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Showing posts with the label OEM

OEMs Customers

OEM -- or original equipment manufacturer -- is defined as a company that manufactures a product that is sold to another company, which resells the product under its brand name. Business textbooks often refer to OEMs as "contract manufacturers." The genesis of the term OEM comes from the Dutch phrase, loosely defined, simply means "under own brand." The term is flexible, but OEM usually refers to manufactured products in major industries. Yet it could also mean a company that makes the ingredients that go into a fast-food milkshake, for example. OEMs are different than value-added resellers, or VAR's. A VAR is a company or business that buys the OEMs component, part or product, and either improves on it or adds even more components to increase its value and ultimately sell it to customers directly. A good way to look at OEMs and VAR's is this . . . An OEM usually sells its products on a business-to-business model. A VAR sells directly to OEM cus...

Definition: OEM Customer

What is OEM? Designing and manufacturing electronics hardware products has evolved into two camps. One camp is the OEM. The other is comprised of contract electronics solutions providers, who often subcontract with each other for the same OEM customer or program. Details below on differences between these firms plus, why you must know, especially if you are looking to reduce or manage your EMS sourcing spends. OEM – Original equipment manufacturer The original equipment manufacturer (OEM) is the brand owner, the company whose logo displays on the final product. Think Cisco, Dell, Samsung, Lenovo, LG, Microsoft, Apple … For example. Apple’s iPhone has the Apple logo clearly visible to users. Apple is the OEM. Apple designs its products, but Apple outsources the majority of iPhone manufacturing production to contract electronics solutions providers. Both EMS and ODM. Apple does this to leverage cost to scale. It's cheaper for OEMs to pay another company (solutions provid...

OEM Vendors: Considerations

F&I and point of sale exemption: Is the Point of Sale Finance Exemption available to an Agency dealer vehicle sale? Under the NCCP regulations, “It only applies where the introducer deals directly with the credit provider/lessor and facilitates finance of the vendor’s products or services.” But the vehicle is sold by the Agency is NOT the vendor’s product. Therefore, the dealer will need to align with a broker and work under their ACL or get an ACL themselves. Another alternative is for the OEM’s captive finance company to employ the F&I staff at the dealer and work under their ACL. Importantly, if the customer is financing the purchase online with the OEM captive finance or the F&I staff are employed by the captive, why would the dealer get a commission at all? Showrooms: Unintended consequences will occur for the dealership footprint given showroom traffic will fall by 50 percent as intra-brand shopping vanishes and the time in showrooms should drop by 50 ...

OEM requirements that address digital continuity

The Missing Link of Partnerships The metrology interoperability gap is closing, but there are still many companies and users stuck in the digital divide, trying to connect the dots. CAD/CAM/CAE has been a collective term and reality for years. The critical missing link that maintains digital continuity and the all-important digital thread is computer-aided inspection. Once you’ve added CAI to your digital workflow, you’re at the doorstep of true model-based definition, which starts with an intelligent 3D CAD model and extends to reverse engineering, automated inspection, and reporting, assembly guidance, product lifecycle management (PLM), statistical process control (SPC) and more. The digital thread concept is big, Olson pointed out and can be overwhelming for some OEMs and job shops to get their arms around. Implementation begins with a commitment to intelligent CAD models and maintaining digital continuity, after which they might tackle model-based measurement for reverse engineeri...

OEM Companies: Lightweight Fuel Cell Technology

Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it has acquired UltraCell LLC (“UltraCell”), the fuel cell division of Bren-Tronics, Inc. (“Bren-Tronics”). The acquisition closed on February 18, 2021. UltraCell is a leader in lightweight fuel cells for the portable power market with mature products and cutting-edge technology. The portable battery chargers produced by UltraCell are the only NATO-approved fuel cell products Made in the USA (and one of the only two across NATO), with units already deployed in the field by military and security agencies. Three additional NATO allies are currently testing UltraCell systems. UltraCell’s fuel cell products have also been recognized and presented in multiple global NATO events. UltraCell’s technology can use hydrogen or liquid fuels to deliver reliable power at a fraction of the weight of batteries. An UltraCell system is 3x-25x ligh...