We should move to Industry 5.0 now!

Industry 5.0 offers manufacturing activity that goes beyond simple technical and economic goals, such as efficiency and productivity. (Photo: 123RF)

guest blog. In my last blog I urged you to change your vocabulary from Industry 4.0 to Industry 5.0, the first of which is a work that is not only incomplete, but above all unfinished.

In addition to its digital component, the Fifth Industrial Revolution puts people at the center of the transformation process and also includes urgent reduction of greenhouse gas (GHG) emissions for manufacturing companies.

After all, the industrial sector cannot boast of being the leading energy consuming sector and the second largest producer of greenhouse gases in Quebec, after relocating its cousin.

Industry 5.0 is currently a primarily European phenomenon and calls for sustainable and responsible recycling.

The French president, Emmanuel Macron, also had his hobby during the last election campaign.

However, it should extend to North America and the entire planet.

The German marketing genius, who taught us all too well the urgency of digital transformation with Industry 4.0, is now urging us to move to 5.0 for good reason.

Beyond economics and technology, sustainability

Industry 5.0 offers manufacturing activity that goes beyond simple technical and economic goals, such as efficiency and productivity. It favors other primary goals for the future of the manufacturing sector.

Among these, we find the welfare of team members, environmentally friendly practices, as well as resilience which is absolutely essential when emerging from a health, climate or geopolitical crisis, depending on where you are in the world.

In fact, only preventative and resilient strategies can help mitigate the risks of disruption and disruption, in order to see events come.

These anomalies have hurt and weakened our manufacturers since COVID-19, regardless of whether they are related to production, labor or supply shortages.

To add a layer, many claim that these disturbances will be the rule rather than the exception.

An interesting paradox, it will be digital technologies that will come to the rescue, making it possible to anticipate and adapt to sudden and sometimes unpredictable changes.

A good example is the supply chain management software packages that digitize the business chain and create a real control tower that can examine every link and stakeholders in real time.

To reduce the environmental footprint, the manufacturing sector should, among other things, advocate the use of renewable energies, reduce greenhouse gas emissions and adopt circular processes that allow for resource reuse and recycling and waste reduction.

Fortunately, manufacturers generally already have the DNA to do this, considering the waste of inputs in production and being followers of LEAN processes, not to mention waste recovery.

Besides the future of the planet for future generations, the risks of not taking action are enormous.

The future of the sector is in the hands of generations Y and Z, the age group from 20 to 45 years.

This segment is particularly sensitive to the environmental and human aspects of choosing a company to work for.

With a labor shortage looming until 2030, now is not the time to make the job more difficult with your employer brand. Ditto on the brand side, with customers becoming increasingly sensitive to these aspects.

people first

The debate is taking shape and taking up more and more space.

Many claim that technology should above all be at the service of people and not the other way around.

We want human-machine collaboration that enhances and complements each other, as well as accelerated use of technologies that do not violate the fundamental rights of workers.

In short, humanity must find a new role in the future of work.

Many companies are left behind in digital transformation in the absence of qualified managers and in-house digital workers to plan, direct, and energize the process.

Still others are not satisfied with the ongoing transformation that remains fundamentally technical, and would like to put people back at the heart of the process.

In order to benefit both businesses, workers, and our planet, the Fifth Industrial Revolution will have to shed the aura of core technology.

The stage of questioning the transformative potential of digital that we have seen over the past five years should not blind us and make sure that we ignore the two factors that will make for its success or failure, namely people and sustainability.

Swiss futurologist and AI expert Martin Sioba believes that this could be the last industrial revolution, so the work of Industry 5.0 is so complete that it seems unreasonable to go further than AI.

In the future I will tell.

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