Move Smarter This Season

Hi there,

You've made it to the second half of the year! With July here, Christmas might seem like a distant thought. But for savvy food business owners like you, now's the perfect time to consider a strategic move. Prioritising early inventory planning can be your game-changer in 2024, especially considering inflation and potential food scarcity.

Inflation in Nigeria has been steadily increasing, driven by various factors, including global economic conditions, currency fluctuations, and local agricultural challenges. This upward trend in inflation leads to higher prices for food items, affecting both consumers and businesses.

Benefits for Your Business

• Improved Cash Flow: Securing inventory well before Christmas makes you less likely to face price hikes closer to the season. This allows you to budget more effectively with the lower purchase price locked in. Also, spreading out inventory purchases yearly instead of a large lump sum closer to Christmas eases the financial burden. It allows you to manage your cash flow more efficiently and avoid potential cash shortages during the peak season.

• Streamlined Operations: Imagine the chaos of purchasing ingredients at the last minute when demand is high and supply is limited. Early inventory planning eliminates this stress. You'll have all the necessary ingredients, allowing your team to focus on production and order fulfilment without scrambling.
• Focus on Customer Service: With the inventory worry out of the way, you and your team can dedicate your energy to delivering exceptional customer service. This could involve focusing on personalised touches like festive menu options or special holiday packaging, ultimately enhancing the customer experience.

Planning Strategies:

• Analyse Past Sales Data: Utilise historical data to forecast inventory needs accurately. This ensures you have enough stock to meet demand without overspending.
• Explore Alternative Ingredients: Consider incorporating locally sourced, climate-resilient options to mitigate dependence on specific crops susceptible to scarcity.

By prioritising early inventory planning and leveraging our platform, you can take advantage of our new feature, which will be live on our updated website from July 15th 2024. This feature allows you to save more when you buy more, giving your food business a significant advantage this Christmas. You'll secure your profit margins, ensure operational efficiency, and delight your customers with a stress-free festive season.

Plan Your Christmas

Help Us Help You:

We're surveying to understand the logistics challenges food businesses like yours face in Nigeria. Your input is valuable and will help us improve our services to meet your needs better.

Take This Survey

Hi Koko,

I've been seeing a buzz around Vendease's IG about the new website launching this month. How will this affect us, existing users? Will we need to sign up again?

Hi Cindy,

We're launching an improved platform on July 15th, so it's not a new website. All user profiles will be migrated to the new site; you only need to reset your password.

@mood.lagos shared how Vendease has provided solutions and impacted their business through our innovative food tech hub. Watch the full video here