AI in Procurement & Supply Chain
Overview
AI is changing how organisations buy and move goods: from spend analysis and supplier selection to demand forecasting and inventory optimisation. This course explores practical AI applications across procurement and the supply chain and how to introduce them step by step.
Who should attend
Procurement managers and officers, supply chain and logistics professionals, inventory planners, and category managers.
Training methodology
Interactive presentations, live demonstrations of AI tools, hands-on exercises using participants' own work examples, case studies, group discussion, and a personal action plan.
Objectives
By the end of this course, participants will be able to:
- Apply AI to spend analysis and category management
- Use AI in supplier evaluation and risk monitoring
- Improve demand forecasting and inventory decisions
- Support sourcing and negotiation with AI
- Plan AI adoption in procurement and supply chain
Course outline
Day 1AI in Procurement and Supply Chain
- Use case landscape
- Data foundations
- Maturity assessment
- Examples
- Procurement policy and AI
- Quick wins
Day 2Spend and Supplier Intelligence
- Automated spend classification
- Supplier discovery and evaluation
- Risk monitoring
- Exercise
- Price benchmarking
- Contract compliance
Day 3Sourcing and Negotiation
- Drafting tenders with AI
- Bid analysis
- Negotiation preparation
- Case study
- Supplier communication
- Fairness and transparency
Day 4Demand and Inventory
- Demand forecasting
- Inventory optimisation
- Logistics and route planning
- Forecasting lab
- Warehouse operations
- Disruption alerts
Day 5Implementation
- Building the business case
- Change and skills
- Governance and controls
- Roadmap
- Data ownership
- KPIs and reporting
