Penn Purchasing Services
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The Penn Marketplace

Penn Marketplace The Penn Marketplace provides an efficient and user friendly process for faculty and staff to order most commonly required products and specific services from University contract and preferred suppliers. Hosted by SciQuest Incorporated, the Penn Marketplace streamlines the order creation process, promotes utilization of strategic supplier relationships, provides cost savings opportunities, and increases customer satisfaction.

The Penn Marketplace contains catalog content from many of the University's contract suppliers and selected non-contract suppliers. Increased business opportunity resulting from participation in the Penn Marketplace enables our top suppliers to further invest in the Penn business relationship, both financial in lower costs and value added services, as well as the commitment of resources and technology to ensure an efficient and effective purchase-to-pay process for faculty and staff. Over the past year, purchases from Penn Marketplace suppliers represent nearly 75% of all purchase orders issued through the BEN Buys Purchasing System.

The Penn Marketplace delivers significant return-on-investment by enabling Purchasing Services to significantly improve spend management by:

  • Improving usability of the purchasing system
  • Increasing contract compliance
  • Leveraging spend for new savings opportunities
  • Reducing maverick buying

To shop at the Penn Marketplace, authorized users must login to the BEN Buys Purchasing System.

Please feel free to forward any questions, comments or concerns to mktplace@pobox.upenn.edu.

Supplier Recruitment Strategy

Purchasing Services actively recruits contract suppliers and emerging preferred suppliers for inclusion in the Penn Marketplace. Local community based and diversity suppliers are also actively recruited in support of the University's commitment to economic inclusion.

Preferred contract suppliers that offer value added benefits or have made a financial commitment above and beyond Penn discount pricing are classified as "strategic contract suppliers" and their content is prioritized in the marketplace search results. While Penn preferred contract suppliers have formal discount pricing agreements in place with the University, they may also offer special quotes in response to large volume one-time purchase requests or changing market conditions that may produce favorable discounting opportunities. Preferred suppliers are recruited based on their potential for increased purchase activity which may result in potential discount pricing opportunities.

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