Course overview
Procurement teams hold large volumes of supplier, spend, contract, market and transaction data, yet much of it remains scattered across systems or reviewed manually. Artificial intelligence can improve demand signals, supplier discovery, contract review, risk monitoring, sourcing decisions and purchase-to-pay controls. It can also introduce material risks: biased supplier screening, unsupported recommendations, confidential-data exposure, weak audit trails and poorly governed automation.
This course equips procurement professionals to identify suitable AI use cases, prepare procurement data, assess AI suppliers, design controlled workflows and measure business value. Participants work with supervised learning, natural language processing, generative AI, retrieval-augmented generation, anomaly detection and optimisation concepts at a practical procurement level. They apply the Kraljic Portfolio Matrix, should-cost analysis, total cost of ownership, supplier risk scoring, SCOR metrics and AI governance controls to sourcing and supply management decisions.
Teaching combines focused briefings, procurement cases, group analysis, simulations and structured application planning. Cases cover indirect-spend classification, supplier onboarding, contract clause review, invoice anomaly detection, commodity-risk monitoring and supplier performance management. Participants progressively build an AI-enabled procurement use-case portfolio, data-readiness assessment, control model and implementation roadmap. They leave with a completed business case and operating design for a priority procurement AI application.
The course suits procurement, supply chain, finance, technology, risk and transformation professionals who already understand core purchasing and supplier-management processes. It is particularly relevant for teams deciding where AI should assist professional judgement, where automation is appropriate, and how to procure AI solutions without creating unmanaged operational or regulatory exposure.