Generative Ai For Procurement Analysts

[oaxino]

Generative Ai For Procurement Analysts

Published 5/2025
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 519.00 MB | Duration: 2h 24m

1000+ Prompts to Automate Every Procurement Function

What you'll learn
Understand the core principles behind Generative A
Access 1000 ready-to-use AI prompts designed specifically for procurement analysis and automation
Distinguish between traditional procurement methods and AI-augmented procurement analysis
Apply Generative AI vs. Predictive AI approaches in strategic sourcing decisions
Master prompt engineering techniques including instructional, analytical, zero-shot, one-shot, few-shot, and prompt chaining
Create context-rich procurement prompts and avoid common prompt design mistakes
Auto-generate supplier evaluation matrices, SWOT analyses, and compliance summaries
Use Generative AI to analyze, summarize, and redline procurement contracts
Automate RFQs, RFPs, SOPs, negotiation emails, and procurement checklists
Generate spend analysis dashboards, EOQ, TCO, and KPI calculations using text-to-formula prompts
Visualize procurement trends and create narrative-rich reports for stakeholders
Monitor real-time supplier risk and generate alerts using external signals like ESG ratings, inflation, or geopolitical events
Learn from real-world case studies like McKinsey, Siemens, Coupa, SAP Ariba, and IBM
Build a fully automated procurement workflow from need identification to PO issuance
Requirements
Basic understanding of procurement processes, including sourcing, RFx, contract management, and spend analysis
No prior coding knowledge required-Generative AI tools will be used via natural language
Interest in AI, digital transformation, or automation within procurement or supply chain
Access to a computer with internet connection
Willingness to experiment with prompt engineering techniques and AI-assisted workflows
Description
This comprehensive course, "Generative AI for Procurement Analysts," is designed to empower procurement professionals with cutting-edge skills to navigate the AI-driven transformation of sourcing, vendor management, and spend optimization. It begins by demystifying Generative AI, explaining how Large Language Models (LLMs), transformer architectures, and diffusion models are redefining enterprise procurement. The course traces the evolution of AI in procurement systems, contrasting traditional spreadsheet-based analysis with AI-augmented decision-making and predictive vs. generative sourcing intelligence. Learners explore major tools like ChatGPT and examine McKinsey's perspective on real-world AI adoption in procurement.In the next module, the focus shifts to prompt engineering, the core skill for interacting with generative AI. Students learn the anatomy of effective prompts, distinguish between instructional and analytical prompting, and master techniques like zero-shot, one-shot, and few-shot learning with procurement-specific examples. Advanced topics like prompt chaining and crafting context-rich queries are explored alongside common prompt errors and their remedies.The course then deep-dives into functional applications such as vendor discovery, supplier evaluation matrices, SWOT analysis, risk profiling, and compliance checks, supported by case studies like global supplier shortlisting. Contract management follows, where learners apply AI to analyze clauses, identify risks, extract obligations, and redline terms-illustrated by Coupa and SAP Ariba case examples.The final modules cover spend analysis, cost optimization, EOQ/TCO/KPI generation, and visual reporting using generative prompts, along with real-time risk monitoring, external signal integration, and alert generation, exemplified by Siemens' AI risk mitigation. Students will also auto-generate RFPs, SOPs, negotiation emails, and workflow automations, culminating in 1000 expertly crafted prompts tailored for procurement analytics, helping learners fully operationalize AI in their daily work.
Overview
Section 1: Introduction to Generative AI in Procurement
Lecture 1 What is Generative AI?
Lecture 2 Evolution of AI in Procurement Systems
Lecture 3 Traditional Procurement Analysis vs. AI-Augmented Procurement
Lecture 4 Generative AI vs Predictive AI in Strategic Sourcing
Lecture 5 Case Study McKinsey's perspective on AI in procurement
Section 2: Prompt Engineering for Procurement Analysts
Lecture 6 What are Prompts Anatomy of a Good Prompt
Lecture 7 Instructional vs Analytical Prompts
Lecture 8 Zero-shot, One-shot, Few-shot Learning with Examples
Lecture 9 Prompt Chaining: Building Logic through Sequences
Lecture 10 Crafting Context-Rich Procurement Prompts
Lecture 11 Common Prompt Mistakes and How to Avoid Them
Section 3: Generative AI for Supplier Sourcing and Evaluation
Lecture 12 Prompting for Vendor Discovery and Category Insights
Lecture 13 Auto-generating Supplier Evaluation Matrices
Lecture 14 Use of GenAI for SWOT Analysis of Suppliers
Lecture 15 Creating Risk Profiles and Compliance Summaries
Lecture 16 Case Study: GenAI Use in Global Supplier Shortlisting
Section 4: Contract Review and Legal Analysis with Generative AI
