Benchmarking Reports
Supplier Benchmarking Report for Performance Insights
Find Out If Your Supplier Diversity Program Is Leading Or Falling Behind. STARS Benchmarking Shows You Exactly Where You Stand Against Industry Peers.
What Why How
Understanding Benchmarking Reports
What Is Benchmarking Report?
A benchmarking report evaluates your supplier success efforts against industry standards and peers, helping you identify performance gaps and uncover growth opportunities.
Why Is It Important?
- Assess performance against supplier success benchmarks
- Identify gaps and areas for improvement
- Set clear, achievable goals for future initiatives
- Gain a competitive edge with insights into industry trends
How Does STARS Solve?
STARS benchmarking services deliver a comprehensive analysis of your supplier success performance compared to industry leaders. Our insights highlight opportunities for improvement and provide tailored recommendations to help you optimize programs, drive greater impact, and align with best-in-class practices.
Data That Drives Results
Proven Efficiency with the STARS Benchmarking Reports
Diverse Spend Analyzed
Diverse Suppliers
Happy Clients
Years of Experience
Features Overview
Drive Progress with Comprehensive Benchmarking Tools
Industry Comparisons
Measure your supplier success performance against industry leaders, offering insights tailored to your goals.
Goal Setting and Tracking
Set and monitor supplier spend targets, customized for key areas like Tier 1 and Tier 2 procurement.
Competitor Analysis
Evaluate how your program compares to competitors, with customizable filters for industry and supplier subsets.
Tier-Specific Reporting
Generate detailed reports focused on Tier 1 or Tier 2 spend, providing precise benchmarking data.
Program-Specific Insights
Access benchmarks for different program areas, such as direct spend or specific supplier groups like construction.
Module-Based Benchmarking
Benchmark each module of your supplier success program for targeted improvement.
Advanced Data Segmentation
Break down supplier data by type, spend category, or project to refine your sourcing and procurement strategies.
Expert Analysis
Leverage insights from our experts to drive strategic decisions based on benchmarking outcomes.
Exceptional Customer Support
Clients Love Our Multi-Channel Customer Support & Training
Strategic Impact
Customized Benchmarking for Your Business Goals
Benchmarking reports tailored to your unique supplier success objectives, providing clear insights aligned with your existing programs.
- Customized recommendations for your Tier 1 or Tier 2 spend
- Ensures alignment with your supplier success strategy
- Options for annual or biannual progress tracking
Industry Competitor Analysis
Comprehensive Industry Comparisons
Understand how your supplier success performance compares to industry standards and competitors, with benchmarks tailored to your sector or region.
- Compare with peers in your industry
- Insights customized by sector and region
- Highlight areas for growth and development
Actionable Insights
Practical Recommendations for Improvement
Receive comprehensive reports featuring actionable steps to enhance your supplier success performance based on analyzed data.
- Strategies tailored to benchmarking outcomes
- Expert advice for seamless integration
- Clear focus on key areas of improvement
Why STARS?
See Why So Many Clients Trust STARS
Join more than 100 Fortune 500 companies and several Government and Certifying Agencies experiencing STARS.
Tailored Portal Workflow
Customize the portal to fit your specific workflow needs, ensuring the system works for you.
Branded, Secure Private Portal
Your portal is unique to your brand and protected by industry-leading security measures.
Custom Reporting
Dynamic report-building tools let you create custom reports to fit your exact needs.
Global Capabilities
Our platform supports organizations worldwide, ensuring seamless operations across borders.
Transparent Pricing
Enjoy fixed, competitive pricing with no hidden costs and unlimited users.
Multi-Channel Customer Support
Our exemplary customer support and training ensure your success.
Global Capabilities
Expand Your Impact with Tailored Benchmarking Insights
Industries Served
Supporting Your Industry
STARS supports 100+ clients from government agencies to large healthcare and manufacturing clients with tailored solutions to meet the diverse needs of various sectors
Healthcare
Government
Retail
Manufacturing
Technology
Energy
Client Success Stories
See What Our Clients Say
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.
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.
The VIVA Team listens to customer feedback and makes needed adjustments. Their support team provides very quick responses. This level of customer service isn’t often experienced.
We are impressed by the flexibility and customer-centric approach demonstrated by VIVA
We've Got Answers
Frequently Asked Questions
A Benchmarking Report compares your supplier diversity performance against industry standards and competitors. It helps identify gaps, strengths, and areas for growth.
Benchmarking enables organizations to assess their performance objectively, set realistic goals, stay aligned with best practices, and gain a competitive edge in supplier diversity initiatives.
STARS provides a comprehensive analysis of your supplier diversity efforts. That includes industry comparisons, strategic recommendations, and targeted insights to enhance your program and align with leading practices.
Our tool offers a comprehensive set of features designed to drive smarter decision-making and measurable results. Users can access industry comparisons customized by sector or region, as well as set and track goals for Tier 1 and Tier 2 spend. The platform also enables competitor analysis with customizable filters and tier-specific benchmarking to measure performance against industry standards. With module-based reporting, organizations can focus on targeted improvements, while data segmentation by spend category or supplier type provides deeper visibility. To maximize impact, every report is supported by expert analysis and actionable recommendations.
Yes. Reports can be customized to align with your business objectives and diversity initiatives. You can schedule them annually or semiannually and have them reflect goals around Tier 1 or Tier 2 spend or other strategic priorities.
Industries such as healthcare, government, retail, manufacturing, technology, and energy all use STARS benchmarking solutions to refine their supplier diversity programs based on industry-specific insights.
STARS provides expert guidance, training, and multi-channel customer support. Their team helps you interpret findings and act on insights to drive continuous improvement.
These reports help you uncover gaps, develop targeted improvement plans, adapt supplier strategies, align with peer performance, and elevate the impact of your supplier diversity efforts.
Yes. The portal can be branded to match enterprise identity. Its workflow and reporting modules are fully customizable to align with your organization’s internal processes.
More than 100 Fortune 500 companies, government bodies, and certifying agencies trust STARS for benchmarking their supplier diversity performance and improving outcomes.