Tailored Brands deploys AI tech to enhance demand forecasting and inventory management processes

Tailored Brands, a menswear retailer with brands like Men’s Wearhouse, Jos. A. Bank, and Moores, has implemented invent.ai’s AI driven inventory optimisation platform across its tuxedo rental business.

With over 1,000 stores, Tailored Brands needed a solution to streamline the complexity of managing inventory across its rental supply chain. It says that it transformed its demand forecasting and inventory planning capabilities with invent.ai in just 90 days, resulting in improved on-shelf availability, reduced substitutions and enhanced customer satisfaction. 

“Inventory optimisation means growing your sales and customer service while lowering inventory investment,” says 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.”

“The team at Tailored Brands consistently seeks innovative ways to harness AI to unlock greater value through our platform,” says Gurhan Kok, Founder and CEO at invent.ai. “Our partnership is not only strategic but also deeply collaborative. We’re excited to continue growing together and driving success.”

RTIH AI in Retail Awards

RTIH, organiser of the industry leading RTIH Innovation Awards, proudly brings you the first edition of the RTIH AI in Retail Awards, which is now open for entries. 

As we witness a digital transformation revolution across all channels, AI tools are reshaping the omnichannel game, from personalising customer experiences to optimising inventory, uncovering insights into consumer behaviour, and enhancing the human element of retailers' businesses.

With 2025 set to be the year when AI and especially gen AI shake off the ‘heavily hyped’ tag and become embedded in retail business processes, our newly launched awards celebrate global technology innovation in a fast moving omnichannel world and the resulting benefits for retailers, shoppers and employees.

Our 2025 winners will be those companies who not only recognise the potential of AI, but also make it usable in everyday work - resulting in more efficiency and innovation in all areas.

Winners will be announced at an evening event at The Barbican in Central London on Wednesday, 3rd September.

This will kick off with a drinks reception in the stunning Conservatory, followed by a three course meal, and awards ceremony in the Garden Room.

Please email our Editor, Scott Thompson, if you have any questions or need further information: scott.thompson@retailtechinnovationhub.com

Key 2025 dates

Friday, 18th July: Award entry deadline 

Tuesday, 22nd July: 2025 finalists revealed

Wednesday, 23rd July - Friday, 8th August: Judging days

Wednesday, 3rd September: Winners announced at the 2025 RTIH AI in Retail Awards Ceremony, to be held at The Barbican in Central London.