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Procurement
Procurement refers to the process of acquiring goods, services, and systems needed by an organization, including the evaluation, selection, and contracting of AI vendors and solutions. In AI governance, procurement is critical because it establishes the foundation for responsible AI deployment by enabling organizations to vet vendors for compliance capabilities, security standards, and ethical practices before integrating their tools into enterprise systems. Effective AI procurement policies help organizations avoid legal risks, ensure data protection, and maintain alignment with regulatory requirements from the point of initial vendor selection.
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