What is the meaning of OEM in GeM portal?
original equipment manufacturersNEW DELHI: India’s national public procurement portal has tied up with original equipment manufacturers (OEM) of information technology hardware and software, furniture and auto components to certify their sellers in a move to weed out counterfeits..
What is EPBG in GeM?
Typically, an export performance bank guarantee (EPBG) only covers the exporter’s obligation to deliver, exposing lenders in case there is a dispute between the buyer and exporter that prevents money from the buyer from reaching the collection account. …
What is OEM authorization?
OEM stands for original equipment manufacturer; when a shop receives an OEM Authorization Certificate, it means that the auto body shop has been recognized by manufacturers as working within their repair parameters.
Is OEM original or fake?
Original Equipment Manufacturer (OEM) vs. An OEM is the opposite of the aftermarket. An OEM refers to something made specifically for the original product, while the aftermarket refers to equipment made by another company that a consumer may use as a replacement.
What is an example of an OEM?
Short for original equipment manufacturer, OEM describes a manufacturer who puts together computers made of other company’s parts and then sells the product under its brand name. Good examples of an OEM are ASUS, Dell, Hewlett Packard, and Sony.