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.
Ready to boost your business's success with Invent Analytics, just like Tailored Brands did? Take the first step towards increased profitability and customer satisfaction by diving into the world of AI-powered solutions that have delivered remarkable results. Fill out the form below and let's reshape your path to success together!
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eBookGrocery Retail Playbook: How to Win in the Omni-Grocery World
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eBookFashion Retail Planning: Build Your 2022 Roadmap to Omni-Channel Excellence
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Special ReportSpecial Report: The Future of Grocery Retail Planning
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VideoOmni-Channel Is the New Customer Expectation - What It Means for Inventory
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AI-Driven Inventory Optimization with Academy Sports + Outdoors
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Learn how Invent Analytics and Tailored Brands enhanced tuxedo rental inventory management with AI and ML, leading to improved efficiency and customer satisfaction in our latest webinar.
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Academy Sports 2023: How AI Powers a New Approach to Drive Profitability
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Research PaperResearch Paper: Variety and Inventory Trade-off in Retailing: An Empirical Study
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Research PaperResearch Paper: Stockout Risk Estimation and Expediting for Repairable Spare Parts
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InfographicCase Study Infographic: Fiba Retail Group
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