Full-Time

Category Procurement Manager

Deadline 8/29/26
Caterpillar

Caterpillar

10,001+ employees

Produces heavy construction and mining equipment

Compensation Overview

$147.8k - $221.6k/yr

+ Incentive bonus

No H1B Sponsorship

East Peoria, IL, USA

In Person

Relocation is not available. Domestic travel is less than 25%.

Bachelor's

Category
Operations & Logistics (1)

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Requirements
  • A degree or equivalent experience is desired.
  • Extensive experience communicating effectively, including adapting documents and presentations, reviewing others' work, persuading stakeholders, and communicating across organizational levels.
  • Extensive experience negotiating with internal and external vendors and clients, managing differing interests, resolving stalemates, and achieving constructive outcomes.
  • Knowledge of category management within goods and services sectors and the ability to analyze and improve end-to-end procurement processes.
  • Knowledge of supplier management manufacturing processes for raw materials or product components, including supplier performance, quality standards, partnerships, issue resolution, and records management.
  • Knowledge of strategic sourcing methods, technologies, and processes, including negotiations, contracting, continuous improvement, supplier agreements, and procurement policies.
Responsibilities
  • Develop, communicate, and implement a worldwide sourcing strategy for a specific category.
  • Identify performance gaps within the supply base and develop improvement plans.
  • Collaborate with the Supply Network on risk mitigation and use predictive cost modeling for geographic and component-based analysis.
  • Identify, develop, and manage a high-performing global supply network for one or more categories using Procurement Classification Codes.
  • Advise on streamlining procurement strategy to realize the strategic benefits of category management.
  • Design and develop supplier agreements and procurement policies with standard terms and conditions.
  • Prepare reports evaluating the impact of category management on procurement processes and present return-on-investment data to management.
  • Supervise execution of all stages of the category management process.
  • Facilitate supplier partnering arrangements that share risk and reward.
  • Monitor supplier performance and resolve discrepancies between performance and agreements.
  • Develop supplier quality standards and controls.
  • Build and maintain partnerships with multiple and/or large suppliers.
  • Evaluate issues and terminate supplier relationships as appropriate while working with legal departments.
  • Ensure fulfillment of reporting and record-keeping requirements.
  • Monitor execution of all stages of the strategic sourcing process.
  • Work with complex strategic sourcing components, including negotiations, contracting, continuous process improvement, and implementation.
  • Consult on strategic sourcing methods in relation to business relationships, interdependencies, and integration.
  • Develop and explain strategic sourcing best practices and rationale for the organization and industry.
  • Train others on category management and strategic sourcing.
Desired Qualifications
  • Prior procurement experience in castings, fabrications, and/or non-metallics categories.
  • Prior procurement experience in drivetrain components.

Caterpillar designs and manufactures heavy machinery and engines for construction, mining, energy, and rail projects. It sells heavy equipment, engines, parts, and services worldwide, and also provides financing options and aftermarket maintenance and repair. The company differentiates itself through its global scale, integrated sales-partssupport-financing ecosystem, and a large maintenance network that keeps customers’ fleets running. Its goal is to help customers complete large-scale projects safely, efficiently, and sustainably, while supporting communities and environmental responsibility through initiatives like the Caterpillar Foundation.

Company Size

10,001+

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1925

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 sales hit $20.5 billion, with backlog reaching $72.1 billion.
  • Power generation sales jumped 72% in Q2 2026 on AI data-center demand.
  • June 2026 Pilbara battery-electric haul truck trial expands Caterpillar's decarbonization story.

What critics are saying

  • Tariffs still cost about $2.2 billion in 2026, pressuring margins immediately.
  • Dealers plan over $1 billion of construction inventory cuts in Q4 2026.
  • A data-center demand reversal would strand engine capacity and reset Caterpillar's growth narrative.

What makes Caterpillar unique

  • Nearly 700 autonomous trucks and 11 billion tonnes moved prove mining autonomy leadership.
  • Caterpillar's dealer network spans 190 countries, giving unmatched parts and service reach.
  • Its power-generation engine base now feeds data centers, mines, and oilfields.

