When buying parts for anything from a car to industrial machinery, you may have come across the terms OEM and non-genuine. An OEM (Original Equipment Manufacturer) or genuine label refers to parts that they have been made by the same company that produces the end product. For example, OEM parts can be sourced from Toyota for replacements in vehicles of that make that have already been sold. Non-genuine parts are manufactured by third parties who use a blueprint of sorts to create and sell the same components. Both OEM and non-genuine parts are common in almost any industry, and it’s important to know what to look for.
By far, the major reason for the presence of non-genuine parts on the market is the often expensive price tag placed on OEM products; non-genuine manufacturers aim to produce the same results with reduced costs in order to offer customers much lower prices. The trade-off you will have to consider, however, is that quality assurance is significantly higher with OEM components. When you buy a part from the original manufacturer of the system, you get the guarantee that comes with the brand’s reputation.
Just because it’s a non-genuine manufacturer does not automatically mean anything dodgy—in some circumstances, the part offers identical performance at a much lower price. However, there are a number of factors to be wary of:
Ultimately, non-genuine parts can be a huge saving for your business. However, it’s important to ensure they are of sufficient quality and will be able to perform as required. If cost isn’t an issue, OEM components may be the path to take for complete peace of mind.Published 24 March, 2016