Industry 5.0 and the future of sustainable manufacturing: A systematic literature review

Ganesh Narkhede; Bhaveshkumar Pasi; Neela Rajhans; Atul Kulkarni

doi:10.1002/bsd2.272

journal article Aug 08, 2023

Industry 5.0 and the future of sustainable manufacturing: A systematic literature review

Ganesh Narkhede

Bhaveshkumar Pasi

Neela Rajhans Atul Kulkarni

Business Strategy & Development Vol. 6 No. 4 pp. 704-723 · Wiley

View at Publisher Save 10.1002/bsd2.272

Abstract

AbstractIndustry 5.0 (I5.0) is all set to come into the limelight when Industry 4.0 (I4.0) has not yet fully matured and still gaining ground in growing economies. The general notion of I5.0 is discussed in the existing literature on the subject domain, but there are no adequate studies in the literature that examine its implications. Therefore, systematic literature review method is adopted to: explore the understanding of I5.0; identify the opportunities for I5.0; highlight the challenges in I5.0 implementation; investigate the effects of I5.0 on economic, environmental, and social pillars of sustainability; and propose a framework for effective implementation of I5.0 concept in manufacturing enterprises. This article aims to stand on an unbiased assessment to ascertain the landscape occupied by I5.0 and the results of the comprehensive review offer insightful conclusions. I5.0 represents a paradigm shift that emphasizes the integration of advanced technologies with human‐centric approaches. This paper critically analyzes the key pillars and highlights the potential to enhance sustainability in manufacturing. Furthermore, the implications of I5.0 for sustainable manufacturing practices are explored. The paper also investigates its potential to address environmental concerns and promote eco‐friendly manufacturing practices. The findings provide valuable insights for policymakers, industry leaders, and technology providers in implementing sustainable manufacturing practices on their I5.0 journey. In addition, the proposed I5.0 framework will serve as a basis for further investigations on how to apply the concept of I5.0 in other sectors.

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Metrics

81

Citations

77

References

Details

Published: Aug 08, 2023
Vol/Issue: 6(4)
Pages: 704-723
License: View

Authors

G

Ganesh Narkhede

Department of Mechanical Engineering, Vishwakarma Institute of Information Technology Savitribai Phule Pune University Pune India

B

Bhaveshkumar Pasi

Department of Mechanical Engineering Vishwaniketan's Institute of Management Entrepreneurship and Engineering Technology (ViMEET) Khalapur India

N

Neela Rajhans

Department of Manufacturing and Industrial Engineering, College of Engineering Savitribai Phule Pune University Pune India

A

Atul Kulkarni

Department of Mechanical Engineering, Vishwakarma Institute of Information Technology Savitribai Phule Pune University Pune India

Cite This Article

Ganesh Narkhede, Bhaveshkumar Pasi, Neela Rajhans, et al. (2023). Industry 5.0 and the future of sustainable manufacturing: A systematic literature review. Business Strategy & Development, 6(4), 704-723. https://doi.org/10.1002/bsd2.272

Industry 5.0 and the future of sustainable manufacturing: A systematic literature review

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