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Monday, 07/13/2015 11:06:14 AM

Monday, July 13, 2015 11:06:14 AM

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LBI-Renewable & DualZorb - an OEM Product - Ready to Re-Shape Oil-Spill Clean-up all over the world?

OEM Definition: What is OEM?

OEM (pronounced as separate letters) is short for original equipment manufacturer. OEM is somewhat of a misleading term for a company that has a special relationship with computer and IT producers. OEMs are not actually the "original manufacturer" of the equipment, but are actually a company who has a relationship with the original manufacture to resell that manufacturer's product under its own name and branding. While an OEM is similar to a VAR (value-added reseller), it refers specifically to the act of a company rebranding a product to its own name and offering its own warranty, support and licensing of the product. The term is really a misnomer because OEMs are not the original manufacturers; they are the customizers of the product.



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