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Greater Peoria, IL
Greater Peoria, IL

Global Cost Program Manager



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Peoria, IL, USA
Posted on Thursday, February 1, 2024

Career Area:


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.

Are you a seasoned professional with passion for driving cost efficiencies and leading impactful initiatives? Join our dynamic team as the Global Cost Program Manager, where you will take the reins on cost reduction strategies for Medium Wheel Loaders (MWL). Your role will involve spearheading end-to-end cost reduction initiatives and establishing robust processes to monitor and communicate the process of cost improvements within the business. Bring your expertise to the forefront and make a significant impact in shaping the financial success of our organization.

Join us in this dynamic role where your critical thinking and leadership skills will contribute significantly to our overall business success. Be part of a forward-thinking team that values your skills and encourages your professional growth.

What you will do:

  • Portfolio Leadership:
    • Provide direct global team and portfolio leadership to the global cost program for the MWL business.
    • Drive year-over-year improvements by defining, establishing, and meticulously monitoring project management goals within the program.
  • Worldwide Competitive Targets:
    • Collaborate seamlessly with cross-functional team members to develop and set ambitious world-wide, competitive-based product cost targets.
    • Harness the power of teamwork to achieve and maintain global cost positions that keep us at the forefront of industry competitiveness.
  • Cross-Functional Leadership:
    • Take the lead on high-value cost reduction projects, guiding cross-functional teams to success.
    • Be the driving force behind achieving our MWL cost reduction targets, ensuring that each project contributes significantly to our overall success.
  • Building Strong Relationships:
    • Establish, nurture, and sustain robust working relationships across our diverse business partners.
    • Foster an environment of collaboration and trust, where strong relationships are the foundation for achieving common goals.

Ready to step into a role where your leadership will shape the future of cost efficiency for MWL? Join Caterpillar and be at the forefront of global competitiveness, making a lasting impact on our success.

What You Have (Basic Qualifications):

  • Degree Requirement: bachelor’s degree in a technical or business curriculum is strongly preferred. A combination of education and demonstrate progressive experience is required.
  • Leadership: Proven leadership skills, capable of guiding teams towards common goals and inspiring excellence in performance. Demonstrated ability to lead cross-functional teams through challenges, leveraging diverse expertise to achieve impactful results.
  • Budgeting: Proven ability to effectively allocate resources and manage budgets to meet strategic cost reduction objectives. Demonstrated expertise across a spectrum of disciplines such as operations, engineering, project management, accounting, etc., providing a solid foundation for budgeting skills.
  • Influencing: Strong influencing skills, capable of driving change and garnering support from stakeholders at all levels of the organization. Thorough understanding of engineering and/or manufacturing processes, as well as sourcing and supply chain strategies, enabling effective influence in cost reduction initiatives.
  • Goal Setting: Skilled in setting clear achievable goals for cost reduction initiatives, with a keen understanding of how they align with overall business objectives. Understanding of supply chain strategies contributing to the development of realistic and impactful cost reduction goals.
  • Decision Making and Critical Thinking: Exceptional decision-making abilities and critical thinking skills, enabling sound judgement in complex cost reduction scenarios and dynamic business environments.

Top candidates will have:

  • Alignment: Ability to foster alignment and collaboration across diverse cross-functional teams, ensuring everyone is working towards common cost reduction goals.
  • Project Management: Strong project management skills, with a track record of successfully planning, executing, and delivering projects on time and within budget.
  • Managing Multiple Projects: Proficient in managing multiple projects simultaneously, prioritizing tasks effectively to meet deadline and deliver results. Ability to juggle various projects with competing priorities, maintaining focus, and driving progress across all initiatives.

Additional Info:

  • International travel required (10-15%)
  • Domestic relocation is available for those who qualify.
  • Visa sponsorship is not available.

What You Will Get:

Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.

Here you earn more than just a salary because we value your performance. We offer a total rewards package that provides day one benefits [medical, dental, vision, RX, and 401(k)] along with the potential of an annual bonus.

Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).

About Caterpillar:

Caterpillar Inc. is the world’s 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’ve 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.


Relocation is available for this position.Visa Sponsorship is not available for this position. 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 www.caterpillar.com/careers.

Posting Dates:

February 1, 2024 - February 15, 2024

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

EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

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This job is no longer accepting applications

See open jobs at Caterpillar.