Penn Procurement Services
Company

Penn Procurement Services

Higher Education 3401 Walnut Street 10.00K employees
Employees
10.00K

Penn Procurement Services Overview

Headquarters
3401 Walnut Street
Website
www.upenn.edu
Industry
Higher Education
Employees
10.00K
Founded
1740
NAICS
Colleges, Universities, and Professional Schools

About Penn Procurement Services

Procurement Services, a department within Penn's Division of Finance, is responsible for overseeing approximately $1 billion of University spend. In alignment with the Penn's strategic framework, Procurement Services offers the following core functions: - Developing, implementing, and managing innovative procurement solutions to bring optimal efficiency and value to the full source-to-pay process; Sourcing and negotiating favorable procurement outcomes by leveraging the scale of Penn’s spending to achieve best-value results; - Negotiating and executing contracts that support the business of the University while sufficiently mitigating risk; - Managing supplier relationships to ensure that University buyers’ (faculty, staff, and students) needs are met; and, - Delivering positive impact in the areas of economic inclusion, environmental sustainability, and responsible supply chain management

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