Original equipment manufacturer (OEM) is a term used when one companymakes a part or subsystem that is used in another company’s end product. The term is used in several ways, each of which is clear within a context. The term sometimes refers to a part or subassembly maker, sometimes to a final assembly maker, and sometimes to a mental category comprising those two in contrast to all other third party makers of parts or subassemblies from the aftermarket.

Collaborative Engineering

the goal is to produce goods to meet individual customer’s needs with near mass production efficiency