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Peoria Full-Time
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Job Title & ID #: Buyer/Purchasing
Duration: 12 months
Location:Peoria IL 61629

Job Descriptions:

The main function of a buyer is to purchase machinery, equipment, tools, parts, supplies or services necessary for the operation of an establishment. A typical buyer is responsible for buying goods and services for use by their company or organization. A purchasing agent is responsible for the purchase of machinery, equipment, parts, or services necessary for the operation of an establishment. Job Responsibilities: Review and potentially optimize suppliers based on price, quality, selection, service, support, availability and other relevant factors. Approve purchases of the highest quality merchandise at the lowest possible price and in correct amounts. Approve purchase orders, solicit bid proposals, and review requisitions for goods and services. Instruct staff on how to resolve problems related to undelivered goods. Instruct staff on methods of negotiation, renegotiation and administration of contracts with suppliers, vendors and other representatives. Confer with staff, users, and vendors to discuss defective or unacceptable goods or services and determine corrective action. Evaluate and monitor contract performance to ensure compliance with contractual obligations and to determine need for changes. Skills: Verbal and written communication skills, attention to detail, negotiation skills and interpersonal skills. Ability to analyze financial reports, price proposals and other technical data. Ability to accurately document and record customer/client information. Knowledge of applicable laws and regulations related to purchasing. Knowledge of supply chain management. Previous experience with computer applications, such as Microsoft Word and Excel. Education/Experience: Bachelor's degree in finance or a related business field required. 2-4 years finance related experience required.


Major Role - To serve as the primary contact between Caterpillar and the supply base for global/regional initiatives, including filling the functional seat for commercial discussions/negotiations with suppliers, being the recognized expert for his or her assigned portion of the global category, supports development and execution of global category strategies, and drives performance excellence in Quality, Cost, Logistics, Development, and Management (QCLDM) through direct leverage with the supply base partnering with Product/Facility Procurement organizations. Buyer may also be a Supplier Lead for suppliers with multiple source buyers. This Supplier Lead role will help to manage the supplier relationship for that supplier’s location including but not limited to Supplier Relationship Mgmt., Supplier Performance Mgmt., Cost Mgmt., Risk Mgmt., and Category Network Mgmt. This role is responsible and accountable for the development, and/ or communication and implementation of a regional, and worldwide sourcing strategy. Provide leadership in a buyer capacity on eCatalog rationalization and next generation tool implementation initiative. Responsible for development, management and execution of the global category strategy managing policies, agreements, source catalogs, and special procurement programs. Accountable for the liaison with the corresponding source buyers. Leadership - Provide leadership for strategic sourcing-qualified supply network, business continuity, supplier risk management – capacity & financial, logistics, contract management, supplier commercial negotiations, cost/spend management – supplier on boarding/off boarding, lead/response time optimization and resource management decisions. Lead continuous improvement initiatives and purchasing new product introduction activities within Purchasing. Demonstrate leadership in recognizing the potential for cost and inventory reductions, and quality improvement; as well as responsibility for soundness of business proposals and risk assessment. Mentor and develop other Category Buyers and Supply Network Specialists (where assigned). Promote the highest level of professionalism and business ethics. Strategy - Tools and Techniques of 6 Sigma will be required. The incumbent will actively participate on Strategic Sourcing teams to fully understand the current performance of the supply network, evaluate strategic options, decide a course of action, and begin implementation. The incumbent must also have strong knowledge of the product, NPI, Facility, Manufacturing, Supply Chain and Category Strategies. Supplier Development - Collaborate with Category Buyers and facility teams to ensure continuous improvement in QCLDM with key suppliers. Build and foster mutually beneficial supplier relationships at all organizational levels.

Core hours 8 am to 4 pm. Candidate will be working with suppliers via phone – onsite, working with Caterpillar facility via phone – onsite.


- Bachelor’s degree from a college or university or an Associate's degree with 2+ years of purchasing experience - 2+ years of experience compiling, analyzing, and reporting large data sets

Top Candidates Will Also Have: 
- Previous experience with indirect procurement, category team, or product team - Ability to work with limited and/or ambiguous information - Strong negotiator, able to interpret, analyze and negotiate contractual cost elements - Well-developed interpersonal skills are required in dealing with sensitive issues, and reaching consensus on specific actions - Functional leadership with the Capability of suppliers and customers to effective solutions - Analytical, problem solving, self-starter, and project leadership skill - Effective communicator, in written and oral form - Understanding of Lean Manufacturing principles as applied by Caterpillar and our suppliers - Understanding of QCLDM – Familiarity with 6 sigma tools


Well-developed interpersonal skills are required in dealing with sensitive issues, developing others, and reaching consensus on specific actions 

Analytical, problem solving, self-starter -Effective communicator, in written and oral form.

Recommended skills

Strategic Sourcing
Attention To Detail
Continuous Improvement Process


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Estimated Salary: $88K
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