Full-Time

Product Procurement Engineer

Posted on 2/28/2025

Caterpillar Inc.

Caterpillar Inc.

10,001+ employees

Manufactures heavy machinery for various industries

Compensation Overview

$95.6k - $143.5kAnnually

+ Bonus

Mid

No H1B Sponsorship

Decatur, IL, USA

Domestic relocation assistance is available for this position.

Category
Procurement & Sourcing
Quality Control & Compliance
Operations & Logistics
Required Skills
Supply Chain Management
Requirements
  • Data-driven Decision Making
  • Analytical Thinking
  • Effective Communications
  • Interpersonal Relationships
  • Cost-Benefit Analysis
  • Supplier Management - MFG
  • Strategic Sourcing
  • Supply Chain Management
Responsibilities
  • Managing Advanced Product Quality Planning (APQP) and Cost management related activities from concept to PPAP to deliver parts at the right quality, total cost, and meet timelines.
  • Implementing product supply strategies aligned with the category management supply strategies that will create a competitive advantage for our customers by developing, optimizing, and integrating a world-class supply network.
  • Managing the quality feedback loops to ensure lessons learned on quality defects are applied across the supply base.
  • Driving Value Analysis and Value Engineering (VAVE) through cost modeling, design for manufacturability, and leveraging suppliers’ capabilities.

Caterpillar Inc. designs and manufactures heavy machinery and equipment for industries such as construction, mining, energy, and rail. Their products include a wide range of machinery and engines that help clients complete large-scale projects. Caterpillar's equipment works by providing powerful tools that can perform tasks like digging, lifting, and transporting materials. What sets Caterpillar apart from its competitors is its strong aftermarket support, which includes maintenance and repair services, ensuring that their machinery remains efficient and reliable over time. The company's goal is to deliver high-quality products while also focusing on sustainability and community development through initiatives that improve education and reduce poverty.

Company Size

10,001+

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1925

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for autonomous equipment boosts Caterpillar's innovation in AI and machine learning.
  • Expansion in the global rental market offers Caterpillar new revenue opportunities.
  • IoT integration in machinery enhances Caterpillar's predictive maintenance and operational efficiency.

What critics are saying

  • Emerging market competition in Asia threatens Caterpillar's market share.
  • Rising raw material costs could impact Caterpillar's profit margins.
  • Environmental regulations may require costly modifications to Caterpillar's product lines.

What makes Caterpillar Inc. unique

  • Caterpillar's century-long experience sets it apart in the heavy machinery industry.
  • Strong commitment to sustainability aligns with global environmental goals and customer expectations.
  • Advanced AI integration enhances equipment efficiency and customer satisfaction.

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Benefits

Annual incentive bonus plan

Medical, dental, and vision coverage

Paid time off plan (Vacation, Holiday, Volunteer, Etc.)

401k savings plan

Health savings account (HSA)

Flexible spending accounts (FSAs)

Disability benefits

Life Insurance

Parental leave

Healthy Lifestyle Programs

Employee Assistance Programs

Voluntary Benefits and Employee Discounts

Tuition Reimbursement

Career Development

Company News

Australian Mining
Mar 6th, 2025
Caterpillar extends its reach

Caterpillar has unveiled its Cat 395 long reach excavator (LRE), the latest long-reach excavator built for high-performance dredging, ditch cleaning and canal maintenance.

Equipment Journal
Mar 6th, 2025
Caterpillar introduces new MH3032 material handler

Caterpillar introduces new MH3032 material handler.

Construction and Architecture
Mar 4th, 2025
Shaping the Future of Construction: Caterpillar's Edge in Equipment Sustainability

A strong supporter of India's Make in India campaign, Caterpillar has invested over $1 billion in manufacturing and R&D facilities, producing equipment for both domestic and international markets.

YZDFSL
Mar 2nd, 2025
Cat unveils RC20, RC30 rotary cutters for excavators | Equipment World

Caterpillar introduced two new rotary cutter attachments for demolition and controlled trenching in confined spaces at ConExpo-Con/Agg 2023.

Shiboinfo
Feb 28th, 2025
Caterpillar introduces new FM528 forestry excavator - Equipment Journal

Caterpillar introduces new FM528 forestry excavator - equipment journal.

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