Case Study: Tailored Brands improves inventory optimization with invent.ai

Men’s Wearhouse and Jos. A. Bank Select Invent Analytics to Optimize Inventory for Event Business

Tailored Brands, an omnichannel menswear and formalwear retailer, faced a challenge in optimizing inventory for its event rental business. They needed a more advanced approach to anticipate customer preferences for various tuxedo styles, colors, and sizes. To address this, they partnered with Invent Analytics for its AI-driven inventory optimization solutions.

By implementing Invent Analytics' platform, Tailored Brands achieved higher forecast accuracy and more precise inventory planning. The solution optimized buying and allocation at the style-size level, which resulted in reduced orders, increased revenue and margins, and substantially reduced stockout-based substitutions. This improvement in availability also led to enhanced overall customer satisfaction for the retailer.

Tailored Brands

Scott Vifquain

Chief Technology Officer