Thank you for sending your enquiry! One of our team members will contact you shortly.
Thank you for sending your booking! One of our team members will contact you shortly.
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