Senior Product Procurement Manager

Caterpillar; Decatur (IL); On-site; USD 159,000 - 239,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

401(k) savings plans

Paid time off plan

Health Savings Account (HSA)

Tuition Reimbursement

Career Development

Job summary

Caterpillar Inc. in Decatur, IL is seeking a Senior Product Procurement Manager to lead the procurement organization for Large Mining Truck and Off-Highway Truck programs.

You will guide sourcing strategy, supplier risk management, and cross-functional partnerships to enable production and new product introductions. You will coach a team of procurement professionals, collaborate with Engineering, Operations, Quality, and global supply chain partners to balance short-term needs with long-term

Qualifications

• Knowledge of procurement responsibilities, leadership, and supplier engagement.
• Ability to develop and execute category and sourcing strategies.
• Excellent communication across engineering, operations, and suppliers.
• Strong negotiation skills for supplier agreements and contracts.
• Ability to perform cost-benefit analysis for sourcing decisions.
• Experience analyzing supplier data to identify risks and opportunities.

Responsibilities

• Lead procurement activities supporting LMT and OHT products, balancing current production with long-term priorities.
• Proactively manage supplier risk, capacity planning, dual-sourcing, and business continuity.
• Develop and execute long-term category and sourcing strategies aligned with objectives.
• Engage early in NPI and product changes to support successful launches.
• Lead negotiations and supplier performance reviews to improve cost and quality.
• Drive profit improvement through strategic sourcing and cost reduction initiatives.
• Coach and develop a high-performing procurement team across functions.

Skills

Procurement Function

Category Management

Effective Communications

Negotiating

Cost-Benefit Analysis

Data Analytics

Education

Bachelor’s degree in supply chain management, business administration, engineering, or a related field

Job description

Career Area:

Procurement

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Caterpillar is seeking a Senior Product Procurement Manager to lead the procurement organization supporting Large Mining Truck (LMT) and Off-Highway Truck (OHT) operations. This leadership role is responsible for developing sourcing and category strategies, strengthening assurance of supply, supporting current production, and enabling successful new product introductions across Caterpillar's mining truck portfolio.

In this role, you will lead a team of procurement professionals while partnering closely with Engineering, Operations, Quality, Logistics, Product Groups, and global supply chain partners. You will balance immediate production and supplier needs with longer-term sourcing strategies that support cost competitiveness, supplier performance, product launches, and business growth.

This is an opportunity to influence critical procurement decisions for a complex manufacturing operation while building strong supplier and cross-functional partnerships.

What you will do:

• Lead Product Procurement - Lead procurement activities supporting the Large Mining Truck (LMT) and Off-Highway Truck (OHT) product lines manufactured in Decatur, balancing current production needs with longer-term product and business priorities.
• Strengthen Assurance of Supply - Proactively manage supplier risk, capacity planning, dual-sourcing strategies, business continuity, and recovery efforts to maintain material availability and minimize production disruptions.
• Shape Category and Sourcing Strategy - Develop and execute long-term category and sourcing strategies aligned with business objectives, production plans, supplier capabilities, and product growth initiatives.
• Enable New Product Introductions - Engage early in NPI, product upgrades, and engineering changes to understand new concepts, develop sourcing approaches, drive supplier readiness, and support successful product launches.
• Drive Supplier and Commercial Performance - Build strategic supplier partnerships and lead negotiations, contract management, performance reviews, supplier development, and continuous improvement efforts focused on quality, cost, delivery, innovation, and sustainability.
• Improve Business Performance - Drive operating profit improvement through strategic sourcing, value engineering, cost reduction, productivity initiatives, and total cost of ownership optimization while supporting OPACC and broader enterprise objectives.
• Lead Through Partnership - Lead, coach, and develop a high-performing procurement team while partnering across Engineering, Operations, Quality, Logistics, Product Groups, product procurement engineering, and global supply chain partners to solve complex business and supply challenges.

What skills you have:

• Procurement Function: Knowledge of the responsibilities, accountabilities, and organization of the procurement function; ability to lead procurement activities supporting current production and product programs, including supplier engagement, sourcing execution, assurance of supply, and supplier readiness.
• Category Management: Knowledge of category management within Caterpillar’s goods and services sector; ability to develop and execute category and sourcing strategies that align supplier capabilities with production requirements, product strategies, and business objectives while improving end-to-end procurement performance and business profitability.
• Effective Communications: Understanding of effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and business needs. Ability to build effective working relationships across Engineering, Operations, Quality, Logistics, Product Groups, product procurement engineering, suppliers, and global supply chain partners to address supply challenges and support product and sourcing decisions.
• Negotiating: Knowledge of successful negotiation concepts and techniques; ability to negotiate constructively and collaboratively across the organization and with external suppliers. Ability to identify and implement improved approaches that strengthen supplier performance, sourcing effectiveness, cost competitiveness, and procurement processes.
• Cost-Benefit Analysis: Knowledge of the principles and tools used in cost-benefit analysis; ability to evaluate sourcing alternatives, supplier strategies, products, processes, and projects based on cost and business benefit to support commercial decisions and operating profit improvement.
• Data Analytics: Knowledge of techniques and processes for inspecting, cleansing, transforming, and modeling data; ability to analyze supplier, sourcing, cost, capacity, and performance information to identify risks, draw logical conclusions, and support procurement and supply decisions.

Top candidates will also have:

• Bachelor’s degree in supply chain management, business administration, engineering, or a related field, or equivalent experience.
• Significant experience in procurement, supply chain management, strategic sourcing, or category management.
• Demonstrated experience leading teams within a manufacturing or industrial environment.
• Experience managing supplier relationships, contract negotiations, and commercial agreements.
• Experience supporting large manufacturing operations, heavy equipment, mining, construction, or industrial products.
• Knowledge of Large Mining Truck (LMT), Off-Highway Truck (OHT), or related product platforms.
• Experience leading global sourcing and supplier development initiatives.
• Demonstrated success leading procurement activities for New Product Introduction (NPI) programs.

Additional information:

• Primary Work Location: This role is based in Decatur, IL and will require working onsite five days a week.
• Relocation: Domestic relocation assistance is available.
• Travel: This position will require occasional travel between 10-25%
• Sponsorship: Visa sponsorship, international assignments, and payroll transfers are not available for this role.

Summary Pay Range:

$159,120.00 - $238,680.00

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.

Benefits:

• Medical, dental, and vision benefits*
• Paid time off plan (Vacation, Holidays, Volunteer, etc.)*
• 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

* These benefits also apply to part-time employees

This position requires working onsite five days a week.Relocation is available for this position.Visa Sponsorship is not available for this position.

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.