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 Duration 14 hours

Course Outline

Introduction to AI in Procurement

  • Defining Generative AI: Key concepts and capabilities
  • A look at leading tools: ChatGPT, Claude, Gemini, and Copilot
  • Current applications of AI within procurement teams

Developing Effective Prompts for Procurement Scenarios

  • Core principles of clarity and structure in prompt design
  • Identifying common prompt design errors and strategies to prevent them
  • Template creation for sourcing, RFQs, and supplier engagement

Applying AI in Procurement Operations

  • Utilising AI for tender preparation, supplier discovery, and market intelligence
  • Drafting and reviewing contract clauses with AI assistance
  • Enhancing spend analysis and supplier performance monitoring with AI

Data Security and Confidentiality in AI Usage

  • Understanding how procurement data is handled within AI platforms
  • Secure management of sensitive and confidential information
  • Ensuring the relevance, accuracy, and verifiability of data

AI for Decision Support and Risk Assessment

  • Interpreting and validating AI-generated risk scores and reports
  • Leveraging AI for supplier risk evaluation and predictive analytics
  • Case studies from categories such as IT, GRE/IFM, HR, and Marketing

Ethics and Risk Management in AI-Driven Procurement

  • Understanding the limits of generative AI: bias, hallucination, and misuse
  • Navigating regulatory and ethical considerations in procurement workflows
  • Establishing internal policies for responsible AI usage

Fostering AI Adoption in Procurement Teams

  • Viewing AI as a complementary enabler rather than a replacement
  • Building trust in AI outputs and overcoming team resistance
  • Strategies for internal change management and pilot project planning

Conclusion and Future Steps

Requirements

  • Background in procurement, sourcing, or contract management
  • Knowledge of standard procurement processes and industry terminology
  • No prior experience in AI or data science is necessary

Target Audience

  • Category managers (including Managers, Senior Managers, and Directors)
  • Operational and tactical sourcing specialists
  • Procurement and contract management teams

Number of participants


Price per participant

Provisional Upcoming Courses (Require 5+ participants)

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