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Governance in the Age of AI: Procurement Governance and Compliance
As companies increasingly integrate General AI (GenAI) technologies into procurement processes, they face unprecedented procurement governance and compliance challenges. Despite the burgeoning adoption rates of GenAI in procurement, specific policies governing procurement governance and compliance for GenAI remain nascent. According to McKinsey’s 2023 Survey, one-third of surveyed organizations have incorporated GenAI regularly in at least […]
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