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History of the Penn Marketplace
The Penn Marketplace, the University's
private online supplier exchange, was originally launched on January 2, 2002.
The Penn Marketplace was created to streamline the buying needs of nearly 1,800
BEN Buys Purchasing System users across 12 schools
and 20 business units.
Penn's focus was to provide a buying experience that was easy to use and intuitive,
allowing for supplier and manufacturer searches, comparative shopping, views of
product images and related information, and cost comparisons. Authorized BEN Buys
users are able to access the Penn Marketplace from anywhere and find consistent,
up-to-date product and Penn contract pricing information from many of the University's
preferred contract suppliers.
The Penn Marketplace also enables major contract suppliers, small businesses,
and targeted community, minority and women owned suppliers to market their products
and services to the Penn community on a level playing field. It is important to the
University's culture and mission - as well as good economics - to find the most
effective supplier, regardless of size, and to offer opportunities to all suppliers
that can meet the needs of the campus community.
Platform History
| Date |
Event |
| July 22, 2009 |
Overview of New Enhancements to the Penn Marketplace Effective Monday, July 27th |
| July 31, 2008 |
New Features in the Penn Marketplace Effective August 4, 2008 |
| March 13, 2008 |
New Feature in the Penn Marketplace Effective March 17, 2008 |
| November 12th, 2007 |
New Feature in the Penn Marketplace Effective November 12th, 2007 |
| July 24, 2007 |
New Feature in the Penn Marketplace Effective July 30, 2007 |
| March 19, 2007 |
New Feature in the Penn Marketplace Effective March 19, 2007 |
| November 11, 2006 |
New Feature in the Penn Marketplace Effective November 13, 2006 |
| July 27, 2006 |
New Features in the Penn Marketplace Effective July 31, 2006 |
| May 18, 2006 |
New "Active Cart" Look in the Penn Marketplace Effective May 22, 2006 |
| March 16, 2006 |
New Features in the Penn Marketplace Effective March 20, 2006 |
| December 23, 2005 |
Penn Earns the Aberdeen Group's "Best Practices in
eProcurement" Award |
| November 10, 2005 |
New Features in the Penn Marketplace Effective November 14, 2005 |
| July 27, 2005 |
New Features in the Penn Marketplace Effective August 1, 2005 |
| May 12, 2005 |
New Features in the Penn Marketplace Effective May 16, 2005 |
| February 16, 2005 |
New Features in the Penn Marketplace Effective February 21, 2005 |
| January 25, 2005 |
Penn Marketplace Utilization Statistics for 2004 |
| November 11, 2004 |
New Penn Marketplace Functionality Effective November 15, 2004 |
| July 30, 2004 |
New Functionality in the Penn Marketplace Effective August 2, 2004 |
| April 15, 2004 |
Penn Marketplace "Voice of Customer" Session |
| April 1, 2004 |
Penn Marketplace Utilization for First Quarter 2004 |
| February 27, 2004 |
Release of enhanced functionality & new features |
| January 5, 2004 |
Campus wide launch of the enhanced Penn Marketplace hosted by SciQuest Inc. |
| January 2, 2002 |
Campus wide launch of the Penn Marketplace hosted by Global Exchange Services |
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