P

PHINIA

Fuel system components and aftermarket services

Vendor Performance Manager

Full-Time
No salary listed
Mid, Senior
Bachelor's
Bengaluru, Karnataka, India
In Person
Contract Management

About the job

Requirements
  • 3–7 years of experience in contract administration, Statement of Work management, procurement operations, or IT vendor management.
  • A Bachelor's degree in supply chain management or a related field.
  • Understanding of IT Managed Services, including Cloud, Network, End User Compute, Security, Service Desk, and Data Center environments.
  • Strong working knowledge of Service Level Agreement governance, Key Performance Indicator validation, and service performance reporting.
  • Experience reading, interpreting, and maintaining Statement of Work schedules, responsibility matrices, and commercial exhibits.
  • Proficiency with Excel-based pricing models, milestone billing, and reconciliations.
  • Ability to coordinate across cross-functional technical teams and suppliers while maintaining clarity, documentation, and communication discipline.
  • Ability to identify ambiguities in Statements of Work and correct them before they become issues.
  • Ability to push back diplomatically when suppliers bypass process.
  • Ability to maintain impeccable, audit-ready records.
  • Understanding of both commercial terms and operational impacts.
  • Ability to communicate complex contractual issues in simple, executive-friendly language.
Responsibilities
  • Manage the end-to-end Statement of Work lifecycle, including scoping, drafting, redlining, routing for approvals, acceptance criteria alignment, version control, and document repository hygiene.
  • Enforce Vendor Management Office governance and workflow discipline by ensuring no work begins without an approved purchase order or Statement of Work, tracking work order and purchase order progression, maintaining Vendor Management Office trackers, and driving adherence to approval paths.
  • Administer contractual updates by aligning Change Requests, amendments, Service Integration and Management matrices, and cross-functional roles and responsibilities across IT towers and suppliers.
  • Governance Key Performance Indicators, Service Level Agreements, and performance obligations by reviewing monthly results, validating service delivery, escalating variances, and ensuring alignment with IT towers and referenced contract schedules.
  • Ensure financial accuracy and compliance by reconciling supplier invoices and milestone billing with contract pricing exhibits, identifying variances, and ensuring audit-ready documentation in the Vendor Management Office hub.
  • Coordinate vendor and stakeholder governance by facilitating cadence meetings, tracking commitments, capturing decisions, and maintaining contract-related artifacts according to Vendor Management Office standards.
Desired Qualifications
  • Familiarity with Service Integration and Management frameworks to interpret roles-and-responsibilities matrices across service providers.
  • Experience with work order governance, including template compliance, purchase order readiness, and milestone tracking.
  • Exceptional attention to detail, a governance mindset, and the ability to enforce process adherence diplomatically.
  • Strong communication skills with the ability to simplify complex contract topics for non-technical stakeholders.

About the company

P

PHINIA

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Website

PHINIA provides fuel systems and aftermarket automotive parts to improve engine efficiency and reduce emissions. Its Fuel Systems unit designs injectors, pumps, engine control modules and complete system solutions with software and calibration; its Aftermarket unit offers replacement parts, diagnostic equipment, and remanufactured products under brands like Delphi, Delco Remy, and Hartridge. The company differentiates itself through its BorgWarner spin-off structure, strong aftermarket brands, and heavy investment in research and development aimed at fuel efficiency and alternative fuels, including hydrogen, ethanol, and CNG, plus carbon-free combustion applications. PHINIA seeks steady growth by gaining share in a shrinking internal combustion engine market while building capabilities for low-emission propulsion.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Auburn Hills, Michigan

Founded

2023

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Simplify's Take

What believers are saying

  • PHINIA completed stoba on October 1, 2026, adding aerospace, defense, and semiconductor exposure.
  • Q2 2026 net sales hit $940 million; management raised free cash flow to $250 million.
  • IAA Transportation 2026 showcased hydrogen, diesel, and aftermarket expansion across Europe, North Africa, and Asia.

