We'd appreciate your feedback. Send feedback Subscribe to our newsletters and alerts


Asian Journal of Individual and Organizational Behavior

2023 Volume 3

The Importance of Advancing from Industry 4.0 to Industry 5.0: A SWOT Analysis of Turkey’s SCM Strategy


,
  1. Faculty of Engineering Management, Bialystok University of Technology, Wiejska Street 45A, 15-351 Bialystok, Poland.
Abstract

This research examines the role of artificial intelligence (AI) and robotic technologies in the transformation of the logistics sector at different stages. With the global economy becoming increasingly competitive, the study aims to predict the best ways to increase efficiency and reduce costs in logistics processes. In addition, it delves into the changes required in supply chain management (SCM) strategies that have been triggered by the global health crisis of COVID-19. The study uses the multi-criteria decision-making method for its analysis. First, it reviews the historical development from the first industrial revolution and emphasizes the transition from Industry 4.0 (4IR) to Industry 5.0 (5IR). The final section of the research provides a SWOT (strengths, weaknesses, opportunities, and threats) analysis of Turkey's current SCM strategy.


How to cite this article
Vancouver
Szum K, Nazarko J. The Importance of Advancing from Industry 4.0 to Industry 5.0: A SWOT Analysis of Turkey’s SCM Strategy. Asian J Indiv Organ Behav. 2023;3:36-46. https://doi.org/10.51847/4DhiY7O1mV
APA
Szum, K., & Nazarko, J. (2023). The Importance of Advancing from Industry 4.0 to Industry 5.0: A SWOT Analysis of Turkey’s SCM Strategy. Asian Journal of Individual and Organizational Behavior, 3, 36-46. https://doi.org/10.51847/4DhiY7O1mV

About APSSHS