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 Duration 14 hours

Course Outline

Introduction to AI in Procurement

  • Defining Generative AI: Understanding its core concepts and capabilities.
  • A look at key tools, including ChatGPT, Claude, Gemini, and Copilot.
  • Insights into how procurement teams are currently integrating AI.

Crafting Effective Prompts for Procurement Use Cases

  • Key principles for ensuring prompt clarity and logical structure.
  • Identifying common prompt design pitfalls and strategies to prevent them.
  • Recommended prompt templates for sourcing, RFQs, and supplier interactions.

AI in Procurement Operations

  • Applying AI to tender development, supplier discovery, and market research.
  • Utilizing AI to generate and review specific contract clauses.
  • Leveraging AI for spend analysis and monitoring supplier performance.

Data Protection and Confidentiality in AI Use

  • Understanding how procurement data is handled within AI systems.
  • Best practices for securely managing sensitive and confidential information.
  • Ensuring that AI-processed data remains relevant, accurate, and verifiable.

AI for Decision Support and Risk Evaluation

  • Interpreting and validating AI-generated risk scores and analytical reports.
  • The role of AI in supplier risk assessment and predictive analytics.
  • Case studies from sectors such as IT, GRE/IFM, HR, and Marketing.

Ethics and Risk Awareness in AI-Driven Procurement

  • Recognizing the limits of generative AI, including bias, hallucination, and potential misuse.
  • Navigating regulatory and ethical considerations within procurement workflows.
  • Developing internal policies for the responsible use of AI.

Driving AI Adoption in Procurement Teams

  • Viewing AI as a performance enabler rather than a job replacement.
  • Strategies for overcoming team resistance and building trust in AI outputs.
  • Approaches to internal change management and ideas for pilot projects.

Summary and Next Steps

Requirements

  • Professional experience in procurement, sourcing, or contract administration.
  • A working knowledge of standard procurement procedures and key terminology.
  • No previous background in AI or data science is necessary.

Target Audience

  • Category managers (ranging from Managers to Directors).
  • Operational and tactical sourcing experts.
  • Members of procurement and contract management teams.

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