Economic Inclusion
Economic Inclusion

In alignment with the Penn Compact 2020, Purchasing Services strives to bring inclusiveness to Penn's supply chain.  Purchasing Services' Economic Inclusion efforts focus on two categories of suppliers:

  • Local Suppliers - those suppliers with locations in West Philadelphia as well as those within the broader City of Philadelphia
  • Diversity Suppliers - those suppliers that are minority-owned, woman-owned, or hold other diversity classifications (e.g. Protected Veteran, LGBTQ)

Its approach to economic inclusion is centered around certain key elements:

  • Community Engagement – participating regularly in events and forums to ensure close connection with the community and the supply base
  • Partnerships – collaborating with internal and external partners to mutually advance inclusion efforts
  • Active Supplier Promotion – managing systems and programs to actively promote local and diversity suppliers
  • Goal-setting, Measuring and Reporting – setting economic inclusion goals, measuring performance, and reporting performance to leadership and the community

Economic Inclusion Plenary Committee

Vital to its connection to the community is Purchasing Services' participation on the University’s Economic Inclusion Plenary Committee.  The Plenary Committee - made up of Penn leaders as well as community partners - provides strategic oversight and direction regarding Penn's economic inclusion objectives. A subset to the Plenary Committee is the Procurement Working Committee for Economic Inclusion.  The Working Committee brings together Purchasing Services and its sourcing professionals with community partners including the African American Chamber of Commerce, Asian American Chamber of Commerce, Enterprise Center, Greater Philadelphia Hispanic Chamber of Commerce, Netter Center for Community Partnerships, University City District,  Wharton Small Business Development Center, and Wharton Social Impact Initiative. Through the Committee’s continued engagement, members collectively work to drive economic impact in neighboring areas around campus, the City and the region while valuing diversity in the University’s supply chain.

 

Penn Supplier Diversity Forum & Expo

This event was held on Thursday, May 18, 2017 and brought together local and diverse suppliers, Penn buyers, local agencies and organizations to celebrate supplier diversity; showcase the resources available to local, diversity, and small businesses; and provided an excellent opportunity for business networking.

CLICK HERE to view the event video