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Back to resources Report Best Practices for BenchmarkingSupplier inclusion programs are being asked to prove their value in ways they weren't five years ago. Executive teams want a defensible answer to a simple question: "How does our program compare to t

Your vendor master has duplicate records, missing tax IDs, and certifications nobody has checked since onboarding, and you already know it. What you don't have is a way to name each defect precisely enough to bring to a steering committee and ask for budg

You're staring down a migration deadline, and the supplier master is not ready. Duplicate vendors, missing tax IDs, addresses that bounce, and nobody can say for certain how many suppliers you actually have. The instinct is to fix whatever is easiest to s

Ask three people on a procurement team to define "supplier hierarchy" and you'll likely get three different answers. One thinks in terms of subsidiaries rolling up to a parent company. Another thinks in tiers - who supplies your suppliers. A third just kn

Most supplier diversity teams can answer "how are we doing?" using only one data source: their own program, from last year. But that's not benchmarking, it's tracking. And it leaves a real question unanswered: is 2% diverse spend actually good, or is it t

Back to resources Webinar September 30, 2026 2:00 pm EST The 2026 Supplier Inclusion BenchmarksWhat does a best-in-class supplier inclusion program look like in 2026? We have the answer. Supplier diversity programs are evolving. The ones leading it know s

Ask your team how much you're spending with a single supplier across every business unit, and watch how long the answer takes. In most procurement organizations, it takes days. That's because the number is often scattered across a dozen systems, under a d

Procurement teams have spent years, and in many cases millions of dollars, trying to fix supplier data. Cleansing projects get funded, records get scrubbed, and for a while the reports look right. Then the duplicates creep back, spend fragments across sys

The assumption most small business owners carry about Fortune 500 companies is that those contracts are not for them. Too big. Too bureaucratic. Too much competition from larger, better-resourced incumbents. That assumption is wrong, and it is costing sma

CHICAGO, September 23, 2025--Supplier.io, the market-leading provider of supplier and sourcing intelligence solutions, has released new research highlighting the growing importance of small suppliers in enterprise supply chains. According to the new repor