AI for Procurement & Supply Chain Management
Core Business Skills for managers, executives and professionals
Duration
5 Days
Format
Classroom &Online
Fee From
$2,950
Scheduled Dates
No sessions of this type are scheduled.
Introduction
- How AI and generative AI apply to procurement and supply chain
- AI for spend analysis, sourcing and contract management
- Supplier risk monitoring and performance management
- Al-driven demand forecasting, inventory and logistics optimisation
- governance and responsible AI adoption
Objectives
- Explain key AI and generative AI concepts in procurement and supply chain terms
- Use AI for spend analysis, category strategy and sourcing decisions
- Apply generative AI to RFPs, contract review and supplier communications
- Monitor supplier risk and performance with Al-powered insight
- Improve demand forecasting and inventory planning with predictive analytics
- Use AI to optimise logistics and strengthen supply chain resilience
- •Build a practical AI adoption roadmap for their function
Training Methodology
Organisational Impact
- Lower costs through better spend visibility and sourcing decisions
- Earlier warning of supplier and supply chain disruption
- More accurate forecasts and optimised inventory levels
- Faster procurement cycles with less manual work
- Improved compliance, transparency and ESG reporting across suppliers
- A procurement and supply chain function ready to adopt AI at scale
Personal Impact
- Gain practical AI skills you can use in your role immediately
- Save time on RFPs, contract review and reporting
- Write effective prompts for procurement and supply chain tasks
- Make more confident, data-driven sourcing and planning decisions
- Strengthen your profile as a digitally skilled procurement or supply chain professional
- Leave with an AI use case portfolio and adoption plan
Who Should Attend?
- CPOs, procurement directors and heads of supply chain
- Procurement, purchasing and category managers
- Strategic sourcing and contract management professionals
- Supply chain, demand and inventory planners
- Logistics, warehousing and operations managers
- Supplier relationship and vendor management professionals
- Supply chain analysts and digital transformation leads
- Professionals with no technical background who want to use AI in procurement
Course Outline
- HowAI, machine learning and generative AI work, explained in business terms
- WhereAI adds value across source-to-pay and plan-to-deliver
- AItools available today: Copilot, ChatGPT, ERP and procurement platform features
- Promptingtechniques for procurement and supply chain tasks
- Dataquality and master data for AI
- Livedemonstrations and guided practice
- Al-poweredspend analysis and spend classification
- Categorystrategy and market intelligence with AI
- DraftingRFIs, RFPs and evaluation criteria with generative AI
- Al-assistedcontract review and risk clause detection
- Negotiationpreparation and should-cost analysis
- Hands-onexercise: running an Al-supported sourcing event
- Supplierdiscovery and qualification with AI
- Continuoussupplier risk monitoring: financial, geopolitical and ESG
- Supplierperformance scorecards and predictive insight
- Fraud,compliance and duplicate invoice detection
- Suppliercollaboration and communication with AI
- Al-driven demand forecasting and demand sensing
- Inventory optimisation and safety stock planning
- Production and supply planning with AI
- Route optimisation, transport and warehouse automation
- Supply chain digital twins and scenario planning
- Hands-on exercise: building a demand forecast from sample data
- Using AI to build supply chain resilience and visibility
- Sustainability and ESG reporting across the supply base
- Risks of AI: data quality, bias, security and over-reliance
- Selecting and evaluating AI vendors and platforms
- Building the business case and managing change
- Presenting your AI adoption roadmap
Certificates
CLASSROOM
Delegates who complete the classroom course receive the Thinkcloudly Certificate of Completion, with one Continuing Professional Education (CPE) credit for every 50 minutes of attendance.
ONLINE
Delegates who complete the live online course receive the Thinkcloudly Certificate of Completion, with one Guided Learning Hour awarded for every 60 minutes of attendance.
Providers and Associations
Original price was: $6,499.00.$5,950.00Current price is: $5,950.00.
Our Learners Work At
Frequently Asked Questions
What will I learn on this course?
How to apply AI and generative AI to sourcing, contracts, supplier management, demand planning, inventory and logistics, and how to adopt AI responsibly.
Do I need technical skills?
No. The course is designed for procurement and supply chain professionals. All exercises use familiar tools and no programming is required.
Which AI tools will we use?
Exercises use widely available tools such as Microsoft Copilot and ChatGPT, along with Al features found in common ERP and procurement platforms.
Will we work with real data?
Exercises use realistic sample procurement and supply chain data. We show how to apply the same methods safely to your own organisation's data.
Does the course cover supplier and supply chain risk?
Yes. Day 3 focuses on supplier risk and performance, and Day 5 covers resilience, visibility and ESG across the supply base.
What will I take back to my organisation?
A portfolio of AI use cases, reusable prompts and an AI adoption roadmap for your procurement or supply chain team.
Will I receive a certificate?
Yes. All delegates who complete the course receive the Thinkcloudly Certificate of Completion, with CPE credits for classroom attendance or Guided Learning Hours for online attendance.
Can this course be delivered in-house?
Yes. We can tailor the content and case studies to your industry and deliver it at your premises, a venue of your choice or online. Contact [email protected] to discuss your requirements.
