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Supply chain pyramid. An original equipment manufacturer (OEM) is a company that produces parts and equipment that may be marketed by another company.However, the term is ambiguous, with several other common meanings: an OEM can be the maker of a system that includes other companies' subsystems, an end-product producer, an automotive part that is manufactured by the same company that produced ...
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
A reproduction part, or repro, is a part that has been independently manufactured to meet original equipment manufacturer's (OEM) specifications by a third party manufacturer. This is usually done to meet demand for spare parts no longer produced by the manufacturer. While some reproductions may be indistinguishable from the originals, most are ...
It requires the repair or replacement of worn out or obsolete components and modules. Parts subject to degradation affecting the performance or the expected life of the whole are replaced. Remanufacturing is a form of a product recovery process that differs from other recovery processes in its completeness: a remanufactured machine should match ...
A replacement automobile engine is an engine or a major part of one that is sold individually without any other parts required to make a functional car (for example a drivetrain). These engines are produced either as aftermarket parts or as reproductions of an engine that has gone out of production.
Certain parts might need to be shipped from overseas, and the shop might have to use original equipment manufacturer (OEM) parts, which have a higher price tag than aftermarket versions.