This RECTUS 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.

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.

This RECTUS 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.

DAY 1

 AI Foundations in Procurement and Supply Chain

• Overview of AI in procurement
• AI’s strategic role in procurement transformation
• Ethics and transparency in AI for procurement
• Aligning AI initiatives with organizational goals
• AI for supplier and buyer relationship management

DAY 2

Strategic Use of AI in Supplier Management

• AI for supplier relationship management
• Predicting supplier performance with AI
• AI-driven supplier risk management
• Enhancing supplier collaboration via AI tools
• Building trust and transparency with AI

DAY 3

AI-Powered Contract and Risk Management

• Streamlining contract management with AI
• Enhancing contract negotiations using AI
• AI for procurement risk identification and mitigation
• Managing contract lifecycle with AI automation
• Ethical considerations in AI contract management

DAY 4

AI-Driven Supply Chain Efficiency

• AI for demand forecasting in supply chains
• Optimizing inventory management using AI
• Automating procurement processes with AI
• AI for logistics and transportation efficiency
• Real-time supply chain monitoring and optimization

DAY 5

AI and the Future of Procurement and Supply Chain

• Emerging AI trends in procurement
• AI-driven sustainability in procurement
• AI for supply chain resilience and disruption management
• Group exercise: Developing AI strategies for procurement

RECTUS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration