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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.