Case Studies

PROS Industry Success Stories Food & Consumables EMEA eBook

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Introduction Company #1 Company #3 Company #2 Company #1: Land O'Lakes Description: American member-owned agricultural cooperative Revenue: $16 billion Reason for using PROS: Land O'Lakes had been utilizing a combination of legacy systems and spreadsheets to manage their pricing, quoting, and data. Their methods were time-consuming for employees and produced a low-quality customer experience. The company wanted a scientific approach to pricing methodologies and capabilities to improve margins and offer customers a modern, consistent, and convenient eCommerce experience by: • Moving away from its legacy systems and manual processes • Improving quote consistency and customer response time • Efficiently managing over 20,000 SKUs Solution: PROS was appealing to Land O'Lakes for its modern, cloud-based solution for pricing and quoting, and the expert help they would be able to offer while implementing the software. The company went with AI-powered Quoting and Pricing by PROS. After deploying PROS pricing automations and dynamic pricing tools to replace Land O'Lakes legacy technology and manual processes, workflows were changed for the better. For example, the company could now automatically derive insights and analytics, and more easily manage product promotions. Benefits: 1. Dynamic pricing drove faster decision-making, which led to a more efficient use of employee time and better time-to-value. 2. The single, cloud-based solution enabled Land O'Lakes to unify and transform their pricing processes across the entire business. 3. Streamlined workflows allowed the cooperative to provide a smoother experience for customers. Wow, we really Wow, we really transformed our transformed our pricing with that pricing with that new software. new software. READ THE FULL STORY "For us, it's about embracing changes and keeping up with them for competitive advantage." —Michael Macrie, Senior Vice President & Chief Information Officer for Land O'Lakes Hmm, I wonder if Hmm, I wonder if that was PROS? that was PROS? Yeah, and don't forget Yeah, and don't forget the improved customer the improved customer experience! experience! PROS Best-kept Secret Success Stories: Food & Consumables | 3

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