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 Duration 14 hours

Course Outline

Introduction to AI in Procurement

  • Defining Generative AI and exploring its capabilities
  • Survey of key tools: ChatGPT, Claude, Gemini, and Copilot
  • Current trends in AI adoption by procurement teams

Developing Effective Prompts for Procurement Scenarios

  • Core principles of prompt clarity and structural design
  • Identifying and preventing common prompt design errors
  • Templates for sourcing, RFQs, and supplier communication

Integrating AI into Procurement Operations

  • Utilizing AI for tender creation, supplier discovery, and market research
  • Assisting in the generation and review of contract clauses
  • Applying AI to spend analysis and supplier performance monitoring

Data Security and Confidentiality in AI Usage

  • Understanding how procurement data is handled by AI tools
  • Strategies for securing sensitive and confidential information
  • Ensuring the relevance, accuracy, and verifiability of data

AI for Decision Support and Risk Assessment

  • Interpreting and validating AI-generated risk metrics and reports
  • Employing AI for supplier risk analysis and predictive insights
  • Case studies from sectors such as IT, GRE/IFM, HR, and Marketing

Ethics and Risk Awareness in AI-Driven Procurement

  • Understanding the limitations of generative AI, including bias and hallucination
  • Navigating regulatory and ethical standards in procurement workflows
  • Developing internal policies for responsible AI usage

Fostering AI Adoption within Procurement Teams

  • Positioning AI as a supportive tool rather than a substitute
  • Addressing resistance and building confidence in AI outcomes
  • Internal change management strategies and pilot project concepts

Recap and Future Actions

Requirements

  • Professional experience in procurement, sourcing, or contract management
  • Knowledge of standard procurement procedures and industry terminology
  • No previous background in AI or data science is necessary

Target Audience

  • Category managers (including Managers, Senior Managers, and Directors)
  • Operational and tactical sourcing specialists
  • Procurement and contract management teams

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