Benchmarking Reports
Comprehensive Benchmarking for Supplier Management Excellence
Gain insights, set benchmarks, and outperform competitors with data-driven supplier management reports.
Trusted by 100+ Fortune 500 Companies:
What Why How
Understanding Benchmarking Reports
What Is It?
A benchmarking report evaluates your supplier management efforts against industry standards and competitors, identifying gaps and opportunities for growth.
Why Is It Important?
- Assess performance against industry benchmarks
- Identify gaps in management efforts and areas of improvement
- Set realistic goals for future supplier management initiatives
- Gain a competitive edge by understanding market trends
How Does STARS Solve?
STARS benchmarking services provide a comprehensive analysis of your supplier management performance relative to industry leaders. Our insights pinpoint improvement areas and offer strategic recommendations to optimize your initiatives, maximize impact, and align with industry best 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 management 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 management 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 management objectives, providing clear insights aligned with your existing programs.
- Customized recommendations for your Tier 1 or Tier 2 spend
- Ensures alignment with your supplier management strategy
- Options for annual or biannual progress tracking
Industry Competitor Analysis
Comprehensive Industry Comparisons
Understand how your supplier management 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 management 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
Benchmarking provides insights into performance gaps and highlights key areas for improvement, allowing for focused and effective strategies.
Yes, we provide practical recommendations to help you take actionable steps toward achieving your supplier management objectives.
Yes, our reports facilitate comparisons across industries and regions, providing a well-rounded perspective of your efforts.
Our reports include metrics such as supplier diversity spend, engagement levels, and industry-specific benchmarks to guide decision-making.
Benchmark Your Supplier Management Success Today
Leverage STARS Benchmarking to Stay Ahead in Supplier Management