Developing a Modern Distribution Chain: A Three-Pronged Approach

This paper presents design and development of a modern distribution chain that is capable of adapting to changing market conditions. The distribution chain development uses a three-pronged attack: 1) Iterative approach with independent modules: an iterative approach is utilized for agility (adapting to market); the distribution chain is divided into modules to support the iterations. 2) Optimal algorithms and mathematics: the individual modules are coded with the most suitable algorithm and proper mathematics; this is because, these independent modules are going to be executed independently by different collaborators in different places. 3) Service component architecture for implementation: Distribution chain consisting of modular components that are run on geographically dispersed places prompts the use of Web Services components for implementation of these modules