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Duration 14 hours
Course Outline
Introduction to AI in Procurement
- Understanding Generative AI: Key definitions and capabilities
- Snapshot of key tools: ChatGPT, Claude, Gemini, Copilot
- Current applications of AI within procurement teams
Creating Effective Prompts for Procurement Scenarios
- Core principles of prompt clarity and logical structure
- Common pitfalls in prompt design and strategies to prevent them
- Prompt templates for sourcing, RFQs, and supplier interactions
AI in Procurement Operations
- Leveraging AI for tender preparation, supplier discovery, and market research
- Drafting and reviewing contract clauses using AI assistance
- Applying AI for spend analysis and monitoring supplier performance
Data Protection and Confidentiality in AI Applications
- Understanding how procurement data is processed within AI tools
- Securing sensitive and confidential information effectively
- Guaranteeing data relevance, accuracy, and verifiability
AI for Decision Support and Risk Assessment
- Interpreting and validating AI-generated risk metrics and reports
- Utilizing AI for supplier risk evaluation and predictive analysis
- Case studies from sectors such as IT, GRE/IFM, HR, and Marketing
Ethics and Risk Awareness in AI-Driven Procurement
- Navigating the limitations of generative AI: bias, hallucination, and misuse
- Regulatory and ethical factors in procurement workflows
- Establishing internal policies for responsible AI usage
Promoting AI Adoption in Procurement Teams
- Positioning AI as an enabler rather than a substitute
- Addressing resistance and fostering trust in AI-generated outputs
- Internal change management approaches and pilot project concepts
Summary and Future Steps
Requirements
- Prior experience in procurement, sourcing, or contract administration
- Proficiency with standard procurement procedures and industry terminology
- No existing background in AI or data science is necessary
Target Audience
- Category managers (ranging from Managers to Directors)
- Operational and tactical sourcing specialists
- Teams involved in procurement and contract management