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Product Cost Manager II
Progress Rail, A Caterpillar Company
Manage and analyze locomotive product costs, support proposals, and drive cost-out projects.
2d ago
$77,069 - $139,668
Intermediate (4-7 years)
Full Time
La Grange, IL
Office Full-Time
Company Size
10,000 Employees
Service Specialisms
Locomotive and railcar repair
Engineering & Track Services
Signal design, installation & maintenance
Trackwork & infrastructure services
Rail welding services
Parts supply & aftermarket support
Maintenance‑of‑Way equipment services
Recycling services
Sector Specialisms
Railroad
Transit Systems
Infrastructure
Rolling Stock
Heavy Haul Railways
Transit Railways
Locomotive Engines
Trackwork
Role
What you would be doing
cost analysis
cost estimation
commodity tracking
project tracking
stakeholder review
change management
- Contribute to proposal analysis, identifying cost gaps and cost out opportunities
- Track impact of commodity fluctuations to product cost
- Support product inquiry team, providing cost out estimates.
- Prepare comprehensive cost analysis reports for multiple locomotive projects.
- Track copper and steel fluctuation
- Collaborate with other departments to gather cost data, track cost out project execution, review milestones with key stakeholders, escalate as needed.
- Serve as a change agent by challenging status quo and supporting continuous improvement
- Assess cost implications of product changes to production and aftermarket.
What you bring
oem manufacturing
college degree
project management
rail experience
locomotive knowledge
problem solving
- Previous experience in OEM manufacturing or engineering design
- Strength – Position typically involves office managerial work as well as oversight in an industrial environment. Frequently standing, sitting, and walking. Occasional light to medium-level lifting (up to 30 pounds).
- Demonstrated problem-solving skills to solve common problems;
- College degree (BA/BS);
- Demonstrated understanding of manufacturing and operations standard processes and basic product knowledge;
- Project, Product, Cost Management or Manufacturing experience;
- Vision/Hearing Requirements – Constant verbal communications, including both talking and hearing.
- Motion – Position regularly requires standard motions associated with an office environment as well as standard motions associated with leading and demonstrating in an industrial environment.
- Proven ability to interact effectively with all levels of the organization.
- Previous experience in a Program/ Project/Product Management role
- 3-5 years of rail experience;
- Locomotive product knowledge
- Strong collaborative, interpersonal and communication skills to effectively work across multiple functions
- Site specific Step and Skill Level Wage Adjustment Plans
- Employee Assistance Plan
- Employee Recognition Programs
- Competitive Salary
- Site specific Production and Incentive Plans
- Site Specific Relocation and Sign-on Bonus Programs
- Paid Vacation
- Supplemental Accident, Critical Care, and Hospital Insurance available along with an HDHP and HSA with seed money
- Medical/Dental/Vision/Life/Disability Insurance
- Paid Time-Off (PTO)
- 401(k) plan with up to 6% company match (no waiting period with immediate vesting)
- Flexible Spending Accounts
- Paid Holidays
- Education Assistance Program
Information not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
Company
Overview
- Operates as a pioneer in rail transport, offering comprehensive solutions across the rail industry.
- Provides cutting-edge locomotive, railcar, and track services to railroads and industries globally.
- Designs and manufactures advanced locomotives, signaling systems, and specialized rail components.
- Key projects encompass freight and passenger systems, including custom-engineered solutions and maintenance.
- Recognized for combining robust technology with extensive rail network experience.
- Expands its global reach through Caterpillar's resources to create innovative rail solutions.
- Maintains strong positions in both freight and passenger rail markets, emphasizing reliability and efficiency.
- Ensures high standards of quality and safety in all operations, focusing on continuous improvement.
75% Recycled Inputs
Recycled Material Usage
This company uses 75% of its inputs for new rail products from recycled material.
10+ Years Extended Life
Locomotive Life Extension
The company extends the life of locomotives through modernization, rebuilding, overhauling, and repowering.
- Sustainability is part of who we are and what we do every single day.
- Reconditioning or repairing freight cars and components to optimize asset lifecycle.
- End‑of‑life locomotives and railcars are recycled through comprehensive scrap management.
- SkyTrim OEM remanufacturing program reduces the need for new products through reuse.
30% Emission Cut
GHG Reduction Target
Commitment to reduce Scope 1 & 2 GHG emissions by 30% from 2018 to 2030.
50% Landfill Reduction
Waste Management Goal
Aim to reduce landfill intensity by 50% from 2018 to 2030.
75% GHG Savings
Rail Freight Efficiency
Rail freight operations use up to 75% less GHG per ton compared to truck transport.
82% CO₂ Reduction
Manufacturing Efficiency
Progress Rail rebuilds have reduced CO₂ emissions from manufacturing by 82%.
- All new products through 2030 will be more sustainable than previous generation
- Testing high-level renewable fuel blends (up to 100% bio-based diesel) with CN partnership
- Developing and deploying battery-electric and hybrid locomotives (including zero-exhaust battery switcher, mainline hybrid and EMD Joule)
- Contracts to supply zero-exhaust battery locos to Pacific Harbor Line, BNSF and Aurizon
- Net-zero target aligned with Caterpillar: double-checked parent’s net-zero ambition (Cat targets net-zero operations by…)
23%
Global workforce gender split
Approximately 23% of the global workforce is women, reflecting the current gender distribution across operations.
2030
Women in salaried roles target
Aim to increase representation of women in salaried roles by 2030, aligning with broader diversity goals.
- Shares global DEI strategy with no site-specific breakdown.
- No gender statistics publicly disclosed at the Progress Rail level.
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