Lecture 17 Auto-analyzing Procurement Contracts and Clauses
Lecture 18 Identifying Contract Risks Using Generative Models
Lecture 19 Extracting Terms and Obligations from PDF Contracts
Lecture 20 Summarizing Multi-vendor Agreements
Lecture 21 Prompt Examples: Redlining and Compliance Prompting
Lecture 22 Case Study: AI for Contract Management at Coupa and SAP Ariba
Section 5: Cost, Spend, and Category Analysis Using AI
Lecture 23 Analyzing Spend Patterns with GenAI
Lecture 24 Cost Optimization Prompts and Templates
Lecture 25 Generating Category Spend Reports Automatically
Lecture 26 Text-to-Formula: EOQ, TCO, and Procurement KPIs
Lecture 27 Visualizing Spend Narratives for Stakeholder Reporting
Lecture 28 Case Study: Spend Intelligence at IBM with GenAI
Section 6: Risk Management and Supplier Monitoring
Lecture 29 Prompting for Real-Time Supplier Risk Summaries
Lecture 30 Monitoring News, ESG, and Social Media Feeds via AI
Lecture 31 Integrating External Signals (e.g., war, strikes, inflation) in Risk Prompts
Lecture 32 Generating Alerts for Contractual or Delivery Breaches
Lecture 33 Example Prompts: "Summarize ESG alerts for top 10 suppliers"
Lecture 34 Case Study: Siemens using AI for Risk Mitigation in Supply Chain
Section 7: Procurement Process Automation with Generative AI
Lecture 35 Auto-generating RFPs and RFQs
Lecture 36 Drafting SOPs and Procurement Checklists via Prompts
Lecture 37 Workflow Automation: From Need Identification to PO
Lecture 38 AI-driven Email Replies for Vendor Negotiations
Lecture 39 AI-generated Comparison Dashboards for Procurement Teams
Lecture 40 Case Study: AI Co-pilot for Procurement at Amazon Business
Section 8: 1000 Prompts for Generative AI for Procurement Analysts
Lecture 41 Spend Analysis and Visualization
Lecture 42 Vendor Comparison Dashboards
Lecture 43 Auto-Generating RFPs and RFQs
Lecture 44 Contract Clause Summarization
Lecture 45 Identifying Contractual Risks
Lecture 46 Delivery Performance Monitoring
Lecture 47 Invoice-to-Contract Price Matching
Lecture 48 Supplier Risk Profiling
Lecture 49 Geopolitical and Market Disruption Monitoring
Lecture 50 ESG Risk Summarization and Scoring
Lecture 51 Generating Supplier Scorecards
Lecture 52 Procurement Compliance Checks
Lecture 53 Redlining Vendor Contracts
Lecture 54 SOP and Procurement Policy Drafting
Lecture 55 Procurement Process Checklists
Lecture 56 Spend Category Intelligence Reports
Lecture 57 Text-to-Formula for EOQ, TCO, ROP
Lecture 58 Procurement KPI Generation and Interpretation
Lecture 59 Forecasting Procurement Demand
Lecture 60 Auto-Generating Purchase Orders (POs)
Lecture 61 Supplier Onboarding Documentation
Lecture 62 Creating Procurement Approval Summaries
Lecture 63 AI-Generated Negotiation Emails
Lecture 64 AI-Powered Vendor Rejection Letters
Lecture 65 Vendor Payment Term Optimization
Lecture 66 Dynamic Vendor Discovery Based on Scope
Lecture 67 AI in Indirect Spend Control
Lecture 68 Prompting for Freight and Logistics Quotations
Lecture 69 Auto-Creating Requisition Forms
Lecture 70 Comparison of Multi-Vendor Contracts
Lecture 71 Scenario-Based Risk Simulations
Lecture 72 Supply Chain Disruption Alerts
Lecture 73 Prompting for Spend Trends Across Regions
Lecture 74 Generating Procurement Audit Reports
Lecture 75 Category-Specific Strategic Sourcing Playbooks
Lecture 76 Prompting for Savings Opportunity Identification
Lecture 77 Creating Dashboards for CPO Review
Lecture 78 Vendor Performance Score Trends
Lecture 79 Prompt-Based Supplier Escalation Letters
Lecture 80 Procurement Fraud Pattern Detection
Lecture 81 Contract Expiry Alerts and Renewal Summaries
Lecture 82 AI-Generated SLA Violation Reports
Lecture 83 AI-Assisted Market Intelligence Reports
Lecture 84 Supplier ESG and Diversity Data Collection
Lecture 85 Tracking Maverick Spend
Lecture 86 Automated Sourcing Calendar Generation
Lecture 87 RFx Document Quality Review
Lecture 88 AI for Regulatory and Import Compliance Checks
Lecture 89 AI-Augmented Joint Cost Negotiation Strategy
Lecture 90 Procurement Workflow Automation from Need to PO
Procurement analysts and specialists looking to automate data analysis, supplier scoring, and sourcing workflows,Category managers seeking smarter tools for vendor discovery, contract negotiations, and risk evaluation,Strategic sourcing professionals aiming to enhance decision-making with AI-generated insights and spend intelligence,Supply chain professionals interested in integrating AI into procurement planning and operations,Contract managers and legal procurement reviewers who want to streamline redlining and clause analysis,Finance and operations analysts supporting procurement functions with cost modeling and KPI reporting,Consultants and transformation leads managing digital procurement initiatives or AI-readiness programs,Anyone working in enterprise procurement eager to gain hands-on skills in Generative AI and prompt engineering,Tech-savvy professionals exploring career opportunities at the intersection of procurement and AI,Students or early-career professionals looking to future-proof their skills in AI-driven procurement systems

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