Supply Chain 5.0: A Comprehensive Literature Review on Implications, Applications and Challenges


Authors : SalwaIdamia; Benseddik Hafida; Mousaab El khair Ghoujdam

Volume/Issue : Volume 9 - 2024, Issue 4 - April

Google Scholar : https://tinyurl.com/ykz7sncd

Scribd : https://tinyurl.com/3xbu5hbt

DOI : https://doi.org/10.38124/ijisrt/IJISRT24APR034

Abstract : Supply Chain 5.0 represents a paradigm shift in logistics and operations, integrating advanced digital technologies such as artificial intelligence, Internet of Things (IoT), blockchain, and analytics. This paper explores the transformative potential of Supply Chain 5.0 in optimizing efficiency, flexibility, and responsiveness within supply chain management practices. Through an analysis of current literature and industry trends, we elucidate how Supply Chain 5.0 enables real-time data insights, predictive analytics, and automated decision-making to revolutionize traditional supply chain models. However, challenges including data security, interoperability issues, and workforce training remain significant barriers to adoption. This study underscores the importance of addressing these challenges to fully realize the benefits of Supply Chain 5.0 in driving competitiveness, resilience, and sustainability in the global marketplace.

Keywords : Industry 5.0 · Supply Chain 5.0, Supply Chain 4.0· Supply Chain Resilience (SCR) Supply Chainsustainability (SCS) · Human-Centric Supply Chain (HCSC).

Supply Chain 5.0 represents a paradigm shift in logistics and operations, integrating advanced digital technologies such as artificial intelligence, Internet of Things (IoT), blockchain, and analytics. This paper explores the transformative potential of Supply Chain 5.0 in optimizing efficiency, flexibility, and responsiveness within supply chain management practices. Through an analysis of current literature and industry trends, we elucidate how Supply Chain 5.0 enables real-time data insights, predictive analytics, and automated decision-making to revolutionize traditional supply chain models. However, challenges including data security, interoperability issues, and workforce training remain significant barriers to adoption. This study underscores the importance of addressing these challenges to fully realize the benefits of Supply Chain 5.0 in driving competitiveness, resilience, and sustainability in the global marketplace.

Keywords : Industry 5.0 · Supply Chain 5.0, Supply Chain 4.0· Supply Chain Resilience (SCR) Supply Chainsustainability (SCS) · Human-Centric Supply Chain (HCSC).

Never miss an update from Papermashup

Get notified about the latest tutorials and downloads.

Subscribe by Email

Get alerts directly into your inbox after each post and stay updated.
Subscribe
OR

Subscribe by RSS

Add our RSS to your feedreader to get regular updates from us.
Subscribe