Procurement in the age of AI

Driving Business Value Beyond Cost Savings

What you'll learn
- Evaluate and Select AI-Powered Procurement Tools to Solve Specific Business Challenges
- Design an AI-Augmented Strategy for a Key Procurement Process, such as Sourcing or Supplier Management
- Build a Business Case and Calculate the ROI for Implementing an AI Procurement Initiative
- Develop a Phased Implementation and Change Management Plan to Lead the Adoption of AI within a Procurement Function

Requirements
- Foundational Understanding of Procurement: You should be familiar with core procurement or supply chain processes, such as sourcing, contract management, and the Procure-to-Pay (P2P) cycle.
- Basic Business and Data Literacy: A comfort with understanding business concepts like cost savings, ROI, and Key Performance Indicators (KPIs) is assumed.
- An Open Mind and Willingness to Learn: This course is designed for professionals looking to modernize their skillset and stay relevant. A mindset open to change, technology, and new ways of working is the most important prerequisite.
- (Optional but Helpful) Access to a Spreadsheet Application: For the hands-on exercises in Module 3 (Spend Analysis) and Module 6 (ROI Calculation), having access to Microsoft Excel or Google Sheets will allow you to follow along and complete the practical assignments.

Description
Are you in procurement, sourcing, or supply chain and feel the pressure to do more with less? The old ways of working—manual RFPs, endless spreadsheets, and reactive risk management—are no longer enough. Artificial Intelligence is fundamentally transforming procurement from a tactical function into a powerhouse of strategic value.

This course is your definitive guide to not just understanding AI, butmastering its practical applicationin the procurement lifecycle. We cut through the hype and give you the actionable knowledge and tools you need to future-proof your career and deliver measurable results.

Disclosure:This course contains the use of artificial intelligence especially for generating visuals/images.

In this course, you will learn how to:

Automate the Mundane:Use AI to automate supplier onboarding, invoice processing, and contract management, freeing up 20-30% of your time for strategic work.

Predict & Mitigate Risk:Harness predictive analytics to foresee supply chain disruptions, price volatility, and supplier financial instabilitybeforethey impact your business.

Unlock Hidden Savings:Deploy AI-powered spend analysis to uncover hidden patterns, identify tail spend, and negotiate contracts with data-driven confidence.

Source Smarter:Leverage generative AI to draft RFPs, analyze supplier proposals, and identify optimal partners based on thousands of data points—not just a gut feeling.

Become a Strategic Advisor:Translate AI-driven insights into compelling business cases that secure buy-in from leadership and elevate your role within the company.

Who is this course for?

Procurement Managers, Specialists, and Directors

Strategic Sourcing and Supply Chain Professionals

Operations Managers involved in purchasing

Finance professionals overseeing vendor costs

Anyone looking to transition into a modern, tech-driven procurement role

No prior AI or data science experience is required!We start with the fundamentals and build up to real-world applications.

Stop being reactive and start being predictive.Enroll today and transform your procurement function with the power of AI!

Who this course is for:
- Procurement Professionals (Managers, Specialists, Directors, CPOs)
- Supply Chain Professionals
- University students studying supply chain or business
- Sourcing and Category Managers
- Finance professionals involved in vendor management
- Anyone looking to transition into a tech-enabled procurement role
More Info