Strategic Category Buyer — Data-Driven Sourcing

Caterpillar Financial Services Corporation; Mossville (IL); On-site; USD 98,000 - 146,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

Paid time off plan

401(k) savings plans

Health Savings Account

Flexible Spending Accounts

Career Development

Incentive bonus

Tuition Reimbursement

Parental leave

Adoption benefits

Job summary

Caterpillar Inc. is hiring a Category Buyer in the Power & Energy Procurement group to deliver maximum value through QCLDM—Quality, Cost, Logistics, Development, and Management—focusing on the Engine General Castings Tier 2 foundry supply base.

You will develop and execute category strategies, collaborate with suppliers, monitor performance, and apply data analytics to drive cost reductions, supplier optimization and risk management in a high-impact, onsite role.

Qualifications

• Advises stakeholders on the relationship between financial, performance, and operational data used in business data analytics.
• Anticipates operational challenges of data collection and its integration with decision-making.
• Identifies correlations that reveal trends and determine conditions.
• Evaluates the quality of data collected and the effectiveness of data analysis methods for evaluating business performance.
• Interprets potential risks, threats, and opportunities involved with predictive modeling.
• Directs the implementation of business data collection processes and educates junior employees on new data sources.

Responsibilities

• Developing, managing and executing the category strategy managing policies, agreements, source catalogs, and special procurement programs.
• Recognizing the potential for cost decreases, inventory reductions and quality improvement, as well as responsibility for soundness of business proposals and risk assessment.
• Acting as the liaison between the organization and the supplier to communicate information explicitly, while considering production demands and suppliers' conditions.
• Documenting the suppliers' performance on time sensitiveness and production; maintains a strong relationship with suppliers.

Skills

Data analytics

Negotiation

Supplier relationship management

Strategic sourcing

Job description

Caterpillar Inc. is hiring a Category Buyer in the Power & Energy Procurement group to deliver maximum value through QCLDM—Quality, Cost, Logistics, Development, and Management—focusing on the Engine General Castings Tier 2 foundry supply base.

You will develop and execute category strategies, collaborate with suppliers, monitor performance, and apply data analytics to drive cost reductions, supplier optimization and risk management in a high-impact, onsite role.