As we have mentioned earlier, OEM stands for Original Equipment Manufacturer. It refers to the companies that sell products and designs according to the demands and preferences of customers. The term OEM is mainly associated with automation and IT and is also taking place in the jewelry industry. An OEM-associated firm produces products sold under the name of other more prominent brands. It provides and adds finishing elements in the outcome of other companies, considered as Value Added Reseller (VAR). It is regarded as a company that manufactures the principal parts or components utilized by the other company to enhance or build a new product. A specific company takes another product, rebrands it, and then sells it to the final consumers.
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