Senior Cost Engineer

Career Area:

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar yourejoining 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 dontjust 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.

About P&E Procurement

Caterpillars E&T Procurement organization plays a critical role in supporting all divisions within Power and Energy. Our work is geared towards our pistons of Predictable Supply Excellence Optimized Total Cost of Ownership Supplier Relationship Management and Lifecycle Sourcing Strategy. We continue to develop suppliers who competitively deliver operational excellence enabling our customers to build a better world. With a strong focus on data-driven decision-making and operational efficiency E&T Procurement leverages advanced tools and processes to connect the physical and digital supply chain enabling business units to deliver high-performance solutions that meet evolving customers and business needs.

Job Summary:
In this role you will be a key driver of cost competitiveness and margin performance for our Power and Energy business leading supplier component cost targets for our products mostly within your assigned region. This role operates at the intersection of suppliers design control engineers value chain engineering and procurement category teams influencing design sourcing strategy and supplier engagement across both New Product Introduction (NPI) and production programs. If you are technically grounded and a commercially minded engineer who can translate manufacturing and design complexity into fact-based cost insights challenge assumptions and deliver measurable financial results in a highly collaborative environment then apply today!

What you will do:

• Lead advanced technical cost analysis and should-cost modeling for supplier components identifying primary cost drivers across materials manufacturing processes labor and overhead
• Establish and deliver component cost targets by performing gap analysis and driving cross-functional alignment to close cost gaps across NPI and production programs
• Influence supplier negotiations by partnering with Category Buyers to develop data-driven cost strategies support fact-based discussions and enable value-focused outcomes
• Collaborate with Engineering during NPI to influence design-to-cost decisions and educate stakeholders on manufacturability scalability and cost trade-offs across diesel and electrification technologies
• Engage directly with suppliers to identify and execute sustainable cost reduction opportunities while maintaining technical performance quality and delivery expectations
• Drive Value Analysis and Value Engineering (VAVE) through cost modeling design for manufacturability and leveraging suppliers capabilities

What you will have:
Data-Driven Decision Making: Extensive knowledge of the data-driven decision-making process and associated tools and techniques; ability to gather and analyze data to make organizational decisions that align with strategic business objectives and goals.

Analytical Thinking: Extensive knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.

Interpersonal Relationships: Extensive knowledge of the techniques and the ability to work and communicate with a variety of individuals and groups in a constructive and collaborative manner while driving organizational priorities.

Cost-Benefit Analysis: Extensive knowledge of the principles and tools used in cost-benefit analysis; ability to analyze the purpose and scope of a producer product process or project in terms of cost and benefits.

Additional Information:

• This position can be located in Mossville IL or Dallas TX
• This role will require 5-day-a-week in office presence.
• Domestic travel up to 20% is required.
• Domestic relocation assistance is offered for this position.

About Caterpillar

Caterpillar Inc. is the worlds leading manufacturer of construction and mining equipment off-highway diesel and natural gas engines industrial gas turbines and diesel-electric locomotives. For nearly 100 years we have been helping customers build a better more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services backed by our global dealer network provide exceptional value that helps customers succeed.

Please ensure you frequently check the e-mail account you provided on your application including the junk/spam folder as this is the primary correspondence method in our recruiting process.

This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer such as H L TN F J E O. As a global company Caterpillar offers many job opportunities outside of the U.S. which can be found through our employment website at Pay Range:

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

Benefits:

Subject to plan eligibility terms and guidelines. This is a summary list of 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

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.

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