COST MODELS

Turn commodity benchmarks into product pricing

Use Cost Models to build benchmarks for your own recipes and products, combining Vesper’s food commodity data with industry-standard non-ingredient costs.

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cost models - from single benchmark to complete product costs

From single benchmarks to complete product costs

Transform individual commodity benchmarks into custom product cost models that reflect your unique recipes. Combine multiple ingredients with precise weightings to build accurate cost models for your specific products.

Beyond ingredients: complete cost modeling

Access pre-filled manufacturing and operational costs that can represent up to half your product's final price. Simply select your country and industry to complete your cost models with verified non-ingredient data.

Dynamic intelligence: protect margins with real-time data

Models automatically update whenever source prices change. Track composite price development over time and visualize how individual components evolve, identifying which specific non-food ingredients are driving cost changes in your products.

Cost modeling for every stakeholder in your value chain

Equip finance, sales, and procurement teams with data-backed models that reveal true product costs, strengthening every negotiation and strategic decision.

Transform price discussions with trusted data

Replace contentious price negotiations with data-backed conversations. Present independently verified cost models that build credibility and demonstrate price fairness.

Turn zero-sum pricing battles into collaborative discussions about value, helping your retail partners understand the true economics behind your products.

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A complete food cost modeling solution

In today’s complex food industry, understanding the true cost of composite products has become increasingly challenging. Procurement teams struggle to verify supplier claims for compound ingredients, while sales teams face skeptical retailers demanding justification for price increases.

Vesper’s Should Cost Models bridges this gap by providing independently verified cost breakdowns that account for both ingredients and manufacturing costs, all in an intuitive interface anyone can use.

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Start modeling instantly or build custom from scratch

Begin with industry-proven templates covering key food categories, from mayonnaise to protein bars, and from late-night snacks to breakfast staples.

Get started in minutes with pre-built models, or build your exact specifications from the ground up by adding your own ingredients and weighting trusted benchmarks to perfectly match your recipes.

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cost models - start modeling instantly or build custom from scratch

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Leave static excel models behind

Say goodbye to outdated spreadsheets and hello to living cost models that update automatically with the latest price data, daily, weekly, or monthly. All benchmarks are just clicks away, eliminating manual data hunting and entry errors. Easily simulate cost-saving scenarios by changing ingredient origins, adjusting product sizing, testing substitutions, or exploring health-conscious alternatives with Vesper’s premium protein benchmarks.

Best of all, your cost intelligence is no longer trapped in a single team’s spreadsheet, it’s accessible to everyone in your company without specialized training, creating true organizational alignment.

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Connect your organization with a single source of truth

Finance teams serve as the critical bridge between buying and selling activities. Cost Models provides the visibility they need to manage margins effectively, validate cost assumptions in financial models, and support strategic decisions on product portfolio optimization.

When procurement, finance, and sales all work from the same data-backed cost models, your organization speaks with one voice on pricing and strengthens its position throughout the value chain.

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Complete the cost picture with non-ingredient intelligence

Don’t miss half your product’s cost story. While competitors leave you to guess at manufacturing costs, Vesper provides verified industry data for labor, production, overhead, and even average profit margins. Simply select your industry and country to instantly apply these crucial non-ingredient costs—factors that can represent up to 50% of your product’s final price.

Fully customizable for companies with known cost structures, but invaluable for those who lack this data. Stop running blind on major cost components and avoid blindly accepting price changes that might be mitigated by efficiencies elsewhere in the value chain. With Vesper, you’ll see the complete cost picture that competitors simply can’t provide.

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Our solution

Unlock the full power of market insights

Dive deeper into the data that drives your sourcing strategy. From spot prices to forecasts and benchmarks, explore every Vesper feature designed to keep you ahead of the market.

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