829: From Good to Great: How Business Partnering Transforms Procurement Teams

829: From Good to Great: How Business Partnering Transforms Procurement Teams

"Business partnering is what sets apart good procurement teams from great procurement teams, especially in indirect procurement... Those who are good at partnering with the business, they actually are able to excel." - Sasha Sergeev, Director of Technical & Corporate Procurement, Nova Chemicals

Procurement must evolve beyond traditional cost-focused metrics to become true business partners that drive organizational success. The most mature procurement teams understand that delivering exceptional stakeholder support and building embedded relationships creates far more value than savings alone.

In this episode of the Art of Procurement podcast, recorded at the Supply Chain Canada National Conference, procurement transformation leader Sasha Sergeev, Director of Technical & Corporate Procurement at Nova Chemicals, reveals the comprehensive approach his organization used to elevate their indirect procurement team from good to great through strategic business partnering.

Sasha shares practical insights on conducting honest maturity assessments, embedding procurement professionals within business teams, and building stakeholder relationships that separate high-performing procurement organizations from the rest.

Sasha also discusses:

  • How to conduct comprehensive procurement maturity assessments using both quantitative benchmarks and qualitative stakeholder feedback
  • The critical importance of honest, anonymous feedback in identifying procurement's blind spots and pain points
  • Strategies for embedding procurement business partners directly within stakeholder teams and daily operations
  • Why in-person engagement accelerates relationship building and trust, though virtual partnering can also be effective
  • How to train procurement professionals to balance being helpful business partners while maintaining appropriate governance

Links:

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873: Creating Capacity for Complex Problem Solving W/ Israel Santiesteban

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EP 10: Supplier Management as a Connected Discipline W/ Jesse Lee

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872: Beyond Automation: Accelerating Agentic AI Transformation in Procurement W/ Vishal Patel

872: Beyond Automation: Accelerating Agentic AI Transformation in Procurement W/ Vishal Patel

"The future of procurement isn't actually AI. It's people using AI to improve business outcomes and improve their own value add." - Vishal Patel, SVP Product & Customer Marketing at Ivalua Many procur...

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871: The New Rules of Procurement Leadership W/ Gary Mizhir

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"I measure success by the number of executives that come to us before they make decisions." - Gary Mizhir, Senior Director Head of Innovation & Excellence, FIS The pressure to move from tactical cost ...

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EP 09: Provider of the Week: ProcureAbility

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870: Managing the New Spend Frontier: AI Tokens in Procurement W/ Jon Winsett

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"You need to get visibility into the AI tokens, what workloads they are being used for, which users are using them, and what department they're coming out of. Most organizations don't have that visibi...

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869: The Modern Operating Model: Building a Lean, High-Value Procurement Team W/ Stephen Rauf

869: The Modern Operating Model: Building a Lean, High-Value Procurement Team W/ Stephen Rauf

"Don't overvalue the top procurement spot, and don't undervalue the tools and the budget required. It's an ecosystem." - Stephen Rauf, Global Head of Indirect Procurement, Zoetis Delivering more value...

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EP 08: Startup of the Week: Suplari W/ Jeff Gerber

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Procurement teams are under increasing pressure to do more with less… less time, less headcount, and often less budget. But, at the same time, the volume of data they manage continues to grow, making ...

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