046 - Tiffanie Stanard - Data-driven Supply Chain Relationship Management

Supply Chain Next

Tiffanie Stanard is known for following all her passions – an anomaly in many sorts because she is a techie, a creative, media personality/producer & an award-winning entrepreneur. Tiffanie has been named a U.S. Delegate for the Global Entrepreneurship Congress, One of the 15 Women Changing the Face of Technology by Philadelphia Business Journal, Innovator of the Year, One of the Top 100 Women Visionary Leaders to Watch by Innov8tiv Magazine, among many more honors (see below). Stanard founded Prestige Concepts (PC) over ten years ago – formerly an award-winning brand enhancement agency. We focused on bridging the gap between clients and customers with technology solutions. Expertise: Branding, Marketing, Business Development, Vendor Management/Partnerships, Technology. Stanard is the Founder/CEO of Stimulus, a relationship intelligence SaaS platform that uses data and analytics to help companies (of all sizes and industries) make better purchasing decisions. Our team is backed by amazing investors including Google for Startups, Darco Capital, Juno Capital, the City of Philadelphia and more – with growing support from our partners including Microsoft. During years’ of working with non-profit organizations, Stanard created ConTechs, Connect + Tech = Community program, teaching technology and business skills to urban communities through a specialized curriculum. To date, ConTechs has provided over 5,000 hours of training partnering with local and national partners. In addition to serving on boards and committees, Tiffanie has moderated and participated in numerous events from Keynote Speaker to Brand Ambassador, discussing entrepreneurship, branding, diversity, technology, community outreach and more. Because of years’ of working in the entertainment industry, Stanard was hired to work with Radio One, Philadelphia as a host and radio show producer for Philly Speaks. The radio show is an informative outlet for Philadelphia residents to discuss important topics. Stanard became a Brand Ambassador/Keynote Speaker for Microsoft’s STEM program, a national event organized in over 10 cities. Stanard’s keynote speech, “Find Your Voice with Technology” explores five steps for all ages to become builders of innovation. In episode 046, Tiffanie talks with Richard about: --- - How Tiffanie fell into supply chain - Her love of relationship management that developed - The development of Tiffanie’s entrepreneurial bent through her high school business program - Career path shift from payroll to vendor management - Tiffanie’s decision to create a business versus building her own company and brand - Mixing her love of radio and advertisement and experience as producer and host at Philly Speaks on 100.3FM - The importance of business and leadership influencing in today’s marketplace - Stimulus Inc.’s start, and identifying the intersection of vendor, buyer, and data insights to create relationship building tools, and a proprietary score, that help companies make the best sourcing and purchasing decisions - Global vendor management and supplier diversity over the long term to increase supply chain resiliency - Migration of B2B commerce from in-person to e-commerce platforms and using data points to map the consumer experience in that space - Pitfalls of creating a vendor relationship with an unverified company and Tiffanie’s vision of Stimulus as a type of due diligence platform to ensure that a material source is a best fit - How Stimulus fits into the Circular Economy while aiding the capital sustainability of organizations - Tiffanie’s Post-COVID actives and focus on conferences to build the Stimulus brand and her mission to make Supply Chain au courant as an industry - Stimulus Inc.’s successful seed round raising $2.5MM and a positive outlook for 2023