AI Strategy for Procurement

AI Header image with a computer chip icon.

Is it right for me?

Artificial Intelligence is driving fundamental changes in how society, companies, and procurement functions operate. This half day training course (2hr tutor session) will provide procurement leaders with an understanding of AI, a strategic overview of different types of AI, the importance of data, and key considerations for successfully implementing an AI strategy.

 

What will I learn?

This course will provide you with a basic understanding of AI. You will learn the building blocks for developing a successful AI strategy, including people, processes, and systems. You will explore insights into the different types of AI that exist and how they can benefit organizations. You will also learn how to manage the security, creation, governance, and management of data.

As part of this course, you will have access to pre- and post-work activities online to help you prepare for and reflect on your training. You will not only learn about your leadership and how to develop it and your impact, but you will also be able to put it into practice in your current role

 

What are the learning objectives?

  • Describe the fundamental concepts of artificial intelligence (AI), explain the key components that contribute to the perception of intelligence in AI systems and how a Large Language Model (like Chat GPT) can automate tasks
  • Determine where artificial intelligence (AI) can be effectively applied within the procurement lifecycle
  • Analyse the key challenges and considerations in developing and implementing an effective AI strategy.
 

Book a course for your team

To book an individual place on a course, click here.

Or if you're interested in learning more about how we can help enhance your teams' capability, fill out your details below and we'll be in touch to let you know how CIPS Procurement Skills Training can help your team.

 

Agenda

Online pre-work should be completed before the start of each training session. The virtual room will open 15 minutes before your session.

Introductions and aspirations followed by a discussion on pre-work activities

Session 1

  • Introduction to AI

Session 2

  • Generative AI and the Procurement Cycle

Session 3

  • An AI strategy for Procurement

Course assessment and feedback