Lori Grafton

Experienced Buyer with 20+ Years of Expertise in the Furniture Industry

Professional Overview

Lori Grafton is an accomplished Buyer and Senior Buyer at Furniture Row Companies, where she has honed her skills in strategic sourcing, inventory management, and driving cost-effective product procurement. With a deep understanding of the furniture industry, Lori leverages her keen eye for market trends and customer preferences to ensure Furniture Row Companies consistently offers a diverse and appealing product portfolio.

Experience Summary

Current Role

As a Buyer and Senior Buyer at Furniture Row Companies, Lori is responsible for identifying and negotiating with vendors, managing inventory levels, and optimizing product assortment to meet customer demands. In her dual roles, Lori has demonstrated exceptional negotiation skills, securing favorable terms and competitive pricing from suppliers, while maintaining strong relationships with