الفرص؛ حيث سيتم النظر في جميع المتقدمين المؤهلين للتوظيف دون تمييز على أساس العرق أو اللون أو الدين أو الجنس أو التوجه الجنسي أو الهوية الجندرية أو الأصل الوطني أو الحمل أو العمر أو الحالة الاجتماعية أو الإعاقة أو حالة المحاربين المحميين أو أي حالة أخرى محمية قانونياً.