What critics are saying

  • PHINIA's 2025-2027 restructuring adds $40 million charges and employee terminations in Fuel Systems.
  • PHINIA depends on shrinking internal-combustion OEM demand; rapid EV adoption would crush core revenue.
  • stoba integration after October 1, 2026 risks distraction, execution misses, and margin dilution.

What makes PHINIA unique

  • PHINIA combines Delphi fuel systems, electricals, and aftermarket brands across 20 countries.
  • Brady Ericson uses combustion expertise to sell Euro 7-ready diesel, hydrogen, and CNG systems.
  • Its emissions guide and calibration software give engineers a regulatory toolkit competitors lack.

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Benefits

  • Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

39%

1 year growth

39%

2 year growth

39%
The Online Investor
Oct 14th, 2026
PHINIA ranks 19th among Analyst Picks with strong share buybacks.

PHINIA ranks 19th among Analyst Picks with strong share buybacks. By Joel Kornblau, Editor, The Online Investor, Wednesday, October 14, 2026, 2:23 PM ET PHINIA Inc. (PHIN) ranked 19th in a screen combining favorable brokerage analyst recommendations with strong share repurchase activity. To qualify, a company had to repurchase shares equal to at least 5% of its outstanding shares over the trailing 12 months. The Online Investor ranked qualifying stocks by averaging recommendations from major brokerage firms. What the buyback and analyst ranking shows. PHINIA's position reflects two separate measures: the scale of its recent repurchases and the relative strength of analyst recommendations among companies that met the screen's buyback threshold. It does not, by itself, establish that the shares are undervalued. The ranking depends on the analysts and companies included when the screen was run, and it may change as recommendations or repurchase activity change. A buyback can signal that management sees value in its shares, but companies also repurchase stock to return excess cash or offset dilution from equity compensation. The price paid matters: repurchases create more value for remaining shareholders when shares are acquired below their underlying worth than when they are bought at an elevated valuation. How repurchases can affect earnings per share. If repurchases reduce the weighted-average share count while net income remains unchanged, earnings per share increase because the same earnings are divided among fewer shares. The effect may be limited if newly issued shares offset the repurchases. A higher earnings-per-share figure also does not necessarily indicate stronger operating performance. To assess the significance of PHINIA's buybacks, the key questions are whether its share count declined on a net basis, how much it paid for the shares, and whether the spending left sufficient capacity for operations, investment and debt obligations. Analyst recommendations provide another perspective, but the strength of the underlying business and the price paid for the stock remain central to the valuation. PHINIA stock performance. The chart below compares PHINIA's three-month share-price performance with Cummins, Inc. (CMI) and Honeywell International Inc. (HON). The companies have different business mixes, so the comparison provides market context rather than a direct measure of PHINIA's operating performance. Want to compare more broker darling stock ideas? See Current Top Analyst Picks of the S&P 500 for a broader look at current investor research ideas. How to read broker darling screens and dividend yield. Broker darling stories highlight stocks that analysts currently favor within a large-cap or dividend-oriented screen. Dividend yield helps show the income side of the story, but it should be reviewed with payout consistency, valuation, and recent stock movement. The signal is most useful when analyst support is reviewed with valuation, earnings expectations, dividend quality, and business fundamentals. Investors should treat the dividend yield angle as context rather than a standalone signal.

Yahoo Finance
Oct 13th, 2026
Phinia's $139M buybacks cut shares 19.1%, but earnings per share still fell 11.3% a year

Phinia (PHIN) shares have fallen 28% in three months, while the S&P 500 gained 3.8%. The company has bought back stock for three years, cutting its share count 19.1% to 38.0 million from 47.0 million. The buybacks have not lifted earnings. Earnings per share fell 11.3% a year over the period, and net income fell 16.8% a year. Over the last twelve months, Phinia spent a net $139 million on repurchases. Free cash flow of $250 million covered buybacks and dividends 1.23 times. In its second-quarter results, management cut its 2026 net earnings forecast to a midpoint of $167.5 million from $180 million. It raised its adjusted free cash flow forecast to $230 million from $220 million. Phinia reports third-quarter results on October 29, 2026.

