An original equipment manufacturer, or OEM, manufactures products or components that are purchased by another company and retailed under that purchasing company's brand name. OEM refers to the company that originally manufactured the product. When referring to automotive parts, OEM designates a replacement part made by the manufacturer of the original part.
Read more about Original Equipment Manufacturer: Confusing and Contradictory Definitions, Automotive Parts, Economies of Scale, Origin of Term
Famous quotes containing the words original and/or equipment:
“Revolution as an ideal concept always preserves the essential content of the original thought: sudden and lasting betterment.”
—Johan Huizinga (1872–1945)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (1908–1973)