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Business Analyst

Coilcraft
Posted 3 months ago, valid for 17 days
Location

Cary, McHenry 60013, IL

Salary

Competitive

Contract type

Full Time

Health Insurance
Life Insurance
Disability Insurance
Employee Assistance
Flexible Spending Account

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Sonic Summary

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  • Coilcraft, Inc. is seeking a motivated individual for a hybrid role in Purchasing and Pricing functions, requiring 2-5 years of experience in a manufacturing environment.
  • The position involves supplier management, cost analysis, materials procurement, and strategic pricing, with responsibilities including executing purchase orders and preparing reports.
  • Candidates must hold a Bachelor's degree in a relevant field and possess strong analytical skills, particularly with Microsoft Excel.
  • The role offers a competitive salary, with a comprehensive benefits package that includes 401(k) matching, health insurance, and paid time off.
  • Coilcraft is an Equal Opportunity Employer and applicants must comply with ITAR regulations, necessitating U.S. citizenship or permanent residency.

 

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




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