Generative AI for Procurement and Sourcing

Transform procurement and sourcing with Generative AI, AI-powered spend intelligence, and supplier analytics. This course equips procurement, sourcing, and supply chain professionals with practical knowledge to apply AI across modern procurement activities and make more data-driven decisions. You’ll build a foundation in data-centric procurement by analyzing procurement data, improving spend visibility, classification, and normalization, and identifying patterns that support sourcing decisions. Explore AI-driven tail-spend optimization, supplier consolidation opportunities, commodity forecasting, and external market signals. You’ll also learn how Generative AI and large language models support procurement intelligence, supplier assessment, risk monitoring, performance analytics, and evidence-based negotiations. Examine AI-assisted RFP development, supplier recommendations, bid evaluation, and continuous sourcing. By the end of the course, you’ll be able to evaluate AI opportunities across procurement, apply supplier and spend analytics to sourcing decisions, use Generative AI to support negotiations and RFP workflows, and develop a practical roadmap for AI-enabled procurement transformation.