Hispanic Enterprise - February/March 2008 - (Page 31)

Aetna Inc. Hartford, CT www.aetna.com/about/aetna/sd Aetna works actively to identify Hispanic suppliers for all commodities and services. The supplier diversity manager works with suppliers to help contractors navigate Aetna’s procurement system, connecting them directly with commodity areas. Aetna also leverages its corporate membership with the National Minority Supplier Diversity Council and sponsorship of the U.S. Hispanic Chamber of Commerce to attract and identify Hispanic suppliers. Their goal is to include a diverse slate of suppliers in all its bidding oportunities. diverse consumers. Contact: Margaret Klinsport 847-402-5000 cbbd8@allstate.com sumers, small and middle market businesses and large corporations with a full range of ﬁnancial services. American Express Contact: Edward Cates NA Phoenix, AZ www.americanexpress.com Each year, American Express purchases a broad range of products and services from diverse businesses. Suppliers who do business with American Express are expected to demonstrate their commitment to diversity through a plan or program established within their own operations that quantitatively measures their purchases of goods and services from minority, women-owned, physically challenged and small businesses. American Express acknowledges and offers opportunities to those majority suppliers who assist American Express’ diversity policy by utilizing second-tier diverse suppliers. Chrysler Auburn Hills, MI www.Chrysler.com Chrysler actively seeks out Hispanic vendors and minority suppliers through a variety of channels. Chrysler assists Hispanic businesses by conducting an annual matchmaker event to provide additional business opportunities for minority businesses. Chrysler also takes an interest in helping its minority suppliers develop. The company offers a unique mentoring initiative known as the Minority Enterprise Initiative (MEI) aimed at helping participants become more competitive. The success of MEI has been demonstrated as the participating suppliers have gained an additional $350 million in business with Chrysler since the program’s inception. It also provides on-site training courses for suppliers in quality techniques, sixsigma quality, lean manufacturing and green/ black belt quality training. Contact: Kristen Hickey 860-273-6541 hickeyk@aetna.com AFLAC Columbus, GA Aﬂac.adaptone.com Developing mutually beneﬁcial relationships with minority-owned suppliers is one of the company’s fundamental objectives. Aﬂac also encourages primary suppliers to actively provide secondtier opportunities that support the supplier diversity initiative. Aﬂac maintains corporate memberships in the Georgia Hispanic Chamber of Commerce, Georgia Minority Supplier Development Council, and other organizations. In 2006, Aﬂac offered more than 89 minority contracts and allocated more than $34 million dollars in minority supplier contracts. Contact: Supplier Diversity Manager 800-528-5200 supplier-diversity@aexp.com AT&T San Antonio, TX www.att.com AT&T, one of the world’s leading providers of telephone, Internet and data servicing, has a goal of spending 21.5 percent of its total procurement budget with diversity-owned enterprises. AT&T looks for opportunities to work with diversity suppliers in all aspects of its business—from advertising to central ofﬁce engineering, computers, outside plant construction and network provisioning. In 2006, AT&T spent $5.15 billion with diverse suppliers, representing 13 percent of its procurement base. AT&T boasts being a member of the Billion Dollar Roundtable, a supplier diversity think tank of corporations that spends more than $1 billion annually with diverse companies. Only 12 companies qualify at this level. Contact: Jethro Joseph 248-576-2051 jj4@chrysler.com Citigroup New York, NY www.citigroup.com A ﬁnancial institution the size and scope of Citi buys a broad range of goods and services, such as ofﬁce supplies, technology, printing services, furniture, and paper. The Supplier Diversity Program has expanded the roles of diverse suppliers beyond the traditional procurement areas (i.e. temporary stafﬁng) into professional and technical services (i.e. legal, marketing, accounting, IT, and investment advisory services). Bidding is competitive and based upon the ﬁrm’s management expertise, operational capabilities and track record. Citi purchasing professionals play a key role by meeting the company’s purchasing goal while supporting its supplier diversity program. In addition, other employees who make purchasing decisions are required to seek and utilize competitive, diverse suppliers and consultants. Contact: William Haley, Jr 706-243-6870 bhaley@aﬂac.com Northbrook, IL www.allstate.com Allstate is the largest publicly held personal lines insurer with $149 bllion in assets. The company insures one in eight autos and homes in the U.S. Supplier diversity is aligned with Allstate’s multicultural marketing efforts, which actively reach out to HISPANIC ENTERPRISE Allstate Insurance Contact: Joan Kerr 210-821-4105 Bank Of America Charlotte, NC www.bankofamerica.com Bank of America is one of the world’s largest ﬁnancial institutions, serving individual con- Contact: Diane T. Ashley 212-599-0678 31 February/March2008 http://www.aetna.com/about/aetna/sd http://www.americanexpress.com http://www.Chrysler.com http://aflac.adaptone.com http://www.att.com http://www.citigroup.com http://www.allstate.com http://www.bankofamerica.com

Table of Contents Feed for the Digital Edition of Hispanic Enterprise - February/March 2008

Hispanic Enterprise - February/March 2008 Contents Briefcase: BIZBUZZ: Business Briefs Briefcase: Trendsetters Briefcase: BIZTECH: Virtually Meeting BizLife: Travel: Madrid's New Attraction Q & A: Mi Case es su Casa Hispanic Commerce: The Agenda Cover Story: The Top 50 Corporations for Supplier Diversity Technology: Hispanic Web 2.0 Success & Motivation: Sweetening the Deal Politics & Government: The Rescue Generation Managing: The Method Franchising: The Hispanic Face of Franchising Chamber Focus: It's Showtime Movers & Shakers: Open for Business Finance & Investing: Getting Your 401(K) on Target

Hispanic Enterprise - February/March 2008

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