Oil and gas (energy) have been the main commodities in question for many years. How long will these resources last? What will happen in the long term when resources start to diminish? This is the age-old question of supply and demand from a purchasing perspective. It's about understanding, from within an organization, what it takes to meet industry supply and demand. Having the right resources to find and implement a plan is necessary when attempting to complete a sourcing plan, understand the market, find the competition and analyze the supplier. All businesses need sourcing and understanding the function needed. When developing a business, this can help assess the physical delivery of quality and overall functionality of the procurement role. Having the right supply factors can give us a better understanding of timing and quality. For example, to help streamline quality of supply, companies must establish guidelines and performance indicators to ensure productivity and investments. This helps reduce the risks associated with AV knowledge....