Abstract
The proposal of Industry 5.0 is an effort and attempt to shape a new type of industrialization using human defined values. The core elements of Industry 5.0, including human centeredness, sustainable development, and resilience, are all different forms of high-quality development. This article proposes four corporate value innovation strategies - rainforest strategy, wetland strategy, grassland strategy, and oasis strategy - to provide management suggestions for traditional manufacturing enterprises to shift to smart manufacturing Industry 5.0. Human-robot collaboration, AI and machine learning, IoT and cyber-physical systems, sustainable manufacturing, human-centered workplace designs, resilient and flexible supply chains, and digital twin and simulation technologies are covered in the text. This article presents a detailed plan for the shift towards Industry 5.0, emphasizing the advantages and real-world uses of these sophisticated production techniques. On the new journey, what kind of response can smart manufacturing Industry 5.0 makes and how can they make forward-looking strategic preparations?
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
