PALO ALTO, Calif., Sept. 11, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Quartzy, the industry-leading marketplace for laboratory supplies, announced today that it will be deployed campus-wide at Stanford University. Quartzy offers a unique suite of online tools for lab management and lets labs source supplies from multiple vendors at competitive market-driven prices. These tools are completely free to the labs; Quartzy earns revenue by charging suppliers a referral fee for products sold on the Quartzy marketplace.
Stanford spends close to $100 million a year on laboratory supplies. Quartzy has been adopted organically by many labs on campus as an effective means of complying with federal regulations related to purchasing lab supplies at competitive prices.
Integrating Quartzy with Stanford's procurement platform and deploying it campus-wide will help the university facilitate the research efforts by allowing researchers to spend more of their time doing research not administrative tasks.
"We are extremely pleased to partner with Stanford," said Jayant Kulkarni, the CEO of Quartzy. "Stanford University is a cradle of innovation in the life sciences. We look forward to helping the school's scientists and lab managers be even more efficient and scientifically productive via the Quartzy platform."
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