OEM vs Aftermarket vs Remanufactured Industrial Parts
OEM, aftermarket and remanufactured parts each have a place in industrial maintenance. Learn what the terms mean and how to choose for each application.
Unplanned downtime often comes down to a single missing part. A critical spares plan identifies which parts to keep on hand and how to keep them ready for use.
Many unplanned stoppages last longer than necessary for a simple reason: the failed part is not in stock, and nobody knows quickly where to get it. A critical spares plan addresses this by deciding in advance which parts must be available on site, which can be sourced when needed, and what to do for parts that are hard to find. This article explains how to build such a plan step by step.
A part is critical when its failure stops or seriously limits production, affects safety or the environment, and cannot be replaced quickly. Criticality depends on 3 factors:
A cheap part can be highly critical. A small sensor or a specific fuse can stop a line just as effectively as a large gearbox.
Start at the machine level rather than with individual parts. List your production assets and rate each one for the consequence of a stoppage. A simple scale is enough, for example:
Focus the detailed work on class A equipment first.
For each class A machine, go through the bill of materials and the maintenance history. Ask for each assembly:
Maintenance technicians and operators are a valuable source here. They often know which parts cause trouble, even if it is not recorded in the maintenance system.
Tip: Pay special attention to electronics and drives on older machines. They tend to fail without warning and are often the hardest parts to source.
Not every critical part has to be on the shelf. Typical options are:
| Strategy | Suitable when |
|---|---|
| Keep in stock on site | Long or uncertain replacement time, high consequence |
| Supplier or consignment stock | A supplier agrees to hold the part for you |
| Shared stock across sites | Several plants use the same part |
| Repairable spare (rotating pool) | Failed units can be repaired and returned to stock |
| Source on demand | The part is standard and widely available |
| Engineering solution | Upgrade or redesign removes an obsolete or weak part |
For obsolete parts, consider a last time buy, a repairable spare, or a planned upgrade. Our article on sourcing obsolete industrial parts explains these options in detail.
For each part you decide to stock, define a minimum quantity and a reorder point. Base this on how many identical parts are installed, how often they fail and how long replenishment takes. For most critical spares in a single plant, the minimum is often 1 unit. Avoid stocking far more than needed, because tied up capital and ageing stock are real costs. The article on spare parts inventory strategy covers stock levels in more depth.
A spare that fails when installed is worse than no spare, because it creates false confidence. Good practice includes:
When a critical part fails and no spare is available, the speed of sourcing depends on information. For each critical part, keep a record with:
Having this ready allows you to request a part immediately with complete data. If the original manufacturer can no longer supply it, a sourcing agency such as LiteHard can search distributors, surplus and stock holders worldwide.
A spares plan is not a one time project. Review it at least once a year, and after every significant breakdown. Update criticality when production changes, remove spares for machines that were scrapped, and add new obsolescence risks as manufacturers announce discontinuations.
Send us what you know about it: part number, machine nameplate, photos or a drawing. We search manufacturers, distributors and stock holders worldwide and send you a quote when we find it.
Request a partOEM, aftermarket and remanufactured parts each have a place in industrial maintenance. Learn what the terms mean and how to choose for each application.
A practical guide to deciding what to stock, how much to hold and how to keep a maintenance storeroom useful instead of expensive.
Buying a spare part from another country adds customs to the job. This guide explains Incoterms, HS codes, documents, origin and duties in plain terms.