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Sourcing & Procurement Solutions

Supplier Diversity Exchange

Allstate Insurance Company hosted its eighth annual Supplier Diversity Exchange on October 2, 2015. The theme of the event was: Network to Grow.

Fifty-four diverse companies attended and pitched their businesses to a panel of Allstate decision-makers and prime suppliers. In addition, five workshops were presented on topics that provided insight on how to do business with large companies like Allstate and best practices they can leverage to help operationalize their business.

Launched in 2008, the Allstate Supplier Diversity Exchange was created to provide an opportunity for businesses owned by minorities, women, veterans, and members of the lesbian, gay, bisexual or transgender community to build relationships with Allstate and Allstate's prime suppliers. It offers a forum for guidance as well as insight into the procurement world of large organizations. While attendance at this event does not guarantee business, since its inception, 130 participants have had the opportunity to compete for Allstate's business, and 80 have successfully won contracts.

The details of the 2016 Allstate Supplier Diversity Exchange are not yet determined. Please check the web site again in early 2016 for the dates and application details.

As an extension of the Exchange, Allstate also hosts quarterly webinars. These are designed to help suppliers increase their knowledge of how to do business with large corporations, specifically Allstate. Click here to see the 2015 webinars. The 2016 schedule will be available in early December.

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