Business Strategies

At Penn, the cost of construction, equipment, supplies and services required in support of the institution's education and research mission can represent as much as 23 percent of the University's annual operating budget. Our business strategies deliver supplier intelligence through data management and spend analytics to leverage all aspects of supplier data and purchasing history, thereby optimizing strategic sourcing and achieving significant cost savings.

• Strategic Sourcing
  Innovative initiatives to leverage the institution's buying power and maximize the value of strategic supplier business relationships.
• Spend Analysis
  Strategic review of School and Center specific spend data across all buy/pay methods.
• Contract Management
  Development of university-wide best-in-class contract pricing agreements that provide the University community with "least total cost."
• Project Management
  Commodity, construction, and technology specific projects facilitated by Purchasing Services.
• Compliance
  Promoting faculty and staff compliance with approved buying methods and preferred suppliers in accordance with University financial policies.