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Can Industry 5.0 Develop a Resilient Supply Chain? An Integrated Decision-Making Approach by Analyzing I5.0 CSFs

Sindhwani, Rahul; Behl, Abhishek; Singh, Ramandeep; Kumari, Sushma

Authors

Rahul Sindhwani

Abhishek Behl

Ramandeep Singh

Profile image of Sushma Kumari

Dr. Sushma Kumari S.Kumari@hull.ac.uk
Senior Lecturer and Programme Director- MSc Logistics and Supply Chain Management and Education Lead Logistics and Supply Chain Management



Abstract

Advances in science and technology act as the gatekeepers of a sustainable future where a stable environment helps generate the power for innovation. Supply chains are the messengers of this euphoric future. However, when the messengers and the gatekeepers are not in sync, the flow of information is bound to stop and bring about a chaotic turn of events, the repercussions of which can be felt through the years. The same was the case with the COVID-19 pandemic, where the lack of man–machine collaboration in Industry 4.0 and the inability of firms to advance their supply chains technologically left them exposed and vulnerable to the disruptions created by the pandemic. It was an eye-opener for companies worldwide as the supply chains collapsed and production reached a standstill. Thus, a stance arises to re-evaluate the resilience capabilities of the supply chains and rethink the priorities for achieving sustainable and resilient supply chain practices. We also suggest injecting industry 5.0 technologies to meet the re-assessed priorities. For this, we have identified the criteria and CSFs of supply chain resilience using the PRISMA 2020 statement and subsequently analyzed them using PF-AHP (for finding criteria weights), m-TISM (to interpret the interrelationships of the CSFs), PF-CoCoSo (to rank the CSFs) and sensitivity analysis (to check the robustness). The results suggest cost-effectiveness as the top weighted criteria and disruption awareness as the highest priority CSF for achieving supply chain resilience.

Citation

Sindhwani, R., Behl, A., Singh, R., & Kumari, S. (2024). Can Industry 5.0 Develop a Resilient Supply Chain? An Integrated Decision-Making Approach by Analyzing I5.0 CSFs. Information Systems Frontiers, https://doi.org/10.1007/s10796-024-10486-x

Journal Article Type Article
Acceptance Date Mar 20, 2024
Online Publication Date Apr 24, 2024
Publication Date Apr 24, 2024
Deposit Date Apr 24, 2024
Publicly Available Date Apr 25, 2025
Journal Information Systems Frontiers
Print ISSN 1387-3326
Electronic ISSN 1572-9419
Publisher Springer
Peer Reviewed Peer Reviewed
DOI https://doi.org/10.1007/s10796-024-10486-x
Keywords Supply chain resilience; Industry 5.0; Critical success factors; PF-AHP; m-TISM; PF-CoCoSo; Sensitivity analysis
Public URL https://hull-repository.worktribe.com/output/4630343