OEM (Original Equipment Manufacturer, original equipment manufacturer).
Can be abbreviated as "OEM" or "OEM". This mode of operation has been effective for many years in the world. In order to increase the allocation of resources owned by them to innovation capability, enterprises should reduce their investment in fixed assets as much as possible, and enterprises should not directly carry out production and accomplish the production tasks by letting other enterprises take the production as their own. In this way, only the cost of materials and processing fees paid, without having to bear the depreciation of equipment and the burden of self-built factories, according to market changes at any time flexible on-demand orders. This can promote the finished product business to form a new business advantage, develop and expand the inherent expansion of the enterprise, improve operational capability and management level, so as to create conditions for a higher level of capital operation and gain experience.
ODM (Original Design Manufacturer, original design manufacturer).
It can provide customers from product development, design and manufacturing to the latter part of the maintenance of all services, customers simply ODM service providers to put forward the product's functionality, performance or even simply provide product ideas, ODM service providers can be products from the vision to reality.