Product Procurement Engineer
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 role helps develop sourcing strategies and supplier relationships that support operational excellence, predictable supply, optimized total cost of ownership, and lifecycle sourcing. The position develops competitive RFx packages, contributes procurement insights to make-or-buy decisions, identifies suppliers for NPI parts, advances supplier tooling requests, and coordinates timely delivery of pilot and production parts. It partners across teams to help keep NPI programs on track and launches on schedule. The position is onsite five days a week.
Requirements
- Extensive understanding of effective communication concepts, tools, and techniques, with the ability to accurately convey and interpret ideas, information, and needs.
- Extensive understanding of cost-benefit analysis principles and tools, with the ability to analyze costs and benefits for a producer, product, process, or project.
- Working knowledge of supplier management processes and methods for managing business relationships and transactions with suppliers of 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 varied individuals and groups.
Nice To Haves
- Experience with Caterpillar’s NPI process and Gateways.
- Experience with procurement systems such as Lognet or PROcure.
- Basic understanding of engine component operations.
- An established network with IPSD-Large engineering and Power & 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 suppliers for new product introduction parts.
- Deliver cost avoidance and cost reduction initiatives.
- Move supplier tooling requests forward to support program readiness.
- Ensure pilot and production parts arrive when needed for launches.
- Partner across teams to keep NPI programs on track and on schedule.
Benefits
- Medical, dental, and vision benefits
- Paid time off, including vacation, holidays, and volunteer time
- 401(k) savings plans
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Health Lifestyle Programs
- Employee Assistance Program
- Voluntary benefits and employee discounts
- Career development
- Incentive bonus
- Disability benefits
- Life insurance
- Parental leave
- Adoption benefits
- Tuition reimbursement
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
