Upload your own budgets, purchase prices, and supplier quotes directly into Vesper. Your internal data now lives alongside global market intelligence, all in one place.

What's new

• Add your own data via manual entry or CSV upload

• Store budgets, contract prices, supplier quotes, or any internal pricing data

• Unlimited series and products with no caps on what you can bring in

• All your uploads organized in a new dedicated "Your Data" section

• Access your data in the Prices widget, Price Comparison, and Cost Models

• Use the full Vesper toolbox on your own data: visualize spreads, calculate averages, and add notes directly in graphs

• Use your data as inputs for cost models and custom formulas

Why this matters

Vesper already lets you build custom benchmarks using formulas and cost models. Now you can go further. Bring in your actual purchase history, budget targets, and supplier offers to see the full picture.

• Track performance: Compare what you paid against what the market did

• Spot opportunities: See where your prices diverge from benchmarks over time

• Centralize everything: Stop toggling between spreadsheets and Vesper. Make it your single source of truth.

Your data stays yours

Everything you upload is siloed, secure, and never shared with other users or used in any Vesper Price Index. Your competitive information remains private.

You can now compare your cost models directly against actual prices and other cost models in the Price Comparison widget.

What's new

• Cost models now appear as selectable series in the Price Comparison widget

• Select cost models from the product dropdown, labeled with their cost model name

• View cost model historical data alongside multiple other cost models, price series, or any combination of both

• Same visualization and interaction as product prices (line charts, tooltips, trends)

• Note: Notes cannot be added to cost models

Why this matters

For finished goods, this bridges cost modeling and price analysis:

• Compare different recipe options to find the most cost-effective formulation

• Validate actual paid prices against theoretical cost models to spot inefficiencies

• Track variance trends over time to identify negotiation opportunities

For commodity and ingredient buyers, this opens up new ways to analyze contract structures:

• Build indices for weighted baskets and compare against other indices or your own prices

• Model multiplier or fixed cost-plus structures on top of any benchmark

Vesper has expanded its proprietary specialty dairy protein coverage with two new Vesper Price Index (VPI) benchmarks: WPC80 Regular US and WPC80 Regular EU. Published every Wednesday, these benchmarks provide independent, region-specific price visibility, allowing procurement teams to track actual market spreads rather than relying on fixed premium assumptions or generic proxies.

What's New:

• Weekly Regional Benchmarks: Prices for WPC80 Regular in the US and EU, published every Wednesday.

• Verified Market Input: Prices derived from verified active market participants—both buyers and sellers—so you see where trade is actually getting done.

• Deep Specialty Coverage: Strengthens Vesper’s unique position in specialty proteins, joining our existing benchmarks for WPC80 Instant, MPCs, WPI, Caseinates, and other niche protein products.

Why It Matters:

Relying on "80 Instant" for "Regular" WPC80 can hide the actual cost. These new Vesper benchmarks provide the independent reference needed to verify quotes against actual market prices. By establishing a shared view of the market, buyers and sellers can align on price faster, ensuring fair trade and reducing the time spent negotiating over data sources.

How to Use It:

• Prices Widget: Bookmark the US and EU prices for one-click access to the latest Wednesday publication.

• Price Comparison: Compare the new WPC80 Regular prices to the Instant variant and use the Spread function to instantly visualize correlations, spot patterns, and track how the price gap evolves over time.

• Cost Models: Select these new benchmarks as ingredients in your Cost Models to see product costs with WPC80 Regular as an ingredient.

How to access?

These benchmarks are live for all Vesper users with access to the Dairy module. Contact your customer success manager at [email protected] for help integrating these new indices into your dashboard.

Vesper has launched Advanced Cost Model Collaboration & Forecasting, transforming how procurement teams build, share, and predict product costs. These features eliminate silos between team members and bring AI-powered forecasting directly into your cost models, enabling real-time collaboration on forward-looking procurement strategies.

What's New:

• Cost Model Forecasting: View your total product costs up to 12 months ahead (depending on forecast availability). Toggle between historical and forecasted values with full accuracy calculations, detailed forecast tables showing price movements per ingredient, and weighted accuracy scores.

• Cost Model Sharing: Share any cost model across your organization with granular access controls. Grant view-only permissions for stakeholder reviews or edit access for joint development, with all shared models appearing in a dedicated library.

• Cost Model Collaboration: Work collaboratively on shared models with real-time updates visible to all collaborators. Receive notifications when colleagues share models or make edits, ensuring alignment on the latest cost structures.

Why It Matters: Cost models trapped in individual spreadsheets create bottlenecks and duplicate work. Meanwhile, static historical data leaves teams reactive rather than proactive. This update enables procurement teams to collaborate on living cost models that look forward, not only backward, turning isolated analysis into coordinated teamwork with visibility into future cost drivers.

How to Use It:

1. Access forecasting by clicking the toggle in any cost model widget to switch between historical and forecast views

2. Share models by selecting "Edit" in the cost model widget, then using the share option under "Access"

3. Set permissions as either "Can view" for stakeholder visibility or "Can edit" for collaborative development

4. Find shared models in the dedicated section of your cost model dropdown, marked with company models

5. Monitor changes through the Notifications banner for updates on shared models

How to access? These features are live for all Vesper users. Contact your customer success manager at [email protected] for training on maximizing collaboration workflows.

Summary: Vesper has launched Cost Models, a powerful new feature that transforms individual commodity benchmarks into complete product cost insights. This capability allows food manufacturers to combine weighted commodity benchmarks with standardized non-ingredient costs to build accurate product pricing models, delivering unprecedented visibility into true product economics.

What's New:

• Build complete product cost models by combining multiple commodity benchmarks with precise weightings

• Access industry-standard non-ingredient costs (labor, manufacturing, overhead) specific to your region

• Choose from our template library for common food products or create custom models

• Track how each component contributes to your total product cost with automatic updates whenever source prices change

Why It Matters: With record-high volatility across food commodities, understanding how ingredient changes impact finished products is critical for maintaining margins. Cost Models provide complete cost structure visibility for your entire organization: procurement teams can verify supplier price increases, finance can track margin impacts across product portfolios, and sales teams can justify price adjustments to customers with independently verified data. Non-ingredient costs can represent up to 47% of total product costs—a critical component that's now visible alongside your commodity benchmarks.

How to Use It:

1. Access Cost Models through the main dashboard menu

2. Choose between starting with a template or building a model from scratch

3. Select ingredients from your available commodities and assign precise weightings

4. Add country-specific non-ingredient costs by selecting your industry and location

5. Save your model to track cost evolution over time as prices update automatically

Related Features: Cost Models integrates seamlessly with Vesper's existing capabilities:

• Individual commodity price benchmarks (VPI, Partner prices, and Public benchmarks found in prices widgets)

• Incorporate into your own custom dashboards

• Coming in Q3 2025: Forecasting capabilities for your cost models

Summary: Enhance your dairy market analysis with exclusive pricing insights for MPC85 (US) and MPI90 (US) - now benchmarked in the Vesper Price Index (VPI), establishing the first reliable market benchmarks for these protein ingredients.

What's New:

• VPI benchmark prices for MPC85 (US)

• VPI benchmark prices for MPI90 (US)

• First reliable market benchmark for these products

Why It Matters: Until now, no reliable price benchmarks existed for these protein ingredients. These new VPIs provide clear market reference prices, essential for both buyers and sellers in the specialized nutrition sector.

How to Use It:

1. Use the Prices or Price Comparison widget

2. Add prices using the prices filter

3. Select MPC85 or MPI90 (US)

Don’t have access to these prices yet?Let us know