Swedish-based IFS, which has a software development facility in Sri Lanka, recently announced a new supply chain software product already available in the marketplace, Trade Management 2.0, according to a statement by the company.

Available as an add-on to IFS Applications 7.5 SP5 since March, the company's statement further noted that the product offers "multi-country" supply chain management and is intended to "improve supply chain transparency and increase responsiveness and efficiency in order to help businesses offer the most competitive service to their customers".