Industry 5.0 and Supply Chain Management: Coevolution and Future Research Directions

Amila Bandara, Amila Thibbotuwawa, H. Niles Perera, Peter Nielsen

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Abstract

Subsequent to the wider adoption of Industry 4.0, the European Union initiated a movement towards the fifth industrial revolution (I5.0). The nature of global supply networks makes the conventional organizational-level viewpoint insufficient to fully realize the advantages of I5.0. This paper provides a broader perspective to the research on I5.0 by studying the dynamic interplay between I5.0 and supply chain (SC). A systematic literature review has been conducted by selecting a refined sample of 80 papers from SCOPUS and the Web of Science databases. Analysis revealed three dominant research clusters namely, SC Digitalization and Sustainability, SC Technologies, and SC Resilience. Based on the gaps in the literature, several future research directions were identified, including Human-centered SCs, Interplays between the pillars of I5.0, I5.0 Evaluation/ Scoring Systems, Value 5.0, and SC 5.0 Ecosystems and Governance. We conclude the paper by highlighting the necessity of having more empirical research.

Original languageEnglish
Book seriesIFAC-PapersOnLine
Volume58
Issue number19
Pages (from-to)958-963
Number of pages6
ISSN2405-8971
DOIs
Publication statusPublished - 1 Aug 2024
Event18th IFAC Symposium on Information Control Problems in Manufacturing, INCOM 2024 - Vienna, Austria
Duration: 28 Aug 202430 Aug 2024

Conference

Conference18th IFAC Symposium on Information Control Problems in Manufacturing, INCOM 2024
Country/TerritoryAustria
CityVienna
Period28/08/202430/08/2024
Sponsoret al., International Federation of Automatic Control (IFAC) - Technical Committee on Integration and Interoperability of Enterprise Systems, TC 5.3, International Federation of Automatic Control (IFAC) - Technical Committee on Large Scale Complex Systems, TC 5.4, International Federation of Automatic Control (IFAC) - Technical Committee on Management and Control in Manufacturing and Logistics, TC 5.2, International Federation of Automatic Control (IFAC) - Technical Committee on Manufacturing Plant Control, TC 5.1, International Federation of Automatic Control (IFAC) Coordinating Committee 5 on Cyber-Physical Manufacturing Enterprises, CC 5

Bibliographical note

Publisher Copyright:
Copyright © 2024 The Authors.

Keywords

  • Human Centricity
  • Industry 5.0
  • Resilience
  • Supply Chain 5.0
  • Sustainability
  • Value 5.0

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