ODM Agreement defines terms where a manufacturer designs and produces products for another company to rebrand and sell, covering design rights, quality, and delivery.
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- Form Code: J2-163
- Subcategory: Industry & Manufacturing
- Official Title: ODM Agreement
- Businesses or companies that want to outsource the design and manufacturing of a product to a third-party manufacturer who will create the product based on their own design and supply it under the brand name of the hiring company.
- When a brand owner wants to quickly launch a product without investing in product design and development.
- When a company prefers to partner with a manufacturer that already has product designs ready for branding and sale.