Product Procurement Engineer

At Caterpillar, we are constantly striving to deliver the best products to our customers. As a Product Procurement Engineer, you will play a crucial role in ensuring that our supply chain is efficient and reliable, allowing us to meet the demands of our customers. We are looking for a highly motivated and detail-oriented individual with a passion for problem-solving and a deep understanding of the procurement process. If you are ready to take on a challenging yet rewarding position in a dynamic and innovative company, we want to hear from you!

1. Develop and maintain relationships with suppliers to ensure timely and reliable delivery of materials and components.
2. Analyze and evaluate supplier performance to identify areas for improvement and cost savings opportunities.
3. Collaborate with cross-functional teams to identify product requirements and specifications for procurement.
4. Negotiate contracts and pricing with suppliers to ensure competitive pricing and favorable terms.
5. Monitor inventory levels and work closely with suppliers to maintain optimal levels.
6. Develop and implement procurement strategies to improve efficiency and reduce costs.
7. Continuously evaluate and improve the procurement process to ensure it aligns with company goals and objectives.
8. Stay updated on market trends and industry best practices to make informed decisions about suppliers and materials.
9. Participate in new product development and provide input on supply chain feasibility.
10. Maintain accurate and detailed records of procurement activities and provide regular reports to management.
11. Act as a liaison between suppliers and internal teams to resolve any issues or delays in the procurement process.
12. Ensure compliance with company policies, procedures, and ethical standards in all procurement activities.
13. Identify potential risks and develop contingency plans to mitigate them.
14. Train and mentor junior procurement team members.
15. Keep up-to-date with technological advancements and implement new tools and processes to improve procurement efficiency.

According to JobzMall, the average salary range for a Product Procurement Engineer in Tucson, AZ, USA is approximately $70,000-$90,000 per year. This can vary based on factors such as experience, education, and company size. Some companies may also offer bonuses or additional benefits that can impact the overall salary.

Caterpillar, Inc. engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It provides technology for construction, transportation, mining, forestry, energy, logistics, electronics, financing, and electric power generation. It operates through the following segments: Construction Industries, Resource Industries, Energy & Transportation, and Financial Products.