**Career Area:** Strategy **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. 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. It’s More Than a Job, it’s a Career - YouTube (https://www.youtube.com/watch?v=Wf0PVJdUOWo) Caterpillar is seeking a **Cost Reduction Project Lead** in North Little Rock, AR. In this role, you will be tasked with defining and driving cost improvements for the Medium Wheel Product lines while maintaining product excellence. The incumbent will work closely with various MWP systems teams and the North Little Rock (NLR) Factory to understand, articulate and provide recommendations on sourcing, design and manufacturing changes that will achieve the best cost. **What you can look forward to in this role:** + Work as liaison for NLR Facility, building relationships with the factory teams to help them focus on cost reduction. + Work closely with MWP system teams to understand cost challenges and design changes for both NPI and current production and how they will impact machine costs + Generate cost ideas, collaborating with extended organizations including parts and aftermarket and provide support at both strategic and tactical levels **A successful candidate in this role will showcase their skills in:** + 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. + Collaborating: Knowledge of collaborative techniques; ability to work with a variety of individuals and groups in a constructive and collaborative manner. **Top Candidates for this position may also have:** + Bachelor’s degree or equivalent experience within Engineering, Engineering Management, Project Management, Accounting or Business functions. + Engineering, business, accounting or project management experience + Experience within data and cost analysis. + Experience in LEAN principles and practices + Experience in product cost or cost management/analysis + Good interpersonal skills are essential to develop a cooperative working relationship with others + Strong written and verbal communication skills + Strong decision making, analytical and problem-solving skills **Additional Information:** The primary location for this position is North Little Rock, AR. Travel expectation in this role: 15% Domestic relocation assistance is available Sponsorship is not available **How we support you (Employee benefits)** Our goal at Caterpillar is for you to have a rewarding career including the potential to advance your career into operations leadership and other advanced manufacturing positions. We offer a total rewards package that provides day one benefits (Medical, Dental, Vision, RX, and 401K) along with the potential of a very generous yearly bonus. Additional benefits include paid vacations and paid holidays (Prorated based on hire date). Safety is a top priority at Caterpillar, we provide all necessary personal protective equipment: steel toe boots, safety glasses, hearing protection, uniform shirts, and pants. **The power of everyone** At Caterpillar, we believe that each person is unique and valued. We are committed to ensuring that our workplace is diverse and representative of the many customers we serve around the globe. Different perspectives help us achieve our best work and come together to form a high performing Caterpillar team that makes positive changes in the community where we live and work. To learn more about Caterpillar please visit: www.Caterpillar.com **Summary Pay Range:** $95,640.00 - $143,520.00 Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar. **Benefits:** Annual incentive bonus plan* Medical, dental, and vision coverage Paid time off plan (Vacation, Holiday, Volunteer, Etc.) 401k savings plan Health savings account (HSA) Flexible spending accounts (FSAs) Disability benefits Life Insurance Parental leave Healthy Lifestyle Programs Employee Assistance Programs Voluntary Benefits and Employee Discounts Tuition Reimbursement Career Development _*Subject to annual eligibility and incentive plan guidelines_ . **Posting Dates:** December 18, 2024 - January 16, 2025 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. Not ready to apply? Join our Talent Community (http://flows.beamery.com/caterpillarinc/talcom) .