Dairy Cooperative Goes Live with Comprehensive Risk Solutions in Six Weeks on Eka’s Digital Commodity Management Platform
A world-class dairy cooperative has a flexible, diverse plant network that allows them to manufacture products and ingredients that are most in demand – and provide a strong, secure market for their member-owners’ milk. As market dynamics became more volatile and their business grew, they needed a more structured approach to risk. They needed a comprehensive, out-of-the-box commodity risk management solution that could be quickly and easily integrated into their existing system.
During the selection process by the dairy cooperative, Eka demonstrated the best combination of vendor stability, features and functions, reporting, training and support, technical requirements, administration and value.
- Real-time, accurate insight: Eka’s apps aggregated and analyzed data from multiple data sources – including Excel spreadsheets, Oracle ERP and more – to provide company-wide transparency into risk
- Better decisions: Eka’s risk apps enabled the dairy cooperative to make better hedging decisions, minimizing exposure as their business evolved