DISTINGUISHING OEM, ODM, OBM IN INDUSTRIAL PRODUCTION
The article is written by Paralegal Bui Thi Nam Phuong, Ho Chi Minh legal department - currently pursuing studies in the field of Civil Law at Ton Duc Thang University.
In recent times, the manufacturing and import-export industries have experienced significant development. The global spread of globalization, coupled with a substantial increase in the demand for consumption and the trading of goods, has created favorable conditions for businesses to enhance production scale and expand export activities to international markets. In the field of import-export, terms such as OEM, ODM, and OBM have become more popular than ever. However, not everyone is familiar with these concepts and their specific characteristics.
In this article, Dai Ha Thanh Law Company will provide basic information and explain the differences between OEM, OBM, and ODM activities.
1. Concept of OEM, ODM, OBM.
1.1. OEM concept.
OEM stands for "Original Equipment Manufacturer." OEM is commonly used to refer to businesses or factories that carry out manufacturing tasks according to pre-set designs and technical specifications, selling the products to another company (responsible for distribution). In other words, an OEM company will produce products for another company under a specified outsourcing contract, as stipulated in Article 542 of the 2015 Civil Code. Consequently, the finished products will be brought to the market under the brand of the company that commissioned the production.
For example, not all components of Lenovo laptops are directly manufactured by Lenovo. Some parts, such as the processor or memory module, are produced by other units according to Lenovo's specifications. Thus, other companies responsible for manufacturing are considered OEMs for Lenovo.
1.2. ODM concept.
ODM stands for "Original Design Manufacturer," and it is used to refer to manufacturers with the capability to design products based on customer requirements. ODM businesses typically have the ability to research and develop products from start to finish, covering design, manufacturing, and packaging. Subsequently, other companies can purchase ODM products and bring them to the market under their own brand.
For example, Compal is a well-known ODM company that provides design services for Acer, Dell, Toshiba, Lenovo, and HP.
1.3. OBM concept.
OBM stands for "Original Brand Manufacturer," and it refers to manufacturers with the capability to develop and produce products under their own brand. OBM companies have more control over the entire production process, from design and marketing to sales. OBM takes responsibility for everything, from developing ideas to customer support. This means that OBM businesses have the authority to decide on design, quality, and manufacturing processes, helping create unique products that align with the company's vision and values.
For example, many cosmetic brands currently use OBM to research, develop, and produce their products, such as Estée Lauder, Shiseido, MAC Cosmetics, and others.
2. Advantages and disadvantages of OEM, ODM and OBM.
The OEM, ODM, and OBM models all play crucial roles in the modern industry. Each model brings its own advantages and challenges, catering to the needs and business strategies of companies in different ways. To make optimal decisions for a business, understanding the advantages and disadvantages of each production method is essential. Below is a comparison table of the advantages and disadvantages of all three models:
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3. Distinguish between OEM, ODM and OBM.
Distinguishing between the OEM, ODM, and OBM production models plays a crucial role in gaining a profound understanding of manufacturing and business strategies. The differentiation of these three production models assists in managing distinctive strategies, suggesting separate approaches to meeting market demands, and building brand reputation.
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Understanding and distinguishing between the three models of OEM, ODM, and OBM is crucial. This helps businesses choose manufacturing and business methods that align with their goals. OEM is a suitable model for companies looking to save production costs and focus on marketing and sales. On the other hand, ODM is suitable for companies seeking innovation and the development of new products. Meanwhile, OBM is appropriate for companies looking to build and develop their own brand. The above is the comprehensive overview of the research by Dai Ha Thanh Limited Liability Law Company on the concepts of OEM, OBM, ODM, and the differences between these three forms. If you have any questions or need advice, please contact us for professional legal consulting services.