Modern OEM procurement teams understand the need to strike a balance between manufacturing costs and the lifespan of their precision-machined parts and equipment to maintain a healthy profit margin. This is especially true for products used for off-road agricultural, construction, mining, and industrial applications, as their components are exposed to constant friction, debris, impact, and contamination that can shorten their lifespan. As a result, procurement teams must focus on finding solutions that deliver the greatest overall value throughout the equipment lifecycle.