Product Procurement Engineer

Caterpillar Inc.•Mossville, IL

3d•$112,710 - $169,060•Onsite

About The Position

The Product Procurement Engineer supports the IPSD-L business unit’s new product introduction (NPI) programs and cost avoidance and reduction initiatives within Caterpillar’s Power & Energy Procurement organization. The organization supports Power & Energy divisions through predictable supply, optimized total cost of ownership, supplier relationship management, and lifecycle sourcing strategy, using data-driven decision-making and operationally efficient processes. The role develops competitive sourcing strategies, contributes procurement insight to make-or-buy decisions, identifies suppliers for NPI parts, advances supplier tooling requests, and ensures pilot and production parts are available to support program launches. It works across teams to keep NPI programs on track and on schedule.

Requirements

Extensive understanding of effective communication concepts, tools, and techniques, with the ability to transmit, receive, and accurately interpret ideas, information, and needs.
Extensive understanding of cost-benefit analysis principles and tools, with the ability to assess a producer, product, process, or project in terms of costs and benefits.
Working knowledge of supplier management processes and methods for managing supplier relationships and transactions involving raw materials or product components.
Working knowledge of strategic sourcing methods, technologies, and processes, with the ability to analyze and continuously improve procurement processes.
Knowledge of interpersonal relationship techniques and the ability to work constructively and collaboratively with a variety of individuals and groups.

Nice To Haves

Experience with Caterpillar NPI process and Gateways.
Experience with procurement systems such as Lognet or PROcure.
Basic operational understanding of engine components.
An established network with IPSD-Large engineering and Power and Energy Procurement teams.
Understanding of supplier selection strategies and supplier tooling management.

Responsibilities

Develop clear, competitive RFx packages to shape sourcing strategies.
Provide procurement insights to support make-or-buy decisions.
Identify and select high-performing suppliers for new product introduction parts.
Deliver cost avoidance and cost reduction initiatives.
Advance supplier tooling requests to support program readiness.
Ensure pilot and production parts arrive when needed to support launches.
Partner across teams to keep NPI programs on track and on schedule.