Daeryun, MOU with Korea Purchasing and Procurement Society… “Combining legal expertise and AI technology capabilities”

Forming a regular working council for AI-based procurement innovation... Building a long-term cooperation model
“We will increase the global competitiveness of domestic companies by combining legal expertise and AI technology capabilities.”

Daeryun Law Firm announced on the 14th that it has signed a business agreement (MOU) with the Korean Society of Purchasing and Procurement and will begin establishing a professional cooperation system to innovate the domestic procurement system and enter the global market.

The signing ceremony held at the Daeryun Seoul headquarters on the 12th was attended by Daeryun CEO Kim Kuk-il, CEO Choi Yi-sun, lawyer Shin Jong-soo, Korea Purchasing and Procurement Society President Hyeong-nam Moon, Academic Affairs Committee Chairman Chung-hyung Lee, and Planning Committee Chairman Bong-hyuk Choi.

The Korea Purchasing and Procurement Society, established in 2003, is the only academic organization specializing in procurement and purchasing in Korea. It is leading the way in improving the transparency and efficiency of procurement administration through academic research and policy proposals in the fields of public procurement, purchasing policy, and contract system. In particular, they are active in AI and big data-based procurement data analysis, research on international procurement systems, establishment of overseas procurement networks, and support for domestic companies' participation in overseas public bidding.

Through this MOU, Daeryun plans to form a regular working-level consultative body and establish a long-term cooperation model, including AI-based procurement innovation, international procurement system research, and expansion of global partnerships.

Specifically, we plan to cooperate in various fields, including ▲ research on laws and policies related to public procurement and purchasing systems ▲ joint development of AI-based procurement data analysis and contract risk prediction systems ▲ holding policy forums, seminars, and academic conferences.

“Innovation in public procurement begins with the combination of technology and policy. In particular, by utilizing cutting-edge technologies such as AI, we can implement a data-based, transparent and efficient procurement system,” said Moon Hyeong-nam, president of the Korean Society of Purchasing and Procurement (Dean of the Global Convergence College at Sookmyung Women’s University). “This agreement will be an important turning point in improving the competitiveness of our companies on the global procurement stage.”

Daeryun CEO Kim Gook-il said, "By combining Daeryun's legal expertise in the procurement and purchasing field with AI technology, we will help domestic companies demonstrate competitiveness in the global market together with the academic society. We will lead to actual strengthening of competitiveness through data-based preliminary inspection and risk management."

Meanwhile, Daeryun provides customized advice in specialized fields such as public procurement, international contracts, and intellectual property rights, and provides integrated legal solutions to strengthen the competitiveness of domestic and foreign companies.

Reporter Kim Nam-ha (skagk1234@dailian.co.kr)

[View full article]
Dailyan - Daeryun, MOU with Korea Purchasing and Procurement Society... “Combining legal expertise and AI technology capabilities” (Shortcut)
NSP News - Korea Society of Purchasing and Procurement signs MOU with Daeryun Law Firm (Shortcut)