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A Hierarchical Structure Modeling and Relationships Exploration of Supply Chain 5.0 Capabilities

  • Md Ainul Kabir*
  • , Sharfuddin Ahmed Khan
  • , Golam Kabir
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

Supply chain (SC) 5.0 is considered the next SC transformation to satisfy the diverse customers better in incoherence with the next industrial revolution. SC 5.0 will enhance the technological adaptation of SC 4.0. It will bring an additional paradigm shift toward mass personalization and human-centricity, sustainability, and agile and flexible systems with transparency to promote a connected supersmart society. In light of these developments, in this article, we aim to develop SC 5.0 capabilities and understand the interrelationship of these capabilities along with a hierarchical structure. The Delphi method has validated the identified capabilities. In addition, we utilize integrated interpretive structural modeling and decision-making trial and evaluation laboratory along with cross-impact matrix multiplication applied to classification analysis. This approach is employed to understand the interrelationships among these capabilities. This study is a stepping stone for future research on SC 5.0 capability analysis with a focus on the growing concept of Industry 5.0. Moreover, this study helps organizations develop their strengths and management system according to SC 5.0 capabilities.

Original languageEnglish
Pages (from-to)11253-11268
Number of pages16
JournalIEEE Transactions on Engineering Management
Volume71
DOIs
StatePublished - 2024
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 1988-2012 IEEE.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Delphi method
  • Industry 4.0
  • Industry 5.0
  • MCDM
  • interpretive structural modeling and decision-making trial and evaluation laboratory (ISM-DEMATEL)
  • supply chain (SC) 5.0
  • supply chain capabilities

ASJC Scopus subject areas

  • Strategy and Management
  • Electrical and Electronic Engineering

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