Global sourcing & Singapore’s electronics industry: From cost to resilience
Global sourcing in Singapore’s electronics industry has evolved from a cost-saving tactic strategic imperative for resilience. Amid trade wars, tariff shifts, and supply chain disrupti procurement now drives competitiveness by managing geopolitical risks and diversifying supplier bases. With India and Southeast Asia rising as viable alternatives, companies mu act swiftly to build agile, shock-resistant supply chains that ensure continuity and growth an increasingly volatile global landscape.
For Singapore’s electronics manufacturers, global sourcing has shifted from being a cost advantage to being a survival strategy. In a world defined by trade wars, tariffs volatility and supply shocks, sourcing is no longer just about saving costs; it has become a core approach to building resilience; whether by mitigating geopolitical tensions, adapting to tariff swings, or building diversified supply chains. With India and Southeast Asia emerging as credible alternatives, the question is no longer if companies should diversify but how quickly.
