Understanding Tier 2 Spend Dashboard

Tier 2 refers to second tier spend reports that your identified Primes (vendors required to report) submit directly to you in order to review their diversity spend. The below will help you understand the data presented on your Tier 2 Spend Dashboard.

Prime Reporting Compliance

• Displays the open reporting period
• Prime supplier reporting count
• Manage Reporting Primes
• Prime supplier statistics

You can explore your Tier 2 Spend data in multiple ways by selecting different view options such as by category, certification, and more. If your organization has applied specific classifications to suppliers, the Supplier Classification filter will also be enabled for use.

To update the dashboard with data from a specific time frame, use the Filters option to change the Year and Reporting Periods (ie: Quarter 1, 2024).

Additionally, you can choose which demographic categories you'd like to include in your view, allowing you to focus on the data that matters most to your reporting needs.

The Tier 2 Tools drop down menu provides the tools needed to set up & manage your prime suppliers, generate data reports and download the Tier 2 Dashboard visual data.

Diversity Return on Investment (DROI)

• DROI will display spend totals and percentages based on how much credit the prime has submitted for a given diversity category.
• DROI allows you to get recognition based on a proportional amount of spend, meaning, for every $1 I have spent with SUPPLIER, how many dollars in diversity spend does SUPPLIER give me back in credit?

 

Note: Tier 1 spend data must be uploaded in your portal for your Prime Suppliers as that will support the DROI figures.

 

The Tier 2 Report Bar graph highlights Current Year and Previous Year category data.

 

Lastly, your top 5 Prime Suppliers for each diverse category will populate. SHowing the Tier 2 spend submitted and the DROI % if applicable.

For an interactive walk-through guide, please refer to Tier 2 Dashboard