Supreme Components International
| Type | Private |
|---|---|
| Industry | Electronics |
| Founded | 2001 |
| Headquarters | |
Number of locations | 16 offices in 12 countries |
| Products | |
| 5.1M$ | |
| Owner | |
Number of employees | 50 |
| Website | https://www.supremecomponents.com |
Supreme Components International Pte. Ltd. (SCI) Is a franchised distributor of high-tech electronic and LED components headquartered in Singapore. The company specializes in global distribution and value-added services pertaining to these components. Supreme is recognized as Singapore's largest electronics distributor by SourceToday.[1]
Origin
[edit]Founded in 2001, the company was going through a lean period facing losses before it was taken over by current president & CEO Vick Aggarwala in 2005. Under his leadership, SCI has managed to overturn its fortunes and has established themselves as a reputable franchised distributor in the region.[2] The company has site offices in Australia, Canada, India, Indonesia, Malaysia, Philippines, Thailand, and Vietnam and serves customers in over 45 countries around the world covering Asia, Oceania, Americas and Europe and is planning to expand even further.[3]
About the President
[edit]President & CEO Vick Aggarwala formerly presided over Future Electronics. He was responsible for bringing Future Electronics to Asia in 1992 as the first North American distributor to enter the Asian market. He headed Nu Horizons (now part of Arrow Electronics) as its president for Asia-Pacific in Singapore. He was instrumental in establishing multiple offices in more than 12 countries during his tenure with Alcatel, Future & Nu Horizons.
Operations
[edit]In 2005, Vick Aggarwala acquired Supreme Components International (SCI) and assembled a diverse team, later divesting parts of the business. SCI currently operates across 9 countries, serving customers with a culturally diverse workforce and reporting annual revenues of $56 million. In an interview, Aggarwala noted his belief in the benefits that the human touch has over the use of technology.[4] SCI exists to “add value at the speed of thought for customers and suppliers”. They are equally focused on both the electronic component and LED lighting industry and have an extensive list of dependable suppliers.
SCI has been actively expanding into different countries in the ASEAN and also set up a regional headquarters in India (in Bangalore) in 2011. SCI now has 16 offices in 12 different countries.
Vick Aggarwala's son, Piyush Aggarwala, is currently the Vice President of Sales and Digital. He joined the business in 2013 after migrating from Washington DC to actively help expand the business. He also heads the IT division and is instrumental in driving the firm's push towards technological innovation.
In FY 2022/23, the firm experienced a significant 100% growth due to investments made in various countries as well as improved regional and macroeconomic conditions in the field of distribution of high-tech electronic components in the technology industry.
Innovations
[edit]SCI launched an online stock checker selection tool to aid OEMs/EMS and manufacturers to choose the most appropriate cost and availability of components from 80 online suppliers globally. Supreme Components is also reported to be backing the newly launched electronic components e-commerce website ChipsGalaxy.[5]
References
[edit]- ↑ "StackPath". www.sourcetoday.com. Retrieved 2022-08-30.
- ↑ Heng, Suresh Kumar Sarad, Ho Zu (2014-10-14). "Preparing for electric growth". The Business Times. Retrieved 2019-03-26.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ↑ Nguyen, Tong Chun Wai, Natalie Wong, Van Tran, Mel (2015-09-29). "SCI takes its global ambitions seriously". The Business Times. Retrieved 2019-03-26.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ↑ Fu, Aileen; Tat, Goh Kong; Hui, Tan Ying; Young, Yang Shin (2017-10-24). "Supreme Components believes in human touch". SGSME.SG. Retrieved 2019-03-26.
- ↑ "Buy Electronic Components Online | ChipsGalaxy". www.chipsgalaxy.com. Retrieved 2022-06-01.