Supplier.io

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