**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. **Role Definition:** Processes requisitions and provides support for purchasing, supply chain, sourcing, cost, price analyses and contract/purchase order generation. **Responsibilities:** • Developing improvement plans to support buyers & professionals related to Response Time, Lean Targets Quality, Cost, Logistics, Development, and Management (QCLDM) to enable optimal and efficient operations. • Performing analysis and maintenance of assigned processes that produce output excellence, builds expertise for the assign process area, and contributing to continuous improvement efforts. • Supporting customers and customer proposal efforts with pricing information and supplier selection. • Performing analytical and administrative tasks in support of purchasing strategic initiatives. Degree Requirement: Bachelor of Engineering from Tier 1 college/University. **ROLE** Caterpillar India is seeking a **Cost Reduction Project Lead/ Category Buyer** in Thiruvallur, India. In this role, the Candidate will be tasked with defining and driving cost improvements for Global Drivetrain Procurement with an Estimated spend of $1Bn. The Candidate will closely work with Global Category Managers & Buyers to help them focus on Cost Reduction including parts & aftermarket and provide support at strategic and tactical levels. **SKILLS** + Business Acumen: Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations. + Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. + Project Management: Knowledge of effective project management strategies and tactics; ability to plan, organize, monitor, and control projects, ensuring efficient utilization of technical and administrative resources to achieve project objectives. + Data Gathering and Reporting: Knowledge of tools (Microsoft Power BI, Automation Techniques, Excel, etc), techniques and processes for gathering and reporting data; ability to practice them in a particular department or division of a company. + Teamwork: Ability to work with a variety of individuals and groups in a constructive and collaborative manner. **KEY RESPONSIBILITIES** + Analysis of historical cost data to predict future cost estimates + Predict and Manage Cost Increases In line with Enterprise Cost Goals + Material cost planning & Management + Commodity Forecast & Management + Budget Forecast and Maintenance + Interpret potential risks, threats, and opportunities involved to achieve Cost Goals + Work closely with Global Buyers to Lead VAVE Projects + Drive cost-reduction or profitable solutions + Conduct market research to support future business planning + Prepares periodic cost reconciliation reports tracking data such as changing labor and supply costs. + Contribute to developing yearly operation plans, budgets, and estimating new product costs, including economic analysis + Handling Big Data from Global team and Analyse based on requirement This Job Description is intended as a general guide to the job duties for this position and is intended for the purpose of establishing the specific salary grade. It is not designed to contain or be interpreted as an exhaustive summary of all responsibilities, duties and effort required of employees assigned to this job. At the discretion of management, this description may be changed at any time to address the evolving needs of the organization. It is expressly not intended to be a comprehensive list of “essential job functions” as that term is defined by the Americans with Disabilities Act. Relocation is available for this position. **Posting Dates:** January 6, 2025 - January 10, 2025 Caterpillar is an Equal Opportunity Employer (EEO). Not ready to apply? Join our Talent Community (http://flows.beamery.com/caterpillarinc/talcom) .