Investigating the Factors, Challenges, and Role of Stakeholders in Implementing Industry 5.0 and Its Impact on Supply Chain Operations

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.