How can AI-driven tools like ChatGPT improve procurement planning in public administration, particularly in educational institutions?

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Vincent Leyaro

in many ways and will bring tremendous efficiency in this subsector

Manjiri Dhawade

AI-driven tools like ChatGPT can enhance procurement planning in educational institutions in following ways:

Data-Driven Decisions – Analyzing trends for accurate demand forecasting.

Budget Optimization – Suggesting cost-effective procurement strategies.

Supplier Management – Evaluating vendor performance and minimizing risks.

Automated Document Processing – Streamlining tenders, contracts, and compliance reports.

Regulatory Compliance – Ensuring transparency and adherence to procurement laws.

Sustainability – Recommending eco-friendly and local sourcing options.

Inventory & Maintenance – Preventing shortages and optimizing asset management.

Collaboration – Facilitating seamless communication between stakeholders.

Filipe Inácio Procópio Araújo Viana

improving efficiency, compliance, and strategic decision-making, could be used for Data Analysis and Forecasting, Automation of Routine Tasks, Risk Management, Strategic Alignment with Institutional Goals. integrating tools like ChatGPT into procurement planning, educational institutions can improve transparency, efficiency, and strategic impact, aligning public resource use with institutional missions and societal needs.