Business Analyst
Coilcraft - Cary, IL
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Coilcraft, Inc., founded in 1945, is a privately held, globally recognized manufacturer of magnetic components. We are seeking a motivated individual to join our team in a hybrid capacity supporting both Purchasing and Pricing functions. This role offers exposure to supplier management, cost analysis, materials procurement, and strategic pricing in a fast-paced manufacturing environment. Responsibilities * Identify, evaluate, and develop a materials supply base that meets cost, quality, delivery, availability, and reliability objectives. * Support supplier qualification, data collection, analysis, reporting, and corrective/preventative action activities. * Execute purchase orders via the ERP system. * Prepare reports as needed. * Build and maintain relationships with new and existing suppliers, including on-site visits to evaluate quality and processing capabilities. * Initiate and administer supply agreements and procurement activities for direct materials supporting manufacturing operations. * Investigate supplier-related issues, perform root-cause analysis, and drive corrective actions. * Collaborate with Engineering and Operations to maintain or improve material specifications, reduce variation, and support cost-reduction initiatives. * Integrate early supplier involvement into new product development or product modifications. * Administer online purchasing and MRP systems. * Drive a variety of costing and pricing activities as a key contributor to the pricing team. * Respond to internal requests for pricing information accurately and efficiently. * Gather cost inputs from manufacturing, operations, and internal systems to perform detailed cost and margin analysis. * Execute cost and gross profit calculations to support strategic pricing decisions. * Develop competitive price comparisons and analytical reports to support market positioning. * Maintain customer-specific pricing by product type to ensure accuracy and competitiveness. Requirements * Bachelor's degree in Business, Supply Chain Management, Engineering, Analytics, Finance, or related field. * 2-5 years of purchasing or analytical experience in a manufacturing environment preferred; recent graduates with strong analytical skills will also be considered. * Intermediate to advanced experience with Microsoft Excel (formulas, data organization, spreadsheet building). * Strong analytical, mathematical, and problem-solving skills. * Excellent written and verbal communication skills. * Knowledge of ERP and MRP systems, inventory control, and ISO9001/IATF16949 standards is a plus. * High attention to detail and accuracy. Company Benefits: * 401(k) Matching * Disability Insurance * Dental Insurance * Employee Assistance Program * Flexible Spending Account * Health Insurance * Health Savings Account * Life Insurance * Paid Holidays * Paid Time-Off * Profit Sharing * Vision Insurance Coilcraft is an Equal Opportunity Employer: Minorities/Females/Veterans/Disabled. This position may require compliance with ITAR regulations; applicants must be U.S. citizens or permanent residents
Created: 2026-04-02