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Duration 14 hours
Course Outline
Introduction to AI in Procurement
- Defining Generative AI: Core concepts and capabilities
- Overview of key tools: ChatGPT, Claude, Gemini, and Copilot
- Current trends in how procurement teams are integrating AI
Developing Effective Prompts for Procurement Scenarios
- Fundamental principles of prompt clarity and structure
- Identifying common prompt design errors and strategies to mitigate them
- Utilising prompt templates for sourcing, RFQs, and supplier engagement
AI in Procurement Operations
- Applying AI to tender creation, supplier scouting, and market research
- Generating and reviewing contract clauses with AI assistance
- Enhancing spend analysis and supplier performance tracking through AI
Data Protection and Confidentiality in AI Applications
- Understanding data handling practices within AI tools
- Safeguarding sensitive and confidential information securely
- Ensuring the relevance, accuracy, and verifiability of processed data
AI for Decision Support and Risk Evaluation
- Interpreting and validating AI-generated risk scores and reports
- Utilising AI for supplier risk assessment and predictive analytics
- Case studies from categories such as IT, General Requirements/IFM, HR, and Marketing
Ethics and Risk Awareness in AI-Driven Procurement
- Understanding limitations: bias, hallucination, and potential misuse
- Navigating regulatory and ethical considerations in procurement workflows
- Developing internal policies for responsible AI usage
Driving AI Adoption in Procurement Teams
- Positioning AI as an enabler rather than a replacement
- Addressing resistance and building trust in AI outputs
- Implementing internal change management strategies and pilot project concepts
Summary and Next Steps
Requirements
- Prior experience in procurement, sourcing, or contract management
- Basic familiarity with standard procurement processes and industry terminology
- No existing background in AI or data science is necessary
Target Audience
- Category managers (ranging from Managers to Senior Managers and Directors)
- Operational and tactical sourcing specialists
- Procurement and contract management teams
