Full-Time

Procurement Strategy Manager

Posted on 2/3/2025

Caterpillar Inc.

Caterpillar Inc.

10,001+ employees

Manufactures heavy machinery for various industries

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
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 providing powerful tools that can perform tasks like digging, lifting, and transporting materials. Unlike many competitors, Caterpillar has a strong aftermarket service, offering maintenance and repair to ensure their machines operate efficiently over time. The company's goal is to support its clients with reliable machinery 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

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Simplify's Take

What believers are saying

  • Increased demand for autonomous equipment drives innovation in heavy machinery.
  • Global infrastructure development boosts demand for construction equipment.
  • Adoption of AI and IoT enhances product performance and customer satisfaction.

What critics are saying

  • Emerging market competition from Chinese manufacturers like Sany and XCMG.
  • Trade tensions with China could increase tariffs, affecting cost structure.
  • Environmental regulations may require costly product modifications.

What makes Caterpillar Inc. unique

  • Caterpillar's century-long experience sets it apart in the heavy machinery industry.
  • Strong global presence in North America, Europe, and Asia enhances market reach.
  • Commitment to sustainability and community development through the Caterpillar Foundation.

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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

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