Caterpillar Inc. · 1 day ago
Generative AI Product Manager; Rental and Used Equipment
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$126K/yr - $205K/yrCaterpillar Inc. is a global company focused on building sustainable communities through innovative technology. The Generative AI Product Manager will lead the development of AI-powered capabilities to optimize equipment lifecycle and enhance customer engagement in the Rental and Used Equipment business.
ConstructionMachinery ManufacturingManufacturingMechanical Engineering
No H1B
Responsibilities
Define and evolve the GEN AI product vision for Rental and Used Equipment, aligned with Caterpillar’s AI Assistant roadmap and enterprise transformation goals
Drive prioritization of features such as dynamic pricing, predictive demand forecasting, automated valuation, and personalized customer recommendations
Collaborate with engineering, data science, rental operations, and remarketing teams to deliver scalable AI solutions with high reliability and compliance
Partner with Cat Digital platform and Digital Product Management teams to ensure alignment with broader enterprise AI strategies
Oversee the full lifecycle of GEN AI solutions, from ideation and prototyping to testing, deployment, and continuous improvement
Ensure compliance with governance frameworks, security protocols, and production readiness standards
Champion user-centric design for dealer and customer-facing tools, enabling intuitive access to pricing insights, inventory optimization, and trade-in recommendations
Support rental and used equipment teams through AI-driven guidance for fleet management and resale strategies
Monitor solution performance, usage patterns, and feedback to inform enhancements and ensure measurable impact on rental profitability and used equipment turnover
Lead proof-of-concept initiatives with internal teams and external partners to explore new GEN AI capabilities for rental and remarketing optimization
Qualification
Required
Decision Making and Critical Thinking: Apply AI ethics and risk frameworks to guide decisions on solution behavior, data usage, and model selection
Effective Communications: Translate complex AI concepts into actionable insights for stakeholders across engineering, product, and rental operations
Software Change Request Management: Manage change requests for AI configurations, model updates, and deployment protocols
Software Engineering: Lead development of AI solutions using modular architectures, ensuring flexibility in LLM selection and minimizing hallucinations
Software Product Business Knowledge: Understand the business impact of AI features on rental profitability, used equipment sales, and customer satisfaction
Software Product Management: Navigate ambiguity in emerging AI technologies, balancing innovation with operational feasibility and compliance
Software Product Technical Knowledge: Deep familiarity with integration into Caterpillar's rental platforms, dealer systems, and digital ecosystem
Marketing Strategy and Positioning: Position AI-driven rental and remarketing capabilities as transformative tools in Caterpillar's portfolio, supporting growth and customer loyalty
Preferred
Proficiency in equipment lifecycle management systems for rental and remarketing operations
Strong knowledge of AI-driven pricing models and dynamic rate optimization for rental fleets
Experience with predictive analytics for demand forecasting and inventory utilization
Understanding of financial risk models for used equipment valuation and trade-in programs
Knowledge of telematics data utilization for fleet health monitoring and rental scheduling
Skills in cybersecurity for transactional systems, including encryption and authentication protocols
Experience with Agile methodology and managing product backlogs for AI-enabled solutions
Ability to design intuitive dealer and customer-facing interfaces for rental and resale workflows
Familiarity with dealer management systems and integration with Caterpillar's digital platforms preferred
Benefits
Medical, dental, and vision benefits
Paid time off plan (Vacation, Holidays, Volunteer, etc.)
401(k) savings plans
Health Savings Account (HSA)
Flexible Spending Accounts (FSAs)
Health Lifestyle Programs
Employee Assistance Program
Voluntary Benefits and Employee Discounts
Career Development
Incentive bonus
Disability benefits
Life Insurance
Parental leave
Adoption benefits
Tuition Reimbursement
These benefits also apply to part-time employees
Company
Caterpillar Inc.
For 100 years, we’ve been helping customers build a better, more sustainable world.
Founded in 1925
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$3.51BKey Investors
US Department of EnergyAdvanced Propulsion Centre UK
2025-08-28Post Ipo Debt· $3.5B
2024-10-31Grant· $5.04M
2019-06-23Grant
Leadership Team
George Moubayed
Chief Sustainability and Strategy Officer / Senior Vice President Enterprise Strategy Division
E
Eric Sporre
Vice President & Global Chief Information Security Officer (CISO)
Recent News
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