Supply Chain Analysis Helps an Oil and Gas Industry Client Streamline the Procure to Pay Process Category Overview The recent drop in the pricing of oil is pushing firms to compromise on operational costs to sustain their foothold in the oil and gas market landscape. Supply Chain in the oil & gas industry has a long history of regulatory oversight, reputation issues, price fluctuation, and a heavy reliance on contractors and suppliers. As the percentage of suppliers in the workforce continues to grow, finding qualified workers is increasingly difficult. Procurement and Supply Chain Management for the Oil & Gas Industry. Maintaining best practice in PSCM is a core requirement for those operating in the global oil and gas industry. PSCM is significant within company strategy.