This volume gathers selected, peer-reviewed contributions presented at the 5th International Seminar on Mathematics in Industry & ISMI2024, held on September 9-11, 2024 in Kuala Lumpur, Malaysia. Articles in this volume touch on fields such as applied mathematics, applied probability theory and stochastic modeling, statistical modeling, operations research, biomathematics, optimization, inventory management, supply chain, and computational mathematics, all with an emphasis on solutions to real-world problems. Many of the studies contained here closely relate to the United Nations& Sustainable Development Goals, namely SDG 9 (Industry) and SDG 3 (Health), potentially inspiring practitioners and scholars to deploy these findings and pursue similar avenues of research. Since its inception in 2013, ISMI has been organized by the Centre for Industrial and Applied Mathematics (UTM-CIAM) and the Department of Mathematical Sciences, Universiti  Teknologi Malaysia (UTM) with the aims of disseminating knowledge, sharing experiences in research on various aspects of industrial mathematics and statistics and fostering collaboration among academia, government agencies, industry, and community.