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Investigating the factors, challenges, and role of stakeholders in implementing Industry 5.0 and its impact on supply chain operations: a study of the global agri-food supply chain

Investigating the factors, challenges, and role of stakeholders in implementing Industry 5.0 and its impact on supply chain operations: a study of the global agri-food supply chain

Kankekar, Shivali Sunil, Singh Dadwal, Sumesh ORCID: 0000-0002-2582-5493 and Ali, Abdul ORCID: 0000-0002-3034-8628 (2023) Investigating the factors, challenges, and role of stakeholders in implementing Industry 5.0 and its impact on supply chain operations: a study of the global agri-food supply chain. In: Dadwal, Sumesh, Kumar, Pawan, Verma, Rajesh and Singh, Gursimranjit, (eds.) Opportunities and Challenges of Business 5.0 in Emerging Markets. Advances in Business Strategy and Competitive Advantage (ABSCA) Book Series . IGI GLOBAL, Hershey, USA; Beijing, China, pp. 124-150. ISBN 978-1668464052; 978-1668464038; 1668464039 ISSN 2327-3437 (doi:https://doi.org/10.4018/978-1-6684-6403-8.ch007)

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Abstract

Industry 5.0 may assist businesses to become more constructive and competitive in the global economy in the Fifith Industrial Revolution era. Therefore, a critical review of prior literature is presented in this paper to examine how industry 5.0 will impact supply chain operations within the agricultural sector. Additionally, it examines influencing factors, challenges, stakeholder roles, and recommendations identified from the literature. Industry 5.0 has multiple benefits for the agri-food sector such as improved agility, responsiveness, efficiency, productivity, precise decision-making, as well as cost-effectiveness.

Item Type: Book Section
Uncontrolled Keywords: Industry 5.0; agri-food industry; food supply chain; digital supply chain; digitalisation
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
Faculty / School / Research Centre / Research Group: Faculty of Business
Last Modified: 18 Apr 2024 10:55
URI: http://gala.gre.ac.uk/id/eprint/46760

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