Industry 5.0: A Human-Centric and Sustainable Approach to Industrial Development
DOI:
https://doi.org/10.26821/IJSRC.12.5.2024.120507Keywords:
Human-centrism, Industry 4.0, Industry 5.0, Resilience, Smart supply chain management, Social sustainabilityAbstract
Industry 5.0 is a new phase of industrial development that aims to enhance sustainability, resilience, and human well-being by integrating advanced technologies and human skills in manufacturing processes. This paper provides a comprehensive overview of the concept, characteristics, and challenges of Industry 5.0, and discusses its implications for industrial practice and policy. We review the literature on Industry 5.0 and its relation to the previous industrial revolutions, and identify the main drivers, enablers, and barriers for its implementation. We also analysed the potential benefits and risks of Industry 5.0 for the environment, society, and economy, and propose some recommendations for fostering a human-centric and sustainable industrial transition. We conclude that Industry 5.0 represents a promising opportunity for achieving the United Nations Sustainable Development Goals and enhancing the quality of life of industrial workers and consumers, but it also requires careful management and regulation to avoid negative impacts and ensure ethical and responsible use of technology.
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Copyright (c) 2024 Dr Deepak Verma

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