Industrial management
Maghsoud Amiri; HamidReza Talaie; Shahab Bayatzadeh
Abstract
In an era of intensifying global competition and unprecedented environmental, economic, and technological changes, organizations require a high level of readiness to adopt Industry 5.0-based technologies and business models. This study aims to investigate the impact of Industry 5.0 readiness on sustainable ...
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In an era of intensifying global competition and unprecedented environmental, economic, and technological changes, organizations require a high level of readiness to adopt Industry 5.0-based technologies and business models. This study aims to investigate the impact of Industry 5.0 readiness on sustainable business growth, considering the mediating roles of efficiency, responsiveness, and competitive advantage, with a case study of Mobarakeh Steel Company in Iran. Despite the growing body of research on Industry 5.0, a literature review indicates that the impact of Industry 5.0 readiness on efficiency, responsiveness, competitive advantage, and sustainable business growth has not yet been examined within an integrated framework. The research is applied in nature and follows a descriptive-correlational design. Data were collected using a standardized questionnaire from a purposive sample of 105 employees. The validity of the instrument, including content, convergent, and discriminant validity, as well as its reliability, was confirmed. The data were analyzed using structural equation modeling (SEM). The results revealed that Industry 5.0 readiness significantly enhances organizational efficiency and responsiveness. These two factors, in turn, strengthen competitive advantage and ultimately lead to sustainable business growth. Moreover, efficiency and responsiveness were found to mediate the relationship between Industry 5.0 readiness and competitive advantage. These findings offer practical guidance for industrial managers aiming to strategically transition toward Industry 5.0 and effectively leverage emerging technologies through a human-centric approach to achieve sustainable growth.
Industrial management
Bahareh Deljoo; Rohollah Ghasemi; Mohsen Moradi moghadam; Ali Mohaghar
Abstract
The food industry has been transformed by the Fourth Industrial Revolution, particularly through the application of the Internet of Things (IoT). This technology enhances efficiency by connecting various components of the factory—both wired and wirelessly—and paves the way for smart factories ...
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The food industry has been transformed by the Fourth Industrial Revolution, particularly through the application of the Internet of Things (IoT). This technology enhances efficiency by connecting various components of the factory—both wired and wirelessly—and paves the way for smart factories aligned with sustainability goals. The aim of this research is to analyze the capability–attractiveness of IoT applications in the food industry based on sustainability indicators and the readiness of selected companies in the food industry of Tehran province to implement these technologies. First, a systematic literature review was conducted to identify relevant IoT applications in the food industry, along with sustainability-based attractiveness indicators and capability criteria. The case study are selected companies in the food industry of Tehran province and its subsidiaries, which are currently deploying IoT technologies across various areas. Using the Best-Worst Method (BWM), the weights of the indicators were determined. Then, decision matrices were developed separately for evaluating the applications based on attractiveness (sustainability) and capability indicators, and each application was scored accordingly. The Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) was then used to obtain final rankings. Based on the capability–attractiveness matrix, the most promising IoT applications identified for implementation in the company include “real-time data collection,” “inventory management and shelf replenishment,” “energy consumption management,” and “smart fire detection systems.” The findings offer valuable insights for identifying and adopting IoT applications in the food industry, considering the capacities and infrastructure of companies.