Publication | Open Access
Industry 5.0: A new strategy framework for sustainability management and beyond
88
Citations
59
References
2024
Year
EngineeringFuture Industry 5.0Industrial EngineeringDigital ManufacturingSustainable DevelopmentEducationSustainable InnovationSustainable OperationsSustainable DesignSustainable ManufacturingManagementSystems EngineeringIndustry 4.0Sustainability ManagementIndustry 5.0Industrial InformaticsDesignManufacturing SystemsCorporate SustainabilityManufacturing StrategyCyber-physical Production SystemSustainable Business ModelIndustrial DesignProcess ModelBusinessBusiness SustainabilitySustainabilityTechnologyAgile ManufacturingNew Strategy Framework
Industry 5.0 can be described as the integration of sustainability, resilience, and human-centricity into industrial value creation. A novel framework for shaping a manufacturing strategy for the future Industry 5.0 paradigm is proposed. The I5.0 strategy framework consists of two main elements: (1) a process model and (2) a system model. The process model is based on the Design and Operations (DesOps) methodology while the system model discusses a fluid physical system as well as a fluid cyber system as relevant components of an Industry 5.0 manufacturing system-of-systems. The research intends to contribute to the academic and industrial discussion towards forming a more practical guideline for managing the emerging I5.0 approaches and related technologies and to enable manufacturing companies to improve and maintain their competitiveness in a future I5.0 environment. Additionally, the authors aim to expand the knowledge foremost in the research field of strategy design and implementation by providing a decision-support framework for facilitating sustainable, resilient, and human-centric value creation.
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