Motorindia
Oct 1st, 2026
PHINIA Delphi showcases FI systems across heavy, medium-duty segments.

PHINIA Delphi showcases FI systems across heavy, medium-duty segments. PHINIA Delphi UK Ltd. showcased its full range of fuel injection and after-treatment technologies at the recently concluded IAA Transportation 2026. The range covers heavy-duty engines of up to 17 litres and beyond. The company also showed new pump developments and a growing line-up of starters and alternators for the European market. At its heavy-duty display, the company showed its complete injector system, with six injectors featuring closed-loop control. This technology keeps the injectors performing consistently throughout their working life, from day one to the end. Sharing his views to this publication, Mr. Mark Blackmore, Sales Manager, PHINIA Delphi UK Ltd. said, as a full-system supplier, the company offers injectors, pumps, rail, ECUs, and software, capable of supporting engines ranging from 11 to 17 litres. It is already exploring even larger engine applications beyond that range. The booth also featured a new addition to its portfolio, the DFP4 pump, a fresh development being showcased for the first time this year. Recognising that customer needs vary, he said it can scale its offering depending on requirements; some customers want a complete system, while others prefer to focus only on the "wet side," injectors, pumps, and rail. In the medium-duty segment, covering engine sizes between three and 8.9 litres, the components maker showcased a similar setup featuring its DFI2 injector paired with a DFP7 pump and common rail system, alongside ECU and software capability. For this segment, the company also offers a complete after-treatment system. It includes a tank-mounted SCR pump supply module and a doser. This lets PHINIA's software manage the whole process, from fuel combustion right through to the exhaust. All these systems, he confirmed, are Euro 7 ready, with dedicated concepts already developed to support customers requiring compliance with the upcoming emissions standard. The company also highlighted its starter and alternator lines of business. These product lines are already well established in the US, and PHINIA now plans to expand them into Europe, where customer interest is growing. On the shift toward software-defined vehicles (SDVs), Mr. Blackmore said it continues to regularly improve and update its software offerings, though how that software ultimately reaches the vehicle, including via over-the-air updates, remains largely the customer's responsibility. On whether SDVs might drive greater hardware standardisation, since software updates can reduce the need to redesign hardware from scratch, he acknowledged the appeal but said full standardisation remains difficult in practice. The company builds its products on common platforms, such as its DFI21 heavy-duty injector and a shared medium-duty injector base. Even so, it still has to meet customer-specific needs, such as different header designs. So, while PHINIA keeps its core designs as consistent as possible, some variation between products can't be avoided, he added.

Free Press Journal
Sep 30th, 2026
LTM clients PHINIA, Carrier receive ISG Paragon Awards North America 2026.

LTM clients PHINIA, Carrier receive ISG Paragon Awards North America 2026. LTM announced on Wednesday that its clients PHINIA and Carrier received recognition at the ISG Paragon Awards North America 2026 for their transformation projects facilitated by LTM. FPJ Web Desk Updated: Wednesday, September 30, 2026, 11:30 AM IST Mumbai: LTM, a global technology services company, announced on 30 September 2026, that its clients PHINIA and Carrier were recognised at the ISG Paragon Awards North America 2026. LTM received recognition in the Excellence category for its work with PHINIA and in the Transformation category for its work with Carrier. About the awards. The ISG Paragon Awards acknowledge enterprise-provider partnerships that utilise technology, innovation, and new operating models to achieve measurable business impact. The awards highlight LTM's capability to assist global enterprises in accelerating transformation through industry expertise, technology innovation, and execution excellence. Carrier partnership. Carrier, a global leader in intelligent climate and energy solutions, partnered with LTM to establish an enterprise-wide Application Total Cost of Ownership (TCO) and Application Portfolio Rationalisation (APR) capability. This was powered by SAP LeanIX and aimed to address a fragmented technology landscape and siloed operating functions. Outcomes for Carrier. The initiative integrated data from ServiceNow, Apptio Cloudability, procurement, and operational systems to develop a standardised cost model and executive decision-support dashboards. This enhanced financial transparency, strengthened portfolio governance, and improved strategic decision-making across Carrier's application estate of over 2,000 applications. FPJ Shorts PHINIA transformation. LTM assisted PHINIA, a global automotive and industrial manufacturer, in transforming its IT operations. The transformation focused on observability, automation, AI-driven support, and infrastructure modernisation. Results for PHINIA. By implementing LogicMonitor observability, a cross-trained Command Center, CMDB optimisation, FinOps practices, and application modernisation, PHINIA reduced incident resolution times and improved service stability. The company also accelerated infrastructure provisioning and lowered operating costs. Management statement. Gururaj Deshpande, Chief Delivery Officer, LTM, said the recognitions reflect the power of strong client partnerships and a shared commitment to transformation. He added that LTM is proud to work alongside PHINIA and Carrier to deliver measurable business outcomes through technology-led innovation and operational excellence. Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions. Follow The Free Press Journal on

AftermarketNews
Sep 28th, 2026
PHINIA publishes 2026-27 emissions standards guide.

PHINIA publishes 2026-27 emissions standards guide. The guide consolidates emissions standards covering vehicles, engines, equipment and machinery. Jeff White is the Managing Editor of Counterman. He joined Babcox after a 20-year career in TV News as a Producer. You can contact him at [email protected] Published: September 28, 2026 PHINIA has published its 2026-27 Worldwide Heavy-Duty and Off-Road Emission Standards booklet. The guide provides emissions requirements across global markets for OEMs, engineers, policymakers and other industry professionals. PHINIA updates the heavy-duty and off-road edition every two years. The guide consolidates emissions standards covering vehicles, engines, equipment and machinery. Manufacturers must consider an increasingly broad range of emissions requirements. The 2026-27 booklet covers standards addressing conventional pollutants. It also covers zero-emission vehicles and greenhouse gas emissions, including CO2. The information provides a broader view of regulations affecting vehicle and engine development. Comparing emissions standards. The booklet brings together emissions limits, standard test cycles and testing conditions. It also includes references to relevant fuel standards. The guide provides an overview of onboard diagnostics and emissions monitoring. "Emissions regulation is becoming a broader engineering challenge, with manufacturers needing to understand not only requirements for traditional pollutants, but also greenhouse gases, testing, diagnostics, and monitoring across different markets. With dynamic and evolving fuel supply, this booklet also shares information regarding market reference fuels," said Todd Anderson, chief technology officer at PHINIA. "The purpose of this booklet is practical: to bring that information together in a clear reference that engineers and decision makers can use as they plan for current and future requirements. The increasing relevance of zero-emission and greenhouse gas standards makes that broader view even more important and reflects the same engineering discipline we apply as we support cleaner, more efficient combustion and the development of lower- and zero-carbon fuel technologies." Publication dates back to 1993. The publication continues a project with more than three decades of history. PHINIA's global aftermarket brand, Delphi, first developed the emissions standards booklet in 1993. Industry professionals have used the booklet to follow changing regulatory requirements. PHINIA most recently published a heavy-duty and off-road edition in 2024. The company followed it with a light-duty edition in 2025. Engineering expertise supports guide. PHINIA's work on the guide draws on its expertise in fuel systems, combustion, systems integration and calibration. That engineering knowledge supports technology development across heavy-duty and off-road applications. These technologies aim to improve efficiency and emissions performance. They also accommodate the evolving roles of conventional, lower-carbon and zero-carbon fuels.