South African companies, particularly bigger enterprises, are making significant progress in optimizing their supply chains; however, opportunities for further enhancement do exist even for the most advanced practitioners.

The global supply chain management industry is "in flux and changing", requiring a more sophisticated approach to managing the alignment of supply and demand, says Hamish Brewer, CEO of US-based supply chain management solutions group JDA Software.

PrimeRevenue Incorporated, a provider of a SaaS platform for global supply chain finance, announced the release of version 5.5 of its OpenSCi SCiSupplier platform.