ODM Manufacturing
What is ODM Manufacturing?
ODM (Manufacturing) is the abbreviation given for Original Design Manufacturer and refers to a company, such as Vigor Healthcare, that originally designs and manufactures healthcare products which in turn are then branded with another company’s information for sale.
ODM Manufacturing is when a company supplies custom branded products to its customers for which it owns the original design files.
An Original Design Manufacturer, such as Vigor Healthcare, is also regularly described as a ‘Private Labeller’ of ready-for-market products.
The Key Advantages of ODM Supply are that product specification, testing, sizes, colouring and packaging is already standardised. ODM products can also be mixed products where the customer can request further modifications based on customers own ideas, however this will depend on the manufacturer’s flexibility.
Additionally, the minimum order quantity is often less than with OEM, due to the fewer set-up costs in prototyping etc.
| ODM Manufacturing | OEM Manufacturing |
|---|---|
| Access to product designs | Exclusivity for the product |
| Own branding & labelling | Customer provides full spec and documentation |
| Very low product development costs. | Higher development and set-up costs |
| Lower minimum order quantity requirements. | Higher minimum order quantity requirements |
| Optimization gain from manufacturer know-how. | Product know-how synergies |
Want to know more about OEM Manufacturing? Read More…
