IDEAS home Printed from https://ideas.repec.org/a/spr/sumafo/v24y2016i4d10.1007_s00550-016-0433-4.html
   My bibliography  Save this article

The possibility of applying the philosophy of sufficiency economy in organizational purchasing

Author

Listed:
  • Suppasit Sornsri

    (Assumption University)

Abstract

The main objective of this research is to explore the possibility of applying the Sufficiency Economy Philosophy in purchasing of the organizations. The Sufficiency Economy Philosophy is initiated by His Majesty the King Bhumibol Adulyadej of Thailand. The philosophy reflecting the principle of Thai culture is a method of development on the three foundations of moderation, reasonableness, and self-immunity. These three bases are performed with the provision of knowledge and integrity as well as the intelligence and perseverance leading to the true happiness or progress of the organization. The philosophy has been increasingly recognized. Thailand’s Eleventh National Economic and Social Development Plan (2012–2016) has included this philosophy as a guideline for private and public sectors. Noticeably, there are many studies and research on the Sufficiency Economy Philosophy in various areas including individual levels, public and private sector levels. Purchasing as a strategic sourcing contributes a great deal in the organizations. Strategic sourcing emphasizes the four elements of strategic orientation, cross-functional team, process-driven approach, and supply base management. Purchasing is one of the most important logistics activities, as an original upstream function of the supply chains. In addition, it is also closely related to other logistics activities such as transportation, customer service, etc. Literatures reveal several actions and strategies in purchasing that are consistent with the Sufficiency Economy Philosophy. In spite of several research on this philosophy, there is a limited number of studies focused mainly on the application in organizational purchasing. Therefore, these provide a good venue for this research. This research investigates how organizations can use the Sufficiency Economy Philosophy in purchasing activities. As for the methodology, firstly the researcher reviews the literatures from books, articles, and research on the ‘Philosophy of Sufficiency Economy’, strategic sourcing and sustainable sourcing in order to analyze the linkage of the Philosophy of Sufficiency Economy and purchasing. Secondly, document analysis is used as a qualitative research method, which the documents such as the annual reports of the companies that adopt the Sufficiency Economy Philosophy are investigated to evidence such a linkage. The finding section proposes the conceptual model for purchasing based on the Sufficiency Economy Philosophy. The model expects that the three foundations and the two conditions of the philosophy can be applied with organizational purchasing. Finally, further research directions and limitations are discussed.

