Course Information
- 20 Feb 2025 (Thu) 2:00 PM - 5:00 PM
Course Overview
Programme Highlights
This course provides a comprehensive exploration of how Artificial Intelligence (AI) is transforming procurement processes, making them more efficient, predictive, and strategic. Participants will learn how AI tools are used to optimize sourcing, supplier management, spend analysis, and risk mitigation. The curriculum will cover practical use cases, such as AI-driven supplier selection, contract management automation, demand forecasting, and spend visibility enhancement. By the end of the course, learners will be equipped to identify AI opportunities and navigate challenges associated with AI integration in procurement functions.
What You’ll Learn
Course Objectives
Upon completion of this course, participants will can expect the following benefits:
- Enhanced awareness of GenAI trend globally
- Understanding of the potential of Artificial Intelligence in corporate procurement, and the importance of partnering with AI in daily work
- Understanding of the real-life applications and use cases of Artificial Intelligence in corporate procurement e.g. supplier selection, category management, spend analytics, supplier risk management, RFx creation
- Understanding of the implementation roadmap and risks when incorporating AI into operations
Topics Covered
- Overview of artificial intelligence
- Pain point analysis of the procurement process
- Current state of AI applications in procurement
- Prospects of AI in procurement
- AI scenarios and implementation paths
- Interactive discussions