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ISP TrainingsInnovative Special Projects

Artificial Intelligence in Contract Price Adjustment

3 days|Delivered on request

This programme examines how the practice is shifting, and what delegates should adopt, adapt or ignore. It works through e-procurement systems and contract negotiation as they stand today and where they are heading. The shift is worth understanding because category spend is one of the few remaining places to find margin without cutting headcount. Delegates leave able to work confidently with demand planning, supply risk assessment and strategic sourcing in their own organisation.

What delegates leave able to do

  • Make a decision about demand planning without waiting for a specialist, measured against the PFMA and MFMA supply chain regulations
  • Spot where supply risk assessment is failing before it becomes a finding
  • Improve strategic sourcing within their own organisation
  • Explain tender evaluation to someone who does not do the work

What the course covers

  • E-procurement systems
  • Contract negotiation
  • Demand planning
  • Supply risk assessment
  • Strategic sourcing
  • Tender evaluation
  • Category management

Who should attend

  • sourcing specialists
  • logistics coordinators
  • contract administrators
  • inventory controllers
A forklift moving freight beside stacked shipping containers

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