Industry 5.0 and the changes in the way of entrepreneurship
There was a long way from the beginning of the Industrial Revolution to the dawn of Industry 5.0 today. The sector that produces the most diverse products that we use on a daily basis, from car tires to the most modern smartphones, is constantly changing. This evolution also causes the market to develop, creating or returning needs already observed before, and that's what we'll talk about in today's post!
Clicksign has prepared a complete content to help you understand this The trend that is moving the industrial sector. Learn about its features, advantages, and how its automations modified the entrepreneurs' activities! Also check out our content about digital transformation and the future of the business market!
Understand what Industry 5.0 is
In a nutshell, industry 5.0 is a labor model in industries that seeks to balance human capital with the technological resources of a factory. This category can also be called collaborative industries and appeared in Japan as way to bring more humanity to the production process. It has the following objectives:
- promote human inclusion through the use of technology;
- generate production concerned with sustainability;
- increase the quality of life of employees.
Since the birth of the first textile sheds, to the invention of the first technologies for mass production still powered by steam, a lot has changed. Initially, 90% of operations relied exclusively on employees. After that, less and less machines needed assistance and we recently arrived at what is called Industry 4.0, the era of robots. And only when technological capital reached its peak of independence, was it realized how much the personal factor is lacking in the quality of products and also in the perception of opportunities. That's when they understood that our ability to solve problems was indispensable for these businesses and that now we need to change. To this end, they renewed practices that already showed results in the past, modernizing them and improving their weaknesses. The big takeaway from this 5.0 trend is combine the strengths of each workforce. From us humans, these companies benefit from creativity, critical thinking, and detailed attention to results. Machines, on the other hand, benefit from the speed of production, functionalities beyond the physical and mental capacity of a person, and configurations that are completely adaptable to the sector in which they operate. When a change of this type occurs, it affects not only the industrial sector, but all the commercial branches that are connected to them. Gradually, what business analysts noticed happening only on the “factory floor”, It's also spreading to digital businesses and B2C companies. An example of this is the emergence of tools for Digital HR, a way of integrating human capital with mechanical tools to facilitate the team's daily life and increase productivity.
But isn't the machinery going to steal employees' jobs?
No! This business model understands that robots don't replace people. Quite the contrary, they are there to act as facilitators of the processes carried out by those who are flesh and blood. In this way, the physical exertion and hazardous work would be left with the metal artifacts that can be fixed, leaving us with the supervision, development and quality inspection service for Fabris products. The most interesting is that this model showed that employees do not need to be afraid of advances in the industrial sector, and also that entrepreneurs do not need to reduce their teams as much as possible to achieve improvement in the company's finances. This is related to the objectives that underpin this model! Additional reading:”Human Capital and Technology: Valuation or Competition?“
Business Benefits of Industry 5.0
Even though robots are an excellent production force, they alone fail to provide some details necessary to carry out all the activities of a company. This new format, which is gaining space in the management and operation of major brands around the world, offers several benefits for enterprises that choose to adhere to this model. Discover the main of them:
- increase in the supply of jobs;
- more qualified labor;
- reduction of resources spent on various processes;
- decrease in the time of each operation;
- increasing the quality of manufactured products;
- tools adapted to the needs of each sector;
- less wear and tear on the team in repetitive processes;
- reduction in accidents at work;
- ease to handle documentation in the digital environment.
So you can see why this factory format gained so many followers in a short time, right? Even customers have advantages, because with an optimized production process, the products will reach them at a lower price, faster and with high quality. And make no mistake that only those super high-tech equipment, with mechanical grips and various panels, are included in this Industry 5.0 model. More “simple” automations that streamline bureaucratic work, dull and repetitive processes they also contribute to this advance. This is the era of Business Intelligence and digitalization! Understand What is Business Intelligence in our post on the subject!
Industry 5.0 and advances through digitalization
It is a fact that the digital wave is far from being an exclusive feature of consumers. While the public has more modern cameras, computers, and cell phones, the business sector benefits from new process optimization tools - both in the production halls and in the offices connected to them. Some manufacturing bottlenecks depend on bureaucratic issues that are beyond the control of those who are operating a machine. For example, the shipment of products may be slow, stalled, and ineffective due to the issuance or signing of documents such as invoices. Document scanning is a tool that addresses these issues by allowing these files, once in the cloud, can be accessed from anywhere safely and conveniently. Thus, it is still possible for this “paperwork” to be signed virtually with the use of a digital certificate — and you can learn in detail what they are when you access our post on the subject. This technology provides legal validity and convenience for closing deals, clearing operations, and many other essential activities for a company. It is a characteristic that is directly related to the main objective of Industry 5.0, business technology focused on human capital. What did you think of this operating model? The Clicksign blog always provides the best information for entrepreneurs who want to guarantee quality, convenience and results. Don't miss any of our updates!
