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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 ...
Aftermarket Parts: These are replacement parts made by companies other than the original manufacturer. They can serve as cost-effective substitutes for OEM parts. Used or Second-Hand Parts: These can be either OEM or aftermarket parts that have been refurbished and resold at a lower price. [2]
Stihl was founded in 1926 by Andreas Stihl, an innovator in early chainsaw production. Stihl says it is the world's best-selling brand of chainsaws and the only chainsaw manufacturer to make its own saw chains and guide bars. [4] Andreas Stihl AG is a privately held company owned by the descendants of Andreas Stihl.
Genuine Parts Company (GPC) is an American automotive and industrial parts distributor based in Atlanta, Georgia. [1] Established by brothers Carlyle and Malcolm Fraser in 1928, the company has approximately 60,000 employees. [ 2 ]
MIL-HDBK-512 handbook is a guide for Military Acquisition Activities (AA) in the preparation of Requests for Proposals (RFPs) with respect to a parts management program, and will help determine to what extent parts management should be for a given program. It will also identify those elements in a proposal to manage the selection and use of parts.
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Remanufacturing is "the rebuilding of a product to specifications of the original manufactured product using a combination of reused, repaired and new parts". [1] 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 ...
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