Invent.ai highlights Tailored Brands’ success story in its new case study, “How Tailored Brands anticipates demand and increases revenue with invent.ai in its tuxedo and formal wear rental business.” The story explores how invent.ai’s inventory optimization platform has helped Tailored Brands modernize demand forecasting, automate inventory allocation and streamline distribution center (DC) transfers—ultimately ensuring the right products are readily available for millions of reservations each year.
“Inventory optimization means growing your sales and customer service while lowering inventory investment,” said Scott Vifquain, Chief Technology Officer at Tailored Brands. “It’s doing more with less. Invent.ai’s solution not only helped us grow customer satisfaction and service on a lower inventory base, but also avoided disappointing the customer with substitutions. We saw great results very quickly.”
Key results include:
“The team at Tailored Brands consistently seeks innovative ways to harness AI to unlock greater value through our platform,” said Gurhan Kok, Founder & CEO, invent.ai. “Our partnership is not only strategic but also deeply collaborative. We’re excited to continue growing together and driving success.”
To read the full case study, click here.
About Tailored Brands, Inc.
Tailored Brands is a leading omnichannel specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. We help our customers love the way they look and feel by delivering personalized products and services through our convenient network of stores and e-commerce sites. Our brands include Men’s Wearhouse, Jos. A. Bank, Moores and K&G Fashion Superstore.
About invent.ai
Invent.ai is a pioneering AI-decisioning platform that gives retailers superpowers to make the best planning and operational decisions to grow sales, revenue and margin dollars. Delivering fast, measurable value through its technology solutions, invent.ai brings together retail planning data, predicts outcomes, and optimizes inventory, pricing and merchandising.