Pricing Consultant at Caterpillar Inc.

Peoria, Illinois, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Machinery, Manufacturing, ConstructionIndustries

Requirements

Customer Focus: Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and ability to leverage that information in creating customized customer solutions
Relationship Management: Knowledge of relationship management techniques; ability to establish and maintain healthy working relationships with clients, vendors, and peers
Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to collect and synthesize data from a variety of stakeholders and sources in an objective manner to reach a conclusion, goal, or judgment
Decision Making & Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment
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
6-8 years of experience in pricing, or roles supporting aftermarket department
PowerPoint, PowerBI, and Excel proficiency
Working knowledge of SQL
Knowledge of Caterpillar products and/or relevant business systems
Ability to work 5 days a week in office in Peoria, IL

Responsibilities

Responsible for worldwide parts pricing strategies of Ground Engaging Tools (GET)
Partners with product, financial, and industry teams to guide the execution of dynamic and differentiated pricing strategies that align with product and enterprise goals for revenue and profitability, with a high level of direct involvement with senior leaders
Executes strategic and tactical price action within a robust pricing governance framework
Works with Product and Commercial teams to develop and maintain pricing strategies for Ground Engaging Tools (GET)
Utilizes Analytical, Strategic, and Communication skills to ensure Pricing strategies are well understood with aligned understanding of definition of winning
Performs both project and tactical work with varying levels of organizational exposure up to the Vice President

Skills

Key technologies and capabilities for this role

Pricing StrategyAnalytical SkillsStrategic PlanningCommunication SkillsCustomer FocusRelationship ManagementData GatheringRevenue ManagementProfitability Analysis

Questions & Answers

Common questions about this position

What is the primary location for this Pricing Consultant position?

This information is not specified in the job description.

What salary or compensation is offered for this role?

This information is not specified in the job description.

What key skills are required for the Pricing Consultant role?

The role requires Customer Focus, Relationship Management, Data Gathering & Analysis, Decision Making & Critical Thinking, and Effective Communications.

What experience will set candidates apart for this position?

Candidates with 6-8 years of experience in pricing or roles supporting aftermarket departments, proficiency in PowerPoint, PowerBI, and Excel, working knowledge of SQL, and knowledge of Caterpillar products or relevant business systems will stand out.

What is the company culture like at Caterpillar Inc. for this role?

Caterpillar emphasizes a global team that cares about each other, innovation, problem-solving, and building stronger, more sustainable communities, with the role involving collaboration across Product and Commercial teams.

Caterpillar Inc.

Manufactures heavy machinery for various industries

About Caterpillar Inc.

Caterpillar Inc. designs and manufactures heavy machinery and equipment for industries such as construction, mining, energy, and rail. Their products include a wide range of machinery and engines that help clients complete large-scale projects. Caterpillar's equipment works by providing powerful tools that can perform tasks like digging, lifting, and transporting materials. What sets Caterpillar apart from its competitors is its strong aftermarket support, which includes maintenance and repair services, ensuring that their machinery remains efficient and reliable over time. The company's goal is to deliver high-quality products while also focusing on sustainability and community development through initiatives that improve education and reduce poverty.

Irving, TexasHeadquarters

1925Year Founded

$143.5KTotal Funding

IPOCompany Stage

Industrial & Manufacturing, Social Impact, AI & Machine LearningIndustries

10,001+Employees

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

Risks

Closure of Aurora office may impact regional economy and Caterpillar's reputation.

Partnership with Anti Social Social Club could dilute Caterpillar's industrial brand focus.

Advanced technology in Cat D8 dozer may face resistance from traditional customers.

Differentiation

Caterpillar's century-long history underscores its reliability and industry leadership.

The company integrates AI and IoT to enhance machinery performance and customer satisfaction.

Caterpillar's strong aftermarket services ensure product longevity and operational efficiency.

Upsides

Growing demand for autonomous equipment boosts Caterpillar's innovation in heavy machinery.

Expansion of 5G networks enhances Caterpillar's remote operation capabilities, improving safety.

Caterpillar's commitment to sustainability aligns with the global shift towards eco-friendly practices.

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