Industrial revolutions have always marked breakthrough periods that fundamentally changed the way of production, work organisation and the overall functioning of industry. From the first mechanised machines in the 18th century to today’s intelligent technologies, industry has undergone enormous changes affecting production, logistics, transport and trade. Each industrial revolution has brought new technologies that have helped businesses become more efficient and better respond to market demands. The research and the submitted manuscript aimed to examine different ways of managing the supply chain through innovative information technologies and to analyse their effectiveness and risks at individual stages of the supply chain. The study also focused on identifying optimal ways of implementing these technologies and their possible impacts on the performance and competitiveness of the company.
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Industry 5.0,Supply Chain Management,Innovative Information Technologies,Artificial Intelligence,FMEA