Profile
Harnessing artificial intelligence (AI), robotic process automation (RPA), cognitive automation, and machine learning in procurement processes signifies a paradigm shift towards intelligent, data-driven decision-making. These technologies empower enterprises to automate repetitive tasks, analyse vast amounts of data to derive actionable insights, optimise supplier management, enhance forecasting accuracy, and streamline procurement workflows.
Module 6 explores the role of automation in enhancing efficiency, accuracy, and cost-effectiveness within procurement operations. Participants will gain practical knowledge on selecting suitable tools for automating specific procurement tasks based on organisational needs.
What You'll Learn
At the end of the 2-day module, participants will be able to:
- Understand Artificial Intelligence (AI), Automation and Robotics and their importance to procurement
- Identify key processes within procurement operations with high potential that can be automated using AI, Automation and Robotics
- Evaluate different types of robotic process automation (RPA) application to procurement
- Develop a strategic plan for integrating automation and robotics into existing procurement processes to enhance overall operational effectiveness