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AI Procurement Strategy

Podcast cover art for The Global Privacy Deep Dive featuring a digital globe and padlock symbol representing global data security.
Formiti Data International | The Global Privacy Deep Dive
The Global AI Procurement Playbook: Governance, Security, and Risk Management
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Welcome to the Formiti Privacy Deep Dive with Annie and Rob. AI Governance vs Data Privacy AI Procurement Strategy

In this episode, we address a critical blind spot in modern business: The hidden risks of AI Procurement.

The rules of engagement have changed. Traditional software procurement is binary—a tool either works, or it doesn’t. AI procurement is probabilistic.

You aren’t just buying code; you are buying statistical outcomes. How do you draft a contract for a tool that works 95% of the time, hallucinates 4% of the time, and exhibits bias the remaining 1%?

We hand you the playbook to manage this new uncertainty:

  • The Framework: Moving from “Box-Ticking” to “Model Governance.”

  • The Supply Chain: Identifying hidden risks in third-party data and pre-trained models.

  • The Global Standard: Ensuring your vendors align with the EU AI Act, US Executive Orders, and emerging APAC frameworks.

This is a structured guide to navigating the legal, security, and operational minefield of the AI supply chain.

Don’t sign your next vendor contract until you listen to this episode.