Get the real price: Food commodity benchmarks for smarter negotiations
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600+
Companies already using Vesper
Think about your last supplier negotiation. Which scenario reflects yours?
I reviewed a supplier's price increase with no
independent data to verify their market claims
I confidently evaluated the supplier quote against real-time, independent market benchmarks for your my ingredients
WHAT’S THE PROBLEM?
Without reliable, real-time benchmarks for essential food commodities procurement teams frequently struggle with:
Unverified supplier quotes
How can you confidently assess if your supplier's offer for niche ingredients truly reflects the current market?
Reduced negotiation power
Countering supplier claims or securing better terms can be challenging without concrete, unbiased market data to support your position.
Reactive purchasing decisions
Outdated reports and supplier-filtered information leave you playing catch-up in volatile markets instead of seizing opportunities.
Margin erosion
Market volatility directly impacts your bottom line. Negotiating without clear insights is a significant financial risk.
OUR SOLUTION
Fair prices and informed decisions with
transparent food commodity intelligence
From data to informed negotiations in 3 simple steps
Time your purchases strategically
Use forecasting and expert market analysis to identify the most opportune moments to enter the market. Understand future price trends and market fundamentals to make proactive buying decisions, rather than reactive ones.
Negotiate with confidence and transparency
Arm yourself with our independent market benchmarks. Verify supplier quotes, substantiate your pricing discussions, or even establish transparent, long-term index-based contracts that reduce negotiation friction,
Secure equitable and efficient agreements
By grounding your negotiations in objective, transparent market data, facilitate quicker discussions and achieve more equitable deals. Our platform helps ensure that terms are fair and reflective of true market conditions, fostering stronger, more sustainable supplier relationships.
Powerful tools that drive procurement success
Global food price coverage
Get a complete view of the food commodity markets. We deliver extensive price benchmarks by aggregating data from major global futures exchanges, public bodies, and commercially sourced partner prices from industry-trusted entities.
This provides an always up-to-date, robust foundation for your market understanding and negotiations.
Vesper Price Index (VPI)
for
unmatched clarity
See the prices others don’t. Our proprietary Vesper Price Index (VPI) provides precise benchmarks for key food ingredients where transparent, high-quality data is often missing or inadequate, such as specialty proteins or niche derivatives.
The VPI fills critical industry gaps, delivering unparalleled clarity where current benchmarks don’t suffice.
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- Join more than 5000+ users
- Average satisfaction of 8,8/10
Join more than 5000+ users Average satisfaction of 8,8/10
NEW FEATURE
Cost modeling
Turn commodity benchmarks into product pricing. Vesper allows you to turn individual benchmarks into fully customizable product cost models that reflect your unique recipes.
Combine multiple ingredients with prefilled industry non-ingredient cost structures to create accurate and automatically updating cost breakdowns.
Centralized data & powerful analytics
Access all this vital intelligence through a single, easy-to-use dashboard. Designed for busy food industry professionals, our platform provides on-demand access to general price coverage, VPIs, advanced pricing analysis tools, forecasting models, and crucial market alerts.
Effortlessly visualize trends, compare data, and stay ahead of market shifts.
Discover the power of Vesper
600+ customers worldwide
Trusted by leading global brands
Andre Wanicki
Manager Commodity Insights, ALDI
“We have been waiting for a high-tech intelligence platform like Vesper for a long time. Their market intelligence and forecast abilities are much needed and help us make better-informed decisions.”
Conrad Fessler
CPO and Managing Director, Haribo
Willem Uijen
Chief Procurement Officer at Unilever
Gain the Vesper advantage:
Data-driven commodity procurement
Empower your team with the advantage of real-time food commodity benchmarks, exclusive VPIs, strategic forecasting, and expert insights, all accessible through an easy-to-use platform. Move towards clearer, more informed discussions and achieve optimal outcomes in every food ingredient negotiation.
- Strategically time your purchases using reliable forecasts and market analysis.
- Establish fair market value for all food ingredients with reliable price benchmarks.
- Enhance transparency and reduce friction in price discussions and contract terms.
- Negotiate with greater confidence, backed by comprehensive intelligence.
- Effectively mitigate risks using timely alerts and a clear view of market fundamentals.
- Save valuable time on data gathering with our centralized dashboard, allowing focus on strategic objectives.