Over the past decade, developments such as artificial intelligence (AI), machine learning (ML), cloud computing and the Internet of Things (IoT) have transformed industrial technology — and we have Industry 4.0 to thank.
The fourth industrial revolution has headed substantial technological advancements, allowing the manufacturing industry to improve its processes, reduce production costs and develop quality management.
But whilst many electronics manufacturers are just finding their feet with Industry 4.0, the determined march of progress continues…
Introducing: Industry 5.0
Think of Industry 5.0 as a natural evolution.
Blending the technological innovations of Industry 4.0 with the concept of human-robot interaction and collaboration, Industry 5.0 aims to create a more human-centric, resilient and sustainable approach to manufacturing.
In Industry 4.0, the goal has been to minimise human involvement and prioritise process automation — essentially, humans have been in competition with machines…
In the case of Industry 5.0, this is reversed. Instead, the goal is to strike a balance, offering the abilities of increasingly powerful machines in combination with better-trained experts to foster effective, sustainable and safe production.
Preparing for worst-case scenarios is essential to the long-term success of electronics manufacturing companies.
From creating file backup systems to implementing alternative processes, having a substitute for any technology that could fail keeps operations on track when disruptions occur.
Resilience also includes the ability to maintain a stable operation for workers. With a human-centric view, Industry 5.0highlights the benefits of human cognitive skills and innovation when collaborating with machines — prioritising the well-being of employees over profit. Do workers feel safe and valued whilst being paid a living wage? Is there a safety net for workers should the worst occur? Are there robust training programmes in place for staff to improve their skills?
Placing the well-being of workers at the centre of the production process can help ensure they see a future with their company, building the kind of loyalty that establishes stability in an operation.
Lastly, the goal of Industry 5.0 in manufacturing is to set the wheels of a sustainable future in motion — with higher efficiency and fewer emissions.
From improved energy efficiency to closing the loop with a circular economy, there are many ways to achieve sustainability. In fact, the EU has already created an action plan for increasing the quality and amount of secondary raw materials to reduce electronic waste and shift to a more circular approach.
Though Industry 4.0 has ushered in a sustainable era by leveraging advanced technologies, Industry 5.0 will look into the future and address what is needed to not only prioritise a greener economy — but sustain it.
The benefits of Industry 5.0
Beyond human-centricity, resilience and sustainability, the Industry 5.0 framework has many advantages. So, what are the other benefits it could bring for electronics manufacturers everywhere?
Not unlike Industry 4.0, Industry 5.0 aims to increase productivity and reduce costs by eliminating repetitive tasks with autonomous manufacturing. With machines that can operate 24/7, workers can focus on strategic and more responsive tasks — boosting output and becoming more competitive.
Whilst Industry 4.0 laid the foundations for product personalisation, Industry 5.0 promises mass customisation at scale…
Manufacturers will be able to utilise 3D printing and digital twin technology to offer various product combinations at point-of-sale, allowing customers to personalise products to their liking before the physical item is manufactured. Not only could this save time and money and boost client satisfaction, but it could move manufacturers away from mass production — reducing plastic waste and air and water pollution.
A more responsive supply chain
For mass customisation to be a reality, Industry 5.0 will require flexible and responsive supply chains — with greater transparency and real-time data analysis to make informed decisions and respond quickly to changing market conditions.
From selecting suitable raw materials to understanding the personalisation requirements of individual clients, having responsive supply chains means improved customer service, increased accountability throughout the supply chain network, reduced costs and a competitive edge.
Is the electronics manufacturing industry ready?
Though many manufacturing companies are still rooted in Industry 4.0, this next generation of technology has the potential to revolutionise the industry — once again — by creating a more efficient, flexible and sustainable manufacturing process that focuses on societal value and well-being.
But for manufacturers to remain competitive, now is the time to make plans to move into the future with Industry 5.0. This evolution will be fast-paced, so it is essential to understand the concepts and goals of Industry 5.0 and be prepared…
Electronics manufacturers should consider their current processes and where their operations are in achieving sustainable growth — where costs can be reduced, which product-quality improvements are most appropriate and how to best support sustainability goals and the transition to net-zero carbon emissions.
How ready is your company to make the transition?
We keep our finger on the pulse of the electronics industry to ensure we provide the most up-to-date electronics manufacturing services. To discuss how we can help with your next project, contact us at +44 (0)1256 461894 or email firstname.lastname@example.org.