At Trane Technologies TM and through our businesses including Trane ® and Thermo King ® , we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.

Job Description: Value Analysis/Value Engineering (VAVE) Lead

Position Title: Senior Product Engineer /Associate tech lead

Location: Bangalore

Position Type: Full-Time

Department: System Integration – Residential products

Position Summary:

The Value Analysis/Value Engineering (VAVE) Lead is responsible for driving cost reduction initiatives and enhancing product value by systematically analyzing and improving products and processes. The VAVE Lead will work closely with cross-functional teams to identify opportunities for cost savings, maintain product quality, and ensure customer satisfaction.

Key Responsibilities:

VAVE Strategy Development:

Develop and implement VAVE strategies aligned with company goals.

Identify and prioritize VAVE projects based on potential impact and feasibility.

Cost Reduction and Value Improvement

Conduct thorough analyses of products and processes to identify cost-saving opportunities.

Collaborate with design, engineering, procurement, and manufacturing teams to develop and implement VAVE initiatives.

Use tools such as Function Analysis, Cost Modeling, and Value Engineering to evaluate and improve product designs.

Cross-Functional Collaboration

Lead cross-functional teams in brainstorming and implementing VAVE projects.

Facilitate workshops and meetings to generate ideas and drive project progress.

Communicate project goals, progress, and outcomes to stakeholders.

Project Management

Manage VAVE projects from concept through implementation.

Develop detailed project plans, timelines, and budgets.

Track and report on project progress, ensuring milestones are met and objectives are achieved.

Continuous Improvement

Promote a culture of continuous improvement within the organization.

Train and mentor team members on VAVE methodologies and best practices.

Stay updated on industry trends, tools, and technologies to continuously enhance VAVE processes.

Reporting and Documentation

Maintain detailed documentation of VAVE activities, findings, and outcomes.

Prepare and present reports to management on the impact of VAVE initiatives.

Education Qualification

BE degree/ master’s in mechanical / Automobile engineering/Thermal with stronng academics.

5 to 7 Years of Industry Experience

SAVE/INVEST – VAVE certification preferable.

Proven track record of successfully leading VAVE projects and achieving significant cost reductions.

Skills and Competencies

Strong analytical and problem-solving skills.

Excellent project management and organizational abilities.

Effective communication and interpersonal skills.

Ability to work collaboratively in a cross-functional team environment.

Proficiency in VAVE tools and methodologies.

Knowledge of industry standards and best practices.

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.