Components Company is an essential business and a company in a good position to help OEM organizations source the parts they need to fulfill their customer’s orders.
Why Some OEMs are Having Trouble Right Now
An original equipment manufacturer, or OEM, is an organization that produces parts or equipment that is marketed and sold by another company. During this time, some OEMs are shutting down their production lines while others are converting their production lines to manufacture medical equipment or other safety items.
In situations like we have today, when the economy slows down and production of new equipment decreases, the service parts or aftermarket division of the OEMs increase their business. This can be great for the OEMs on the surface. But there are times when OEMs have trouble sourcing the items they need to produce the equipment for their customers.
That’s where Components Company can help.
Our strategic sourcing team works with over 1,500 approved vendors to help OEMs locate the required service parts. These parts can be hard to source because of the lower EAUs (Estimated Annual Units). Our experts know which suppliers specialize in your particular application and we assure you that we will locate the best value for you.
There are Several Ways We can Help with Sourcing:
- Rely on our extensive market knowledge of sources best suited to meet your needs
- Contact us for a competitive quote on your existing parts
- Involve us right away on your new programs
Components Company also packages service parts for OEMs. We have auto-bagging equipment and automated boxing equipment. We have developed a wide array of kitting options to ensure ISO 9001:2015 certified quality and a satisfied end user.
Remember, Components Company has been deemed an essential business during this time. That means we are fully open and ready to assist. Please contact us and find out how we can help OEMs with Parts Sourcing today.