Suggested Citation

  • Suppasit Sornsri, 2016. "The possibility of applying the philosophy of sufficiency economy in organizational purchasing," NachhaltigkeitsManagementForum | Sustainability Management Forum, Springer, vol. 24(4), pages 393-407, December.
    • Handle: RePEc:spr:sumafo:v:24:y:2016:i:4:d:10.1007_s00550-016-0433-4
    DOI: 10.1007/s00550-016-0433-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s00550-016-0433-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s00550-016-0433-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Joe Miemczyk & Thomas Johnsen & Monica Macquet, 2012. "Sustainable purchasing and supply management: a structured literature review of definitions and measures at the dyad, chain and network levels," Post-Print hal-00858680, HAL.
    2. Helen Walker & Joe Miemczyk & Thomas Johnsen & Robert Spencer, 2012. "Sustainable procurement: Past, present and future," Post-Print hal-00956954, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Veerawin Korphaibool & Pattanaporn Chatjuthamard & Sirimon Treepongkaruna, 2021. "Scoring Sufficiency Economy Philosophy through GRI Standards and Firm Risk: A Case Study of Thai Listed Companies," Sustainability, MDPI, vol. 13(4), pages 1-19, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. André Tchokogué & Jean Nollet & Nathalie Merminod & Gilles Paché & Véronique Goupil, 2018. "Is Supply's Actual Contribution to Sustainable Development Strategic and Operational?," Business Strategy and the Environment, Wiley Blackwell, vol. 27(3), pages 336-358, March.
    2. Minelle E. Silva & Breno Nunes, 2022. "Institutional logic for sustainable purchasing and supply management: Concepts, illustrations, and implications for business strategy," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 1138-1151, March.
    3. Scott, James & Ho, William & Dey, Prasanta K. & Talluri, Srinivas, 2015. "A decision support system for supplier selection and order allocation in stochastic, multi-stakeholder and multi-criteria environments," International Journal of Production Economics, Elsevier, vol. 166(C), pages 226-237.
    4. Per Engelseth & Richard Glavee-Geo & Artur Janusz & Enoch Niboi, 2020. "The Emergent Nature of Networked Sustainable Procurement," Sustainability, MDPI, vol. 13(1), pages 1-18, December.
    5. Anup Kumar & Santosh Kumar Shrivastav & Avinash K. Shrivastava & Rashmi Ranjan Panigrahi & Abbas Mardani & Fausto Cavallaro, 2023. "Sustainable Supply Chain Management, Performance Measurement, and Management: A Review," Sustainability, MDPI, vol. 15(6), pages 1-25, March.
    6. Youngbok Ryu & Toshiyuki Sueyoshi, 2021. "Examining the Relationship between the Economic Performance of Technology-Based Small Suppliers and Socially Sustainable Procurement," Sustainability, MDPI, vol. 13(13), pages 1-23, June.
    7. Jorge A. Rodríguez & Cristina Giménez Thomsen & Daniel Arenas & Mark Pagell, 2016. "NGOs’ Initiatives to Enhance Social Sustainability in the Supply Chain: Poverty Alleviation through Supplier Development Programs," Journal of Supply Chain Management, Institute for Supply Management, vol. 52(3), pages 83-108, July.
    8. Thomas Johnsen & Marie-Anne Le Dain & Nadine Kiratli & Holger Schiele, 2022. "Editorial: Purchasing and innovation: Past, present and future of the field of research," Post-Print hal-03761525, HAL.
    9. Hadjielias, Elias & Christofi, Michael & Vrontis, Demetris & Khan, Huda, 2022. "Social impact through family firms’ interorganizational relationships within a community and a cooperative: An embedded view of stewardship," Journal of Business Research, Elsevier, vol. 139(C), pages 584-601.
    10. Osama A. Meqdadi & Thomas E. Johnsen & Rhona E. Johnsen, 2019. "Power and Diffusion of Sustainability in Supply Networks: Findings from Four In-Depth Case Studies," Journal of Business Ethics, Springer, vol. 159(4), pages 1089-1110, November.
    11. Tuni, Andrea & Rentizelas, Athanasios, 2019. "An innovative eco-intensity based method for assessing extended supply chain environmental sustainability," International Journal of Production Economics, Elsevier, vol. 217(C), pages 126-142.
    12. Donna Marshall & Lucy McCarthy & Marius Claudy & Paul McGrath, 2019. "Piggy in the Middle: How Direct Customer Power Affects First-Tier Suppliers’ Adoption of Socially Responsible Procurement Practices and Performance," Journal of Business Ethics, Springer, vol. 154(4), pages 1081-1102, February.
    13. Daria Battini & Martina Calzavara & Ilaria Isolan & Fabio Sgarbossa & Francesco Zangaro, 2018. "Sustainability in Material Purchasing: A Multi-Objective Economic Order Quantity Model under Carbon Trading," Sustainability, MDPI, vol. 10(12), pages 1-15, November.
    14. Rocio Rodriguez & Göran Svensson & David Eriksson, 2021. "Priorities Determining Future Directions of Sustainable Development in Business Models of the Healthcare Industry—Findings and Framework," Sustainability, MDPI, vol. 13(11), pages 1-11, June.
    15. Hannibal, Claire & Kauppi, Katri, 2019. "Third party social sustainability assessment: Is it a multi-tier supply chain solution?," International Journal of Production Economics, Elsevier, vol. 217(C), pages 78-87.
    16. Dominik Zimon & Jonah Tyan & Robert Sroufe, 2019. "Implementing Sustainable Supply Chain Management: Reactive, Cooperative, and Dynamic Models," Sustainability, MDPI, vol. 11(24), pages 1-22, December.
    17. Wenwen Zhu & Zhiqiang Wang, 2018. "The Collaborative Networks and Thematic Trends of Research on Purchasing and Supply Management for Environmental Sustainability: A Bibliometric Review," Sustainability, MDPI, vol. 10(5), pages 1-28, May.
    18. Cory Searcy, 2016. "Measuring Enterprise Sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 25(2), pages 120-133, February.
    19. Schöll, Michaela, 2017. "Three Essays on Sustainable Supply Chain Management – Towards Sustainable Supplier Selection and Sustainable Sourcing," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 172463, July.
    20. Philipp Sauer & Stefan Seuring, 2018. "A three-dimensional framework for multi-tier sustainable supply chain management," Post-Print hal-03926114, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sumafo:v:24:y:2016:i:4:d:10.1007_s00550-016-0433-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.