OEM
OEM or Original Equipment Manufacturer is when LITIO manufactures products or components for your company to brand and sell as your own.
WHAT IS OEM?
When LITIO manufactures products or components that are then branded and sold by your company. These products or components will be typically integrated into your final product for branding and selling them.
WHAT IS THE DIFFERENCE BETWEEN OEM AND ODM?
The main difference between OEM and ODM is that OEM involves the manufacturing of products or components to the specifications and designs of your company, while ODM involves the designing and manufacturing of a product from scratch for your company.
WHAT ARE THE BENEFITS OF OEM SERVICES?
There are several benefits of OEM (Original Equipment Manufacturer) services:
1. COST-EFFECTIVE
OEM services can be cost-effective for you, as you do not have to invest in research and development or manufacturing facilities. This can help you save on overhead costs and reduce expenses.
2. SPECIALIZATION
Outsourcing non-critical functions to an OEM allows your company to focus on your core competencies and allocate your resources towards activities that are more closely aligned with your business goals.
3. SPECIALIZED EXPERTISE
LITIO often has specialized expertise and resources that your company may not have in-house. This can be particularly useful when you are looking to enter a new market or produce a new product.
4. FLEXIBILITY
OEM arrangements can be flexible, allowing you to scale up or down production as needed, depending on market demand.
5. QUALITY CONTROL
LITIO’S OEM services are usually required to meet certain quality standards that you define, which can help ensure that your products produced are of high quality.