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INDUSTRY 5.0 – CHARACTERISTIC, MAIN PRINCIPLES, ADVANTAGES AND DISADVANTAGES.

Authors :
WOLNIAK, Radosław
Source :
Scientific Papers of Silesian University of Technology. Organization & Management / Zeszyty Naukowe Politechniki Slaskiej. Seria Organizacji i Zarzadzanie; 2023, Issue 170, p663-678, 16p
Publication Year :
2023

Abstract

Purpose: The aim of the paper is to analyze the Industry 5.0 concept and compare it with Industry 4.0. Design/methodology/approach: Critical literature analysis. Analysis of international literature from main databases and polish literature and legal acts connecting with researched topic. Findings: Industry 5.0 offers several benefits that make it worth adopting in manufacturing industries, including improved efficiency, greater quality control, sustainability, enhanced worker safety, improved customer experience, cost savings, competitive advantage, increased innovation, and positive social impact. By integrating human creativity and intuition with advanced machinery and technology, Industry 5.0 promises to create a more sustainable, flexible, and socially responsible manufacturing environment that delivers higher quality products and more meaningful jobs. Originality/value: Detailed analysis of all subjects related to the problems connected with the Industry 5.0. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
16413466
Issue :
170
Database :
Complementary Index
Journal :
Scientific Papers of Silesian University of Technology. Organization & Management / Zeszyty Naukowe Politechniki Slaskiej. Seria Organizacji i Zarzadzanie
Publication Type :
Academic Journal
Accession number :
164232773
Full Text :
https://doi.org/10.29119/1641-3466.2023.170.40