AI for Procurement & Vendor Management

Optimizing Supplier Selection, Contracts, and Cost Savings

Source smarter, negotiate better—AI is transforming procurement from reactive to strategic.

Procurement is no longer just about cost—it’s about insight, agility, and risk mitigation. This course empowers procurement professionals to use AI to automate sourcing, evaluate vendors, and optimize supplier relationships through predictive data analysis.

Through hands-on examples and toolkits, participants will learn how AI enhances spend analytics, flags compliance risks, and supports sustainable sourcing practices. You'll also explore how to assess vendor credibility using AI-driven risk profiling and benchmark performance across your supply chain.

Ideal for procurement managers and vendor specialists, this course delivers the tools to create a future-ready procurement function—efficient, data-informed, and aligned with organizational values.

Course Content

Module 1: Fundamentals of AI in Procurement

Module 2: Supplier Evaluation & Comparison

Module 3: Contract Negotiations & Spend Analytics

Module 4: Risk Management & Ethical Sourcing

Module 5: Implementation & Compliance

Module 6: Measuring Success & Future Trends

 

expected Time: 6-8 hours