We are at the beginning of a new era: the era of the digitized real-time supply chain that is enabled by the rapid digitization that comes with emerging technology. A real-time supply chain involves understanding and predicting what internal users and customers will need right now, even before they themselves recognize that they need it. Response velocity is the next capability that will define competitive survival. Velocity is the ability of an organization to drive working capital rapidly from suppliers through end customers. However, improving velocity requires visibility into all supply chain activities. Visibility allows individuals to see what is going on, and empower these individuals to interpret information and rapidly make decisions in response to data.