Artificial Intelligence (AI) in Procurement and
Supply Chain Management

INTRODUCTION

 Artificial Intelligence (AI) is transforming procurement and supply chain management into a strategic force driving value, innovation, and operational efficiency. This AI in Procurement and Supply Chain training course offers a practical, business-oriented approach to integrating AI-driven processes without delving into the complex technicalities of AI itself.

 This training course will help participants discover how to leverage AI in key areas such as supplier management, contract optimization, risk reduction, and procurement initiatives, ensuring that procurement and supply chains can adapt to evolving demands. The training course emphasizes strategic thinking, ethical AI adoption, and the use of AI tools to improve decision-making, resilience, and performance.

 This GLOMACS AI in Procurement and Supply Chain Management training course will highlight:

• Utilize AI-driven insights to make data-informed procurement and supply chain decisions that enhance efficiency and reduce costs.
• Learn how AI tools can foster stronger, more productive relationships with suppliers
• Driving value and innovation
• Leverage AI's predictive capabilities to identify procurement risks early and develop proactive risk management strategies.
• Future-Proofing Procurement: Stay ahead of emerging AI trends and innovations that will shape the future of procurement and supply chain management.

Objectives

At the end of this AI in Procurement and Supply Chain Management training course, you will learn to:

• Understand how AI can be strategically applied in procurement and supply chain functions.
• Apply AI-driven insights to enhance decision-making, supplier management, and operational efficiency.
• Explain the benefits and applications of AI to colleagues and key stakeholders.
• Analyse the impact of AI on procurement processes, from risk mitigation to contract management.
• Develop strategies to integrate AI into sustainability initiatives and future-proof procurement practices as technology evolves.

Training Methodology

The training course employs a combination of case studies, interactive discussions and role-playing exercises. Led by experienced procurement and supply chain leaders, it draws on global best practices for using AI to generate measurable business outcomes. Participants will have hands-on exposure to real-world applications of AI tools tailored to their specific procurement and supply chain challenges.

Organisational Impact

Organisations will benefit from:

• Enhanced Strategic Decision-Making: Gain data-driven insights into supplier performance, demand forecasting, and inventory management using AI.
• Increased Efficiency: Automate routine procurement tasks to free up valuable resources for strategic initiatives.
• Optimized Supplier Relationships: Use AI-powered analytics to foster stronger, more reliable partnerships with key suppliers.
• Risk Mitigation: Predict disruptions and implement AI-based risk management strategies.
• Cost Reductions: AI enables cost-saving measures through better contract management and sourcing strategies.
• Improved Sustainability: Incorporate AI to track and reduce the environmental impact of procurement and supply chain operations.

Personal Impact

Participants will gain the following

• Cutting-Edge Skills: Understand AI's role in modern procurement and supply chain strategies.
• Enhanced Leadership: Lead AI adoption initiatives with confidence, driving value across the organization.
• Strategic Insight: Leverage AI tools to make more informed, data-driven decisions.
• Operational Efficiency: Master techniques for automating workflows, improving efficiency, and reducing errors.
• Recognition: Position yourself as a forward-thinking leader in procurement and supply chain management.
• Career Growth: Equip yourself with advanced knowledge of AI applications, which is a highly sought-after skill in the industry.

WHO SHOULD ATTEND?

This GLOMACS training course is designed for procurement and supply chain professionals who want to harness AI to enhance their strategic impact, including:

• Procurement Directors: Overseeing optimization of supply chain processes.
• Supply Chain Directors: Overseeing optimization of supply chain processes.
• Procurement Managers: want to learn how to lead AI integration in procurement strategies.
• Category Managers: Identifying AI opportunities for sourcing and supplier management.
• Contract Managers: Implementing AI solutions for contract negotiation and management.
• Logistics Managers: Using AI for forecasting, logistics, and demand planning.
• Sustainability Officers: Employing AI to support ethical and sustainable procurement.
• IT Procurement Specialists: Coordinating the use of AI software and tools for procurement functions.
• Risk Management Professionals: Incorporating AI into risk assessment and mitigation strategies.
• Business Analysts: Exploring AI’s potential in streamlining procurement operations.