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What is OEM?

OEM, short for original equipment manufacturer,manufactures products or components that are purchased by another company and retailed under that purchasing company's brand name.OEM refers to the companya that originally manufactured the product. When referring to automotive parts, OEM designates a replacement part made by the manufacturer of the original part.

What is ODM?

ODM, short for original design manufacturer, is a company which designs and manufactures a product which is specified and eventually branded by another firm for sale. Such companies allow the brand firm to produce (either as a supplement or solely) without having to engage in the organization or running of a factory. A primary attribute of this business model is that the ODM owns and/or designs in-house the products that are branded by the buying firm.