Shehzad Ahmed

As the industrial landscape evolves from Industry 4.0 to Industry 5.0, organizations are challenged to integrate technological advancement with human-centric and sustainable innovation. This study investigates how IoT maturity contributes to Industry 5.0 readiness, focusing on the mediating roles of digital visibility, employee empowerment, and strategic flexibility. Drawing on the Resource-Based View (RBV) and Dynamic Capabilities Theory (DCT), a conceptual model is developed and tested using survey data from 375 UK-based firms. Structural equation modeling results show that IoT maturity significantly enhances digital visibility and employee empowerment and has a direct positive effect on strategic flexibility. Strategic flexibility, in turn, strongly predicts Industry 5.0 readiness and mediates the relationship between IoT capabilities and organizational transformation. Notably, digital visibility and empowerment do not directly impact readiness without this mediating flexibility. These findings suggest that while digital technologies lay the foundation, it is the firm’s ability to strategically adapt that enables a successful transition to Industry 5.0. The study contributes a novel empirical model that links digital maturity to human-centric innovation and provides practical insights for firms seeking to align digital transformation initiatives with the emerging principles of Industry 5.0, sustainability, resilience, and human-machine collaboration.

The Internet of Things (IoT) is transforming how organisations and individuals connect and interact with digital ecosystems, especially in sectors like healthcare and banking. While technological benefits have been widely discussed, the societal and organisational impacts of IoT adoption remain underexplored. This study aims to address this gap by conducting a systematic literature review (SLR) of 110 peer-reviewed publications from 2012 to 2024 across four major academic databases. The review identifies and categorises the key applications of IoT, its social and organisational drivers, and the challenges of its implementation within the healthcare and banking sectors. The analysis reveals that critical barriers to IoT adoption include security, privacy, interoperability, and legal compliance, alongside concerns around workforce displacement and trust. This study also introduces the 5Cs framework—connectivity, continuity, compliance, coexistence, and cybersecurity—as a practical lens for addressing these challenges. The findings highlight the need for responsible IoT integration that balances innovation with ethical, social, and organisational accountability. Implications of this research inform policymakers, practitioners, and researchers on how to design human-centric and socially sustainable IoT strategies in sensitive sectors.

SMEs, the most vital but vulnerable part of an economy, necessitate crucial resources and capabilities to succeed. Structuring on the resource-based theory (RBT) and market orientation (MO), as a fundamental capability for SMEs, this paper examines the moderating effects of the Internet of Things (IoT) and mediating effects of individual creativity on the MO and firm performance relationship. Using structural equation modeling (SEM), the analysis of data obtained from 229 SMEs indicates that IoT moderates the positive relationships between MO and firm performance, and MO and creativity but not between creativity and firm performance. In contrast, creativity partially mediates MO and firm performance linkage.

Considering rapid economic development and continuously increasing environmental concerns, end-of-life vehicles (ELVs) have significant socioeconomic value as a crucial waste stream. The research relating to ELVs has rapidly evolved over the last few years. However, existing review studies focus on specific research themes, and thus, fail to present a complete picture. Hence, this research intends to explain the current research scenario relating to ELVs by reviewing the critical published studies of the last 22 years. A total of 1405 research publications were extracted from the Scopus database covering the period from 2000 to 2021. Mainly employing bibliometric analysis techniques, this research analyzes the quantity of literature, researchers, institutions, countries, and research themes to understand the current status and future trends in ELV recycling and management. The results revealed a considerable rise in the number of articles published in the last five years. The key producers of influential ELV research are listed as the United States, China, and the United Kingdom. Globally, Chinese universities have the most ELV-related articles published. Similarly, Serbian researcher Vladimir Simic authored the most ELV-related articles during the research period. This article also identifies various research themes: management and recycling, resource recovery and components, life cycle evaluation, and socioeconomic effects. The results also reveal a strong association between distinct ELV research clusters.

Industry 4.0 is a new paradigm of digitalization and automation that demands high data rates and real-time ultra-reliable agile communication. Industrial communication at sub-6 GHz industrial, scientific, and medical (ISM) bands has some serious impediments, such as interference, spectral congestion, and limited bandwidth. These limitations hinder the high throughput and reliability requirements of modern industrial applications and mission-critical scenarios. In this paper, we critically assess the potential of the 60 GHz millimeter-wave (mmWave) ISM band as an enabler for ultra-reliable low-latency communication (URLLC) in smart manufacturing, smart factories, and mission-critical operations in Industry 4.0 and beyond. A holistic overview of 60 GHz wireless standards and key performance indicators are discussed. Then the review of 60 GHz smart antenna systems facilitating agile communication for Industry 4.0 and beyond is presented. We envisage that the use of 60 GHz communication and smart antenna systems are crucial for modern industrial communication so that URLLC in Industry 4.0 and beyond could soar to its full potential.

