Coilcraft, Inc.

Business Analyst

Coilcraft, Inc.  •  $60k - $80k/yr  •  Cary, IL (Hybrid)  •  3 months ago
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Job Description

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

Coilcraft, Inc.

About Coilcraft, Inc.

Our privately held company was founded in 1945 as a custom coil maker for the radio manufacturers clustered around the Chicago area.

Today we produce inductors for a long list of customers in telecommunications, computers, instrumentation and consumer electronics.

Many are standard, off-the-shelf products. But we also provide custom components designed to meet customers'​ specific requirements. Our basic product lines include:

Surface mount RF inductors

Surface mount power inductors

Tunable and fixed RF inductors

EMI filters

LED driver magnetics

Coilcraft's worldwide headquarters are in Cary, Illinois, 30 miles northwest of Chicago's O'Hare Airport.

European headquarters are located in Cumbernauld, Scotland, near Glasgow. Production centers are strategically positioned throughout the world.

Our diversity of locations offers several advantages to our customers. Engineering prototypes are shipped in a matter of days. Our domestic plants can quickly provide your pilot run requirements. And then full scale production can be done at an appropriate offshore plant for maximum economy and convenience to your own facilities.

Manufacturing capabilities are duplicated at several locations, assuring you a steady supply of components.

Industry
Manufacturing & Production
Company Size
201-500 employees
Headquarters
Cary, IL
Year Founded
1945
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