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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

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Yahoo Finance
Aug 20th, 2026
Caterpillar and Cummins post record quarters as AI data centre boom drives power demand

Caterpillar and Cummins reported record second-quarter results, driven by surging demand for power generation equipment needed for AI data centres. Caterpillar's sales rose 24% year-over-year to $20.5 billion, with adjusted earnings per share of $8.17 exceeding analyst expectations. The company's Construction Industries segment grew 35% to $8.3 billion, whilst Power & Energy increased 17% to $8.2 billion. Cummins reported record revenue of $9.5 billion and diluted earnings per share of $6.73. Both companies raised their full-year guidance, with Caterpillar now expecting mid- to high-teens percentage revenue growth and Cummins forecasting 10-13% growth. The results reflect increased data centre power demand, with global usage expected to rise 26% by 2026 to 565 terawatt-hours.

Yahoo Finance
Aug 19th, 2026
Weaker US industrial output tests Caterpillar's record backlog amid tariff pressure

Caterpillar faces scrutiny after weaker-than-expected US industrial production data for July raised questions about demand resilience. The softer figures contrast with the company's record backlog and optimistic infrastructure outlook. The equipment maker recently upgraded its 2026 sales guidance to mid-to-high teens growth, supported by accelerating volumes across all three segments. However, investors now focus on whether Caterpillar can convert its order book into shipments without sacrificing pricing or margins. Potential tariff costs could reach $1.3 billion to $1.5 billion annually. The company's narrative projects $94.5 billion revenue and $17.4 billion earnings by 2029, requiring 10.1% yearly revenue growth. Cautious analysts assume only 6.8% annual revenue growth to roughly $91 billion, viewing recent industrial softness as pressure that could test margin preservation.

Yahoo Finance
Aug 12th, 2026
Caterpillar posts record $20.5B quarter as analysts question if AI-fueled power demand can offset construction slowdown

Caterpillar reported a record $20.5 billion quarter, but analysts focused on whether the company has peaked or is entering a new growth cycle. Shares are down 21% from recent highs after a 103% run last year. The key concern centres on whether the Power & Energy segment can offset potential slowdown in Construction Industries. Management acknowledged construction will likely see typical inventory reduction in Q4, but emphasised Power & Energy faces production constraints, not demand issues. Caterpillar's $72 billion backlog extends to 2030, driven by AI and data centre demand. Management highlighted diversification, noting the oil and gas business backlog is nearly double last year's level, suggesting growth beyond a single market. The company confirmed data centre customers show no signs of slowing.

Yahoo Finance
Aug 11th, 2026
Caterpillar's $72B backlog stretches to 2030 as data centre demand outpaces production capacity

Caterpillar surpassed $20 billion in quarterly sales for the first time in Q2 2026, yet its stock has dropped 6.5% over three months. The company faces a production constraint rather than a demand problem, with its backlog reaching $72 billion and lead times for gas engines extending into late 2028 and 2029. The manufacturer is addressing capacity limits by restarting a mothballed engine platform and converting existing facilities. Power generation sales to end users jumped 72% in Q2 2026, driven primarily by data centre demand. Management raised its full-year sales growth outlook to mid- to high teens from low double digits. However, dealers are expected to reduce Construction Industries inventory by over $1 billion in Q4 2026. The stock currently trades 21% below its 52-week high, with implied volatility at the 80th percentile of its trailing one-year range.

Yahoo Finance
Aug 5th, 2026
Caterpillar raises 2026 sales outlook to high teens as backlog hits $72B

Caterpillar raised its 2026 sales outlook to mid- to high-teens growth, up from its April forecast, citing strong demand across its three primary segments. The company reported record backlog of $72 billion, up $9 billion sequentially and 92% year over year, with 59% scheduled for delivery within 12 months. Second-quarter sales rose 24% to $20.54 billion, the company's first quarter above $20 billion. Adjusted earnings of $8.17 per share topped consensus estimates of $6.25. Power Generation sales to users surged 72%, driven by data centre applications. Caterpillar is restarting production of a 10-megawatt gas reciprocating engine platform and plans to restore about 1.5 gigawatts of capacity, with shipments beginning in the fourth quarter.