Generative AI for Procurement Professionals
https://WebToolTip.com
Published 8/2025
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 5h 0m | Size: 1.02 GB
Prompts to Automate Every Procurement Step and Boost Productivity
What you'll learn
Explain the fundamentals of Generative AI and how it differs from traditional AI, including key models, terminology, and procurement-relevant tools.
Explore use cases of Generative AI across procurement, from spend analysis to sourcing, contracting, negotiation, and supplier management.
Write effective, structured prompts using the CIFT framework (Context, Instruction, Format, Tone) to maximize AI output quality for procurement tasks.
Use a Prompt Library covering the Source-to-Pay process, including strategic sourcing, P2P, contracts, and supplier risk management.
Automate key procurement activities, including supplier market research, bid evaluation, and contract clause analysis using AI tools.
Generate negotiation scripts and simulate supplier responses with AI to strengthen preparation and decision-making during supplier interactions.
Use Generative AI to analyze procurement datasets, visualize spend trends, and generate stakeholder-ready reports and dashboards.
Proactively identify supplier and ESG risks with AI-based monitoring, scoring, and escalation triggers.
Apply responsible AI practices by understanding risks like hallucinations, data leakage, and ethical misuse, and implementing mitigation guidelines.
Test multiple Gen AI tools in real case studies, including ChatGPT, Claude, Gemini, Copilot, and Deepseek, to compare outputs and practical value.
Requirements
Basic understanding of procurement concepts (e.g., sourcing, contracts, category management, ) is recommended.
No prior experience with AI or prompting is required — this course is beginner-friendly for procurement professionals.
Access to a laptop or desktop with a stable internet connection is required for hands-on practice.
Free or trial accounts on tools like ChatGPT, Claude, Gemini, Copilot, or Deepseek are recommended.
An interest in AI, digital transformation, or automation within procurement or supply chain will enhance your learning experience.
Most importantly, bring a curious mindset and be ready to explore real-world procurement use cases powered by AI.