This module is part of the
platform for Supplier Success
Supplier Benchmarking Report
Supplier Benchmarking Report for Performance Insights
Understand how your supplier diversity program measures up against industry standards with data-driven benchmarking insights from STARS.
Industry Comparison
Competitor Analysis
Actionable Insights
Tier Specific Reporting
Trusted by 100+ Fortune 500 Companies:
What, Why, How
Understanding Benchmarking Reports
STARS' Supplier Benchmarking Report helps organizations measure and improve their supplier diversity programs through customizable, data-driven benchmarking against industry peers and best-in-class standards.
What is Benchmarking Report?
A Supplier Benchmarking Report measures your supplier diversity program’s performance against industry peers, best-in-class standards, and internal targets. STARS delivers detailed benchmarking analysis across spend data, diversity classifications, and program metrics to help you understand where you stand and how to improve.
Why Is Benchmarking Report Important?
- Drives data-powered progress toward supplier diversity goals
- Identifies performance gaps against industry peers and best-in-class standards
- Benchmarks compare your performance to industry leaders
- Drives continuous improvement and strategic goal-setting
How Does STARS Solve?
STARS provides fully customizable benchmarking reports that aggregate and compare your supplier diversity data against relevant industry metrics, peer organizations, and your own historical performance. With practical recommendations and actionable insights, STARS helps your team take targeted action to accelerate program progress.
Data That Drives
Proven Efficiency with the STARS Benchmarking Reports
Years Of Experience
Diverse Spend Analyzed
Diverse Suppliers
Happy Clients
Features Overview
Drive Progress with Comprehensive Benchmarking Tools
We deliver a comprehensive suite of benchmarking tools to help you measure, compare, and continuously improve your supplier diversity program performance.
Industry Comparisons
Compare your supplier diversity program performance against peers across your industry to identify gaps and best practices.
Spend Benchmarking Tracking
Accurately measure your spend performance against industry benchmarks, targets, and historical trends across all categories.
Labor Income/Diverse Tracking
Track and benchmark diverse supplier labor income contributions to demonstrate the economic value of your program.
KPI/MBE/Reporting
Track key diversity program KPIs including MBE, WBE, and other classifications with detailed reporting and analysis tools.
Premium Flexible Insights
Customize benchmarking dashboards and reports to surface the specific insights that matter most to your organization’s goals.
Practical Benchmarking
Benchmark supplier performance across multiple dimensions and dimensions to create a complete picture of program effectiveness.
AI-Driven/Diverse Suggestion
Leverage AI-powered benchmarking tools to surface diverse supplier suggestions aligned with your performance gaps and targets.
Rapid Inferences
Generate rapid performance inferences and recommendations based on your benchmarking data to support faster decision-making.
Exceptional Customer Support
Clients Love Our Multi-Channel Customer Support & Training
Benchmarking for Your Needs
Customized Benchmarking for Your Business Goals
Benchmarking should reflect your specific business objectives. STARS delivers fully customized benchmarking reports aligned to your goals, so your team always has the most relevant data to drive your supplier diversity program forward.
- Customize benchmarks by category, Tier 1 or Tier 2 spend
- Performance gaps with tailored supplier accountability
- Actionable and continuously updated benchmarking views
Leading Competitive Analytics
Comprehensive Industry Comparisons
Understand how your program compares to peer organizations in your industry. STARS delivers comprehensive industry comparisons that benchmark your spend and performance against sector-wide standards to show you exactly where you stand.
- Compare your program against industry averages
- Highlights areas above and below industry target
- Highlights areas for growth and best-in-class reference
Actionable Insights
Practical Recommendations for Improvement
Benchmarking data is only valuable if you can act on it. STARS translates your benchmarking results into clear, practical recommendations that guide your team toward measurable improvement and accelerate program performance.
- Actionable next steps for identified performance gaps
- Recommendations for supplier sourcing improvements
- Clear action priorities by impact and feasibility
Why STARS?
See Why So Many Clients Trust STARS
Join more than 100 Fortune 500 companies and several government and certifying agencies experiencing STARS.
Industries Served
Supporting Your Industry
STARS supports Fortune 500 companies and organizations with configurable Supplier Success solutions for supplier engagement, compliance, and spend visibility.
Healthcare
Government
Retail
Manufacturing
Technology
Energy
Client Success Stories
See What Our Clients Say
The best way to showcase our commitment is through the experiences and stories of those who have partnered with us.
VIVA IT delivered seven critical hires in days, stepping up quickly to meet an urgent higher education staffing need.
We were not used to the type of prompt customer service that is being provided by you; our last provider took at least 48 hours if not more to even respond to one of our questions.
We are impressed by the flexibility and customer-centric approach demonstrated by VIVA
One of the most impressive aspects of our collaboration is your willingness to customize the systems and solutions to perfectly align with the unique needs of our organization.
The VIVA Team listens to customer feedback and makes needed adjustments. Their support team provides very quick responses. This level of customer service isnu2019t often experienced.
We've Got Answers
Frequently Asked Questions
A Supplier Benchmarking Report measures your supplier diversity program’s performance against industry peers, internal targets, and best-in-class standards. STARS provides detailed benchmarking analysis across spend, diversity classifications, and program KPIs.
Economic Impact Reporting
Visualize Your Supplier Spend Impact Down to The Local Level