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Course Outline
Introduction to AI in Procurement
- Defining Generative AI: Core concepts and capabilities.
- An overview of leading tools: ChatGPT, Claude, Gemini, and Copilot.
- Current trends in how procurement teams are adopting AI.
Creating Effective Prompts for Procurement Scenarios
- Fundamental principles of prompt clarity and structure.
- Identifying common prompt design errors and strategies to avoid them.
- Developing prompt templates for sourcing, RFQs, and supplier communication.
AI in Procurement Operations
- Utilising AI for tender preparation, supplier identification, and market research.
- Assisting in the generation and review of contract clauses using AI.
- Applying AI to spend analysis and monitoring supplier performance.
Data Protection and Confidentiality in AI Usage
- Understanding how procurement data is handled within AI platforms.
- Best practices for securely managing sensitive and confidential information.
- Strategies to ensure data relevance, accuracy, and verifiability.
AI for Decision Support and Risk Assessment
- Interpreting and validating AI-generated risk scores and reports.
- The role of AI in supplier risk evaluation and predictive analytics.
- Case studies from categories such as IT, GRE/IFM, HR, and Marketing.
Ethics and Risk Awareness in AI-Driven Procurement
- Understanding the limitations of generative AI, including bias, hallucination, and potential misuse.
- Navigating regulatory and ethical considerations within procurement workflows.
- Developing internal policies for responsible AI usage.
Driving AI Adoption in Procurement Teams
- Positioning AI as an enabler rather than a replacement for human expertise.
- Strategies to overcome resistance and build trust in AI outputs.
- Internal change management tactics and ideas for pilot projects.
Summary and Next Steps
Requirements
- Professional experience in procurement, sourcing, or contract management.
- Working knowledge of standard procurement procedures and terminology.
- No prior experience with AI or data science is necessary.
Target Audience
- Category managers (including Managers, Senior Managers, and Directors).
- Operational and tactical sourcing specialists.
- Teams focused on procurement and contract management.
14 Hours
