Full-Time

Procurement Strategy Manager

Confirmed live in the last 24 hours

Caterpillar Inc.

Caterpillar Inc.

10,001+ employees

Manufactures heavy machinery for various industries

Industrial & Manufacturing
Social Impact
AI & Machine Learning

Compensation Overview

$145k - $217.3kAnnually

+ Annual Incentive Bonus Plan

Expert

No H1B Sponsorship

Peoria, IL, USA + 1 more

More locations: Woodridge, IL, USA

Relocation assistance is not available for this position. Any relocation costs incurred would be the responsibility of the selected candidate.

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Supply Chain Management
Product Management

You match the following Caterpillar Inc.'s candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree – or equivalent experience required (10 years)
  • Knowledge of category management within an organization's goods and services sector; ability to use this knowledge to analyze and improve the end-to-end procurement process and maximize business profitability.
  • Knowledge of processes and methods to effectively manage business relationships and transactions with suppliers of raw materials or product components; ability to apply related knowledge, experience, and skills into real practice.
  • Knowledge of strategic sourcing methods, technologies, and processes; ability to analyze, improve, and re-evaluate organizational procurement process continuously.
  • Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
  • Knowledge of successful negotiation concepts and techniques; ability to negotiate successfully across the organization and with external vendors and clients in a constructive and collaborative manner.
  • Knowledge of effective planning techniques and ability to contribute to operational (short term), tactical (1-2 years) and strategic (3-5 years) planning in support of the overall business plan.
Responsibilities
  • Quickly develop a professional organization supporting critical E&E strategy development, deployment, and reporting.
  • Become the primary chip manufacturer relationship manager.
  • Represents RISM as the primary lifecycle strategy manager highly integrated with ICS technical leaders.
  • Develop a high functioning team transitioning from tactical to strategic objectives. High levels of coaching/mentoring.
  • Work with category managers and buyers to ensure alignment on all finished component technology and supplier strategies.
  • Work closely with engineering process partners to enable flawless New Product Introduction (NPI) and New Source Introduction (NSI).
  • Develop a highly intuitive reporting process and materials applicable for various seniority levels internally and externally.
  • Manage and improve current initiatives aimed at building resiliency through contracts, finished goods inventory, and global point of consumption effectiveness.
  • Responsible for all emergency AoS issues by strategically developing insights and relationships within the broker and secondary markets.
  • Govern and adhere to all processes and policies as it relates to semiconductor product management.
Desired Qualifications
  • Experience working semi-autonomously, thinking creatively, and gaining broad-based and cross-functional consensus
  • Developing and executing complex strategies
  • Deep expertise building and leveraging relationships while building a highly effective network
  • Experience quickly building the skillsets of the team to achieve aggressive but highly valuable objectives
  • Experience meeting with and reporting out to senior leaders with Cat and externally with the supply base
  • Experience developing and completing complex category strategies
  • Experience negotiating traditional and non-traditional contracts with both US domestic and international suppliers
  • Expertise at crafting and presenting highly visual and engaging materials to targeted audiences
  • Previous purchasing, operations or supply chain knowledge experience
  • Prior leadership experience
  • Proficiency in English and advanced communication/negotiation skills

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 utilizing advanced engineering and technology to perform tasks like excavation, material handling, and transportation efficiently. What sets Caterpillar apart from its competitors is its strong aftermarket support, which includes maintenance and repair services, ensuring that their machinery remains operational for a long time. The company's goal is to provide reliable and 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

Total Funding

$143.5K

Headquarters

Irving, Texas

Founded

1925

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for autonomous equipment boosts Caterpillar's innovation in heavy machinery.
  • Global infrastructure development presents significant growth opportunities for Caterpillar.
  • Caterpillar's commitment to sustainability aligns with industry trends towards eco-friendly machinery.

What critics are saying

  • Retirement of CHRO Cheryl Johnson may disrupt HR strategy and talent development.
  • Real estate strategy shifts, like building sales, could impact operational logistics.
  • Brand partnerships outside core markets may dilute Caterpillar's industrial focus.

What makes Caterpillar Inc. unique

  • Caterpillar's century-long history establishes it as a leader in heavy machinery.
  • The company integrates AI and IoT for enhanced machinery performance and customer satisfaction.
  • Caterpillar's strong aftermarket services ensure product longevity and customer loyalty.

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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

PR Newswire
Jan 31st, 2025
Learning Undefeated Unveils Breakout Box: Manufacturing Mission To Ignite Career Paths For Students In Texas

$1.2M grant from Caterpillar Foundation funds creation of immersive learning pod focused on hands-on career exploration for grades 9-12DALLAS, Jan. 31, 2025 /PRNewswire/ -- Today, nonprofit organization Learning Undefeated launched the first-of-its-kind Breakout Box: Manufacturing Mission, a new immersive learning experience focused on manufacturing skills and careers. The purpose-built futuristic learning pod will travel directly to schools and engage students in an escape-room-style mission using competition, collaboration, and fast-paced gameplay. To beat the Breakout Box mission, student teams must optimize key manufacturing concepts such as scheduling and inventory disruptions, performance, efficiency, and quality control."The future of our economy belongs to the makers, and manufacturing careers are the future," said Learning Undefeated Chief Innovation Officer Jennifer Colvin. "By 2033, nearly four million new manufacturing jobs will need to be filled, which is more than the entire population of Dallas and Houston combined. Through our new Manufacture Your Path program, we want students to know that these high-paying, high-tech jobs are waiting for them right here in their hometown."A ribbon cutting event was held this morning in Carrollton-Farmers Branch ISD's Ranchview High School in Irving, Texas, where more than 300 students competed in a heist-themed mission onboard the mobile laboratory

PR Newswire
Jan 30th, 2025
Caterpillar Reports Fourth-Quarter And Full-Year 2024 Results

Fourth-quarter 2024 sales and revenues were $16.2 billion; full-year sales and revenues were $64.8 billion. Fourth-quarter 2024 profit per share of $5.78; adjusted profit per share of $5.14. Full-year profit per share of $22.05; adjusted profit per share of $21.90

PR Newswire
Jan 21st, 2025
Sun'S Down, Lights Up! Cat® Trial 14: After Hours Is Live

FORT ATKINSON, Wis., Jan. 21, 2025 /PRNewswire/ -- IRONMARKETS covers Caterpillar Inc's revival of fan-favorite Cat ® Trials program, celebrating the company's 100th year as the world's leading construction and mining equipment manufacturer."Cat Trial 14: After Hours" celebrates the company's rich history in an epic nighttime spectacle that brings past, present and future Caterpillar equipment to life under the jobsite lights

PJ Star
Jan 19th, 2025
Caterpillar sells downtown building to healthcare management company

Pointcore, a healthcare consulting and management company, purchased the property from Caterpillar Inc. for $5.5 million in November.

PR Newswire
Jan 16th, 2025
Caterpillar Inc. To Announce Fourth-Quarter And Full-Year 2024 Financial Results On January 30

IRVING, Texas, Jan. 16, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release fourth-quarter and full-year 2024 financial results at 5:30 a.m. CST on Thursday, Jan. 30. The full text of the release will be available at investors.caterpillar.com/financials/quarterly-results and on PR Newswire

PR Newswire
Jan 15th, 2025
Caterpillar Announces Executive Officer Retirement

IRVING, Texas, Jan. 15, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced Chief Human Resources Officer Cheryl H. Johnson will retire April 30 following an impactful seven-year career at the company."Cheryl's leadership and vision have transformed the Caterpillar HR function to align with the company's business strategy, sharpened our focus on talent development and cultivated a culture of continuous improvement," said Caterpillar Chairman and CEO Jim Umpleby. "On behalf of the entire Caterpillar team, I thank Cheryl for her dedicated service."

Investing.com
Jan 15th, 2025
Caterpillar CHRO Cheryl Johnson to retire in April

IRVING, Texas - Caterpillar Inc. (NYSE: NYSE:CAT), a global leader in construction and mining equipment with a market capitalization of $181.7 billion, announced today that Chief Human Resources Officer (CHRO) Cheryl H. Johnson will retire on April 30, marking the end of her seven-year tenure with the company.

PR Newswire
Jan 9th, 2025
Caterpillar Kicks Off Its Next 100 Years Of Innovation And Industry Leadership

Company celebrates its centennial anniversary with employees, founders and communitiesIRVING, Texas, Jan. 9, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today marked its 100th anniversary with celebrations throughout the U.S. that commemorate a monumental moment in the company's history. The iconic manufacturing company officially turns 100 on April 15, marking a century of customer-centric innovation and industry-leading transformation

RER Magazine
Dec 17th, 2024
Cat D8 Dozer Provides Advanced Technology for Different Machine Sizes

Caterpillar Inc. is announcing the new Cat D8 dozer with advanced technology designed to provide faster, more accurate results.

Brands Untapped
Dec 12th, 2024
Anti Social Social Club teams with Caterpillar Inc for Cat streetwear

Anti Social Social Club has teamed up with Caterpillar Inc for a new collection inspired by the Cat workwear brand.

VVCO
Dec 11th, 2024
Caterpillar Aurora Office Closure's Commercial Real Estate Impact

Caterpillar Inc.'s recent decision to close its office near Aurora, Illinois, and lay off 60 employees underscores a pivotal moment for the region.

PR Newswire
Dec 10th, 2024
Caterpillar Inc. Maintains Dividend

IRVING, Texas, Dec. 10, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly dividend of one dollar and forty-one cents ($1.41) per share of common stock, payable Feb. 20, 2025, to shareholders of record at the close of business on Jan. 21, 2025. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933

Turf Magazine
Dec 9th, 2024
CAT Launches 2025 Global Operator Challenge

Caterpillar Inc. has launched its third Global Operator Challenge, inviting thousands of machine operators worldwide to put their agility, resilience and versatility to the test on a wide range of construction equipment and technology.

MarketBeat
Dec 5th, 2024
Stevens Capital Management LP Invests $4.46 Million in Caterpillar Inc. (NYSE:CAT)

Stevens Capital Management LP invests $4.46 million in Caterpillar Inc. (NYSE:CAT).