Benefits of OEM Equipment Parts
Having critical replacement parts on hand is the best practice; however, sometimes you can encounter an unanticipated breakdown. When it’s time to order spare parts in a short time, what comes to mind first: sourcing from a local supplier or going to the manufacturer for OEM. Several people opt for the earlier option, but that might end up costing too much in the long run. OEM parts offer many benefits such as explained on this page.
Warranty. Some manufacturers give limitations on the utilization of modified or generic spare parts, and the utilization of these parts can make the warranty on your equipment void. If something goes wrong, then the expenses to repair the equipment or correct any failure might fall on you and not its manufacturer. Failures usually also result in noteworthy consequential losses. You need to weigh this risk before buying any spare parts.
Quality. While several spare parts might appear and function the same, generic ones are not necessarily of alike composition that OEM spares specify. Examples of lowered quality include:
Parts not being made using similar tolerances as the OEM equivalent
Drill holes are not in configuration, causing poor fit during the fixing
Non-identical pitch thread
Inferior welding, which might cause cracking and lower the quality of the whole assembly
OEM parts have one significant attribute over their generic counterparts – upgrade compatibility. Manufacturers usually tweak their equipment to help their clients to maximize throughput, flow, and output. OEM parts are always compatible, while generic ones run the risk of getting outdated. Generic equipment sellers will not get equipment updates to help them know that a spare part has changed, thus how will you know?
Value. Values come in several ways depending on the aspect that matters most to your business. The worth of OEM spares is derived from the in-house upgrades, engineering, optimizations, and modifications that simply can’t be provided by any generic parts seller. Many people associate worth with the cost of the spare part when it can also include the client service offered by the company. The OEM suppliers always have an unmatched knowledge of their equipment that generic suppliers cannot match.
Value is also realized through the entire cost of ownership, a term that’s used nearly too often. The actual cost should be compared to the innate risks associated with the fixing, performance, and effect that a generic spare can have on the whole equipment and flow of the system.
The value in OEM parts comes from the capacity to last for a particular period and be strong enough to endure preventative maintenance cycles.
Durability. Durability can be associated with composition. While OEM spare part suppliers can guarantee their parts are structurally compliant, non-OEM spares cannot. Wear parts are a good example; OEM sellers can give you an expected changeout duration to enable better planning.
Availability. Availability for OEM parts is higher than that of generic sellers who have to keep several different brands at a time. OEMs realize that downtime costs much, so they’ll generally stock components that are deemed vital to the function of their equipment. Holding stock on consignment is the next way for OEMs to ensure vital spares are instantly available in case of a failure or unexpected shutdown.