Get in Touch
 Duration 14 hours

Course Outline

Introduction to AI in Procurement

  • Understanding Generative AI: Key definitions and core capabilities.
  • An overview of leading tools: ChatGPT, Claude, Gemini, and Copilot.
  • Current trends in how procurement teams are integrating AI.

Designing Effective Prompts for Procurement Scenarios

  • Fundamentals of clarity and structural design in prompting.
  • Identifying common design pitfalls and strategies for avoidance.
  • Ready-to-use templates for sourcing, RFQs, and supplier communication.

AI in Procurement Operations

  • Utilizing AI for tender generation, supplier discovery, and market research.
  • AI-assisted creation and review of contractual clauses.
  • Applying AI to spend analysis and monitoring supplier performance.

Data Security and Confidentiality in AI Usage

  • Understanding the data lifecycle within AI platforms.
  • Protocols for securely handling sensitive and confidential information.
  • Maintaining data relevance, precision, and verifiability.

AI for Decision Support and Risk Assessment

  • Validating and interpreting AI-generated risk metrics and reports.
  • Leveraging AI for supplier risk profiling and predictive analytics.
  • Case studies from sectors such as IT, GRE/IFM, HR, and Marketing.

Ethics and Risk Awareness in AI-Driven Procurement

  • Addressing Generative AI limitations: bias, hallucinations, and misuse.
  • Navigating regulatory frameworks and ethical standards in procurement.
  • Developing internal policies for responsible AI utilization.

Fostering AI Adoption in Procurement Teams

  • Positioning AI as an enabling tool rather than a replacement.
  • Building trust in AI outputs and overcoming organizational resistance.
  • Strategies for internal change management and pilot project implementation.

Conclusion and Action Plan

Requirements

  • Practical experience in procurement, sourcing, or contract administration.
  • Working knowledge of standard procurement procedures and industry terminology.
  • No prior background in AI or data science is necessary.

Target Audience

  • Category Managers, Senior Managers, and Directors.
  • Operational and tactical sourcing specialists.
  • Members of procurement and contract management teams.

Number of participants


Price per participant

Upcoming Courses

Related Categories