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Tailored Brands Leverages Invent Analytics' AI to Optimize Inventory Management

Tailored Brands, a leading menswear and formalwear retailer, sought an advanced solution to anticipate customer preferences in its tuxedo rental business, implementing digital tools to enhance the selection process. They partnered with Invent Analytics, utilizing our automated decision-making platform to optimize inventory planning, leading to improved forecast accuracy, precise inventory management, and increased product availability, sales, and profitability. The collaboration also significantly reduced stock-outs, resulting in enhanced customer satisfaction.

Listen to Scott Vifquain, CTO of Tailored Brands, and Gurhan Kök, founder of Invent Analytics, discuss the AI-based technology's application and its impactful results on the Multichannel Merchant CommerceChat podcast.

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