Virtual Distribution Systems: An integrated model with research initiatives

In this article, we attempt to give a comprehensive review of how classical supply chain models have evolved with advances in information technology and its related branches of knowledge. To illustrate a possible solution to meet the challenges of the present day, we propose a model of a Virtual Distribution System for a supplier (or a group of suppliers) to use in planning and operating the distribution of goods and merchandise to customers over the entire region. These customers often demand that the products they have ordered be delivered to their preferred destinations in a highly efficient way. The modular structure of this system enables it to be more flexible and responsive to dynamic changes in the market. Illustrative example of the solution obtained by the main distribution model is given in the paper.