Meril Concludes TechVentory, Boosts AI-Driven Healthcare Supply Chains

Meril, a global leader in advanced medical solutions, successfully concluded its flagship “TechVentory” program across Delhi, Mumbai, and Kochi. The event brought together over 100 senior procurement and supply chain executives from leading healthcare organizations to engage in insightful discussions on emerging technologies and innovations.

The discussions centered around critical areas such as HMIS, RFID technology, ERP integration, operational excellence, ESG practices, digital transformation, and the vital role of standardization in building a future-ready healthcare ecosystem.

Dr. Venkatesan N., Director & Chief Procurement Officer, SCM-Max Healthcare Group, gave an insightful keynote address to kick off the Delhi chapter of the event on the subject of "Healthcare Industry: Challenges, Opportunities & the Roadmap Ahead." To overcome business obstacles and enhance patient care, he emphasized the significance of having strong, technologically sophisticated supply chains. Following the session, a panel discussion was held with notable industry participants, such as Mr. Vikas Goyal, SCM Head, Fortis Memorial Research Institute and Ms. Rasmita Patro, SCM Head, Manipal Hospitals. The panelists discussed how new technologies are enhancing healthcare procurement efficiency, cost optimization, and inventory management.

“The TechVentory event, which brings together innovative minds to address the urgent issues in healthcare supply chains, is something we are happy to be a part of. To promote effectiveness, resilience, and improved patient outcomes as the industry develops, it is imperative that procurement and inventory management embrace technology and innovation” said Dr. Venkatesan N., SCM-Max Healthcare Group's Director and Chief Procurement Officer.

Mr. Balaji S., General Manager-Procurement, Kokilaben Dhirubhai Ambani Hospital, gave the opening keynote address for the Mumbai edition, focusing on the role of AI in revolutionizing healthcare logistics. Following the keynote speech, a insightful panel discussion with experts Mr. Subham Bardham, Mr. Sanjay Agarwal, and Ms. Neeta Pawar discussing how AI, RFID, and predictive tools are decreasing waste, optimizing inventory, and enhancing supply chain resilience in hospitals.

Speaking during the session, Mr. Balaji S., General Manager – Procurement, Kokilaben Dhirubhai Ambani Hospital, stated “Technology is becoming more and more important in changing India's healthcare system. ERP system integration and business intelligence tools are crucial for fostering data-driven decision-making. Equally important is the need to educate patients, advance ESG goals, and accelerate efforts to digitize, standardize, and localize innovation across the healthcare ecosystem.”

Mr. Subham Bardham, Vice President – Supply Chain Management and New Business Development, Lilavati Hospital added, “In today’s evolving healthcare ecosystem, we aim to automation and data-driven tools is essential. They help us minimize waste, improve accuracy, and build a more responsive supply chain.”

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Distinguished representatives from well-known healthcare organizations attended the Kochi session, including Mrs. Alphonsa Jose K and Mrs. Anila Francis from Medical Trust Hospital, Kochi; Mr. Harikrishna R, Chairperson, Apollo Hospital, Ernakulam; Dr. Rekha Ramachandran M, Chairperson, Aster Medcity, Kochi and Mrs. Razlath NA from Rajagiri Hospital, Kochi.

Dr. Rekha Ramachandran M- Head Supply Chain Management, Aster Medicity Kochi said “As the healthcare sector becomes more dynamic and patient-centric, the need for intelligent, agile, and tech-enabled supply chains has never been greater. Impactful sessions like TechVentory help us align with global best practices, foster collaboration, and adopt innovative solutions that ultimately enhance both operational efficiency and patient care.”

Mr. Nitin Thakur, Business Head – Sales and Marketing, Meril Lifesciences said “We are happy to host an impactful event like TechVentory enabling industry leaders to exchange best practices in supply chain management. Through such collaborations, we aim to empower healthcare institutions to deliver better, affordable, and accessible healthcare services.”

The program reinforced the critical role of technology in shaping the future of healthcare supply chains. From integrating HMIS and ERP systems to leveraging BI tools for data-driven decision-making, the discussions emphasized the need for digital transformation at every level. The program also spotlighted the growing importance of patient education, ESG-led strategies, and the urgency to localize, digitize, and standardize innovation across the healthcare ecosystem. By bringing together key industry stakeholders, this event served as a powerful forum for knowledge exchange, collaboration, and charting the path toward a more efficient, resilient, and future-ready healthcare system.