OEM Abbreviation

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Popular abbreviations of OEM:

Searching for OEM abbreviation / OEM full form leads to different results in different categories. The below table illustrates the popular acronyms among them.

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What does OEM mean?

Original Equipment Manufacturer designs the components and sells the parts to another business that makes the final goods and sells them to customers. The seller who sells the final products is a value-added reseller (VAR).

VAR can sell the finished goods under their brand. The OEM works closely with the VAR to make the end products for the users. 

Examples of OEM

• Computer companies: For example, Lenovo may not manufacture all the computer components. Instead, it assembles from other companies.
• Automobile companies – the industry will buy some products like tires or steering wheels from the OEM.

Characteristics of OEM

Licenced

The OEM sells the products’ license to the VAR and grants permission to sell it to the end customers. 

Hardware

The OEM hardware can be quickly shipped, which is necessary for the installation and operation of the equipment.

Predictive Analytics

The predictive analysis helps to know the future trends and behavior. It surveys thousands of technical support agents, which help to know the future requirement and chances of technical equipment failure.

Augmented Reality

The AR technology provides the technician with the 3D modeling and visualization tool. The technician can work on the problem through this technology by looking into real-time images and sharing them identical with the specialist. 

Importance of OEM

Quick Response Time

Since the OEM has the expertise in manufacturing the particular set of components, they can deliver the product in minimum turnaround time. Also, they can quickly fix the problem with the equipment.

High Quality of the products

OEMs have the specific skills to manufacture the products as they have years of experience, so the VAR can collaborate with the OEM and get the desired outcomes.

Better Customer Services

The OEM also ensures that the products work perfectly for a long time. They also provide technical and engineering support to the customers.