The business's state-of the art production facility in Blyth, which opened in 2012, was a critical part of its establishment as one of the leading OEDM
firms in the country.
The big difference with OEDM is that the supplier is able to play an integral, more collective role rather than being held at arms' length.
At Tharsus, we have found that adopting OEDM pays off.
OEDM promotes collaboration, allowing suppliers not just to communicate vertically in the chain.
For the UK's domestic supply chain and the country's economy as whole to grow and prosper, more companies need to apply the OEDM model as from our experience at Tharsus, it creates win-win business relationships.
OEDM is all about making better products for their customers.
However the OEDM model brings in longer-term contracts and is highly scalable.
In essence, OEDM is an emerging form of outsourcing partnership, which is ideally suited to face the challenges presented by the shorter product life-cycles found in developed economies such as the UK and Europe and brings together supply chain management, IP and design and manufacture into one process.
At Tharsus, the core of our business is OEDM, developing elegant and effective products for our customers and offering longterm production capacity.
Customers can also rely on an effective OEDM practitioner to take an objective approach to their product with the aim of not only producing a more effective product, but one that offers cost savings and efficiencies.
The OEDM process created a significantly more robust product, which has reduced the cost to Safetykleen by 25 percent.
Chief executive of Tharsus Group, Brian Palmer, said: "This is the perfect example of a relationship between a business that has a strong IP focus and an OEDM