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Course Outline
Introduction to AI in Procurement
- Defining Generative AI and exploring its core capabilities.
- A survey of key tools: ChatGPT, Claude, Gemini, and Copilot.
- Current trends: How procurement teams are integrating AI today.
Developing Effective Prompts for Procurement Scenarios
- Core principles of clarity and structure in prompt design.
- Identifying common prompt design pitfalls and strategies to avoid them.
- Ready-to-use prompt templates for sourcing, RFQs, and supplier communication.
AI in Procurement Operations
- Utilizing AI for tender generation, supplier discovery, and market research.
- Drafting and reviewing contract clauses with AI assistance.
- 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.
- Securely managing sensitive and confidential information.
- Ensuring the relevance, accuracy, and verifiability of data inputs and outputs.
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.
- Real-world examples from categories such as IT, GRE/IFM, HR, and Marketing.
Ethics and Risk Awareness in AI-Driven Procurement
- Understanding the limitations of generative AI: bias, hallucination, and potential misuse.
- Navigating regulatory and ethical frameworks within procurement workflows.
- Establishing internal policies for responsible AI usage.
Fostering AI Adoption in Procurement Teams
- Viewing AI as a strategic enabler rather than a replacement for human expertise.
- Addressing resistance and building trust in AI-generated outputs.
- Strategies for internal change management and concepts for pilot projects.
Summary and Future Directions
Requirements
- Prior experience in procurement, sourcing, or contract management.
- A working knowledge of standard procurement procedures and terminology.
- No existing background in AI or data science is necessary.
Target Audience
- Category leaders (Managers, Senior Managers, Directors)
- Sourcing professionals focused on operational and tactical execution.
- Teams dedicated to procurement and contract management.
14 Hours