Business Analyst

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