Conventional wisdom says it takes three to five years and tens of millions of dollars to digitize a corporation's supply chain. However, a few companies have reaped major benefits--including higher revenue and customer retention--with a faster, cheaper approach. It involves assembling available data; using analytics to understand and predict customers' and suppliers' behavior and optimize inventory, production, and procurement; and adding automation to revamp or introduce processes. The transformation requires three main initiatives: replacing consensus forecasts with one unified view of demand, changing one-size-fits-all supply strategies to segmented ones, and creating a plan to continually balance supply and demand and manage deviations or disruptions.