The Internet of Things (IoT) has realised the fourth industrial revolution concept; however, its applications in the manufacturing industry are relatively sparse and primarily investigated without contextual peculiarities. Our research undertakes an intricate critical review to investigate significant aspects of IoT applications in the manufacturing Industry 4.0 perspective to address this gap. We adopt a systematic literature review approach by Denyer and Tranfield (2009) to carry out critical analyses that help develop future research domains based on empirical studies. We describe key knowledge gaps in the existing literature and empirical studies by exploring the main contribution categories and finding six critical differences between traditional and manufacturing Industry 4.0 and 10 enablers and 11 challenges of IoT applications. Finally, an agenda for future research is proposed with 11 research domains to focus on the recognised gaps.

In the era of modern technology, the competitive paradigm among organisations is changing at an unprecedented rate. New success measures are applied to the organisation’s supply chain performance to outperform the competition. However, this lead can only be obtained and sustained if the organisation has an effective and efficient supply chain and an appropriate forecasting technique. Thus, this study presents the demand-forecasting model, i.e., a good fit for the pharmaceutical sector, and shows promising results. Through this study, it is observed that combining forecasting algorithms can result in greater forecasting accuracies. Therefore, a combined forecasting technique ARIMA-HW hybrid¹ i.e. (ARHOW) combines the Autoregressive Integrated Moving Average and Holt’ s-Winter model. The empirical findings confirm that ARHOW performs better than widely used forecasting techniques ARIMA, Holts Winter, ETS and Theta. The results of the study indicate that pharmaceutical companies can adopt this model for improved demand forecasting.

The Internet of Things (IoT) and its benefits and challenges are the most emergent research topics among academics and practitioners. With supply chains (SCs) gaining rapid complexity, having high supply chain visibility (SCV) would help companies ease the processes and reduce complexity by improving inaccuracies. Extant literature has given attention to the organisation’s capability to collect and evaluate information to balance between strategy and goals. The majority of studies focus on investigating IoT’s impact on different areas such as sustainability, organisational structure, lean manufacturing, product development, and strategic management. However, research investigating the relationships and impact of IoT on SCV is minimal. This study closes this gap using a structured literature review to critically analyse existing literature to synthesise the use of IoT applications in SCs to gain visibility, and the SC. We found key IoT technologies that help SCs gain visibility, and seven benefits and three key challenges of these technologies. We also found the concept of Supply 4.0 that grasps the element of Industry 4.0 within the SC context. This paper contributes by combining IoT application synthesis, enablers, and challenges in SCV by highlighting key IoT technologies used in the SCs to gain visibility. Finally, the authors propose an empirical research agenda to address the identified gaps.

Industry 4.0 (I4.0) technologies have been highlighted in recent literature as enablers of servitisation. Simultaneously, businesses are advised to implement a circular economy (CE) to bring new opportunities. However, it is pertinent to mention that little attention has been given to assess the role of I4.0 in adopting the CE and servitisation in a fully integrated manner. This research fills this gap by developing a conceptual framework through a systematic literature review of 139 studies investigating the relationship between the I4.0, CE, and servitisation. This study identifies the impact of these variables on a firm’s operational and financial performance (revenue stream, growth, and profitability). Our research findings advocate that adopting I4.0 technologies to the business and manufacturing model enables sustainability, energy and resource efficiency while enhancing performance and offering innovative products through smart services. Thus, firms must systematically adopt I4.0 technologies to support a CE model that creates value through servitisation. This study identifies the research gaps that are unexplored for practitioners and future researchers while providing insight into the role of I4.0 in implementing CE in the servitisation business model.

Over the past few years, the circular economy (CE) concept has captured considerable attention from researchers and practitioners as a potential solution for social, economic, and environmental challenges. But in literature, limited engagement has been given to explore the CE initiatives, particularly in the agri‐food supply chain (AFSC). This paper aims to address this gap by critically reviewing the existing literature and identify the drivers and barriers for implementing the CE in the AFSC. This study uses a systematic literature review approach to critically analyse the current literature to develop future empirical research areas. The popularity of the CE drivers and barriers in the AFSC following the number of times they appeared in the research studies is examined. It shows that environmental (67%), policy and economy (47%), and financial benefits (43%) are the three top drivers. However, institutional (64%), financial (48%), and technological risks (40%) are the top three barriers in implementing CE practices in the AFSC. It is observed that there is an utmost need for international communities to introduce internationally accepted standards and frameworks for CE practices to be used globally to eliminate waste, particularly in the agriculture sector. Moreover, government intervention to stimulate CE initiatives plays a critical role in the transition process.