Top 7 Wholesale Terms Used By China Manufacturers
Whenever you buy from a wholesaler online, whether the source is from China, Korea or any other countries, you may come across a trade term that you are unfamiliar with. You may have felt unsure or uncertain on what your supplier really means. There are 7 wholesale terms that are frequently used by wholesalers and manufacturers alike. Just understanding these 7 wholesale terms will get you by when dealing with Asia wholesalers.
OEM
OEM stands for original equipment manufacturer. It refers to manufacturers or wholesalers who make and produce goods and products, for other companies to repackage and sell. When a…