Legacy systems replaced: Automated pricing replaced spreadsheets and manual processes.
Land O’Lakes Reinvents its Pricing Methodology with Conga
eCommerce integration: Improved customer experience with CloudCraze on Salesforce.
Frictionless operations: Streamlined promotions and pricing across 20,000 SKUs.
Margin growth: Holistic pricing strategies boosted efficiency and profitability.
Land O’Lakes sells over 300 different kinds of dairy-based food items, operating facilities in all 50 states and in more than 60 countries worldwide. In an industry where margins are typically razor-thin, the company has been leaning into digital transformation to improve their operations and business model. Eventually, they began looking for science-based ways to improve their margins. Rather than narrowing their focus on an individual product line or within a specific location, Land O’Lakes wanted a holistic approach that would inspire across-the-board margin growth. To do this, they decided they needed to modernize their pricing practice. With about 20,000 SKUs and more than 6,000 dealers to do business with, this was no small challenge for the company.
Of all the different competing vendors out there, Conga came very highly recommended. They have been a very willing partner, and the kind of people they bring in are top-notch.
About the client:
Land O'Lakes
Arden Hills, MN, USA
Dairy product manufacturing
Products used:
Price Optimization and Management
Land O’Lakes sells over 300 different kinds of dairy-based food items, operating facilities in all 50 states and in more than 60 countries worldwide. Cooperative members supply 12 billion pounds of milk to these facilities every year to create butters and spreads, cheese, eggs, milk, and other consumer foods and ingredients. Land O’Lakes also produces animal feed and supplies its members with agricultural products and assistance.
Frequently Asked Questions
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What challenges did Land O’Lakes face before Conga?
The company struggled with outdated pricing systems, limited visibility, and manual processes that hindered efficiency and margin growth.
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How did Conga help Land O’Lakes modernize pricing?
Conga implemented dynamic pricing tools, automated processes, and integrated eCommerce solutions to streamline operations and improve margins.
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What results did Land O’Lakes achieve with Conga?
The company boosted margins, improved pricing efficiency, and enhanced customer experience with real-time insights and automated decision-making.
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How does dynamic pricing benefit Land O’Lakes?
Dynamic pricing enables real-time analytics, elasticity measurement, and better promotion management, helping the company adapt to market demands.
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What role does eCommerce play in the transformation?
By integrating Conga with CloudCraze on Salesforce, Land O’Lakes created a seamless online platform for tailored promotions and dynamic pricing.
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Why is automation important for pricing?
Automation eliminates manual errors, accelerates decision-making, and ensures consistent pricing across multiple channels and SKUs.
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How does Conga support margin growth?
Conga provides tools for real-time analytics, segmentation, and pricing optimization, enabling Land O’Lakes to maximize profitability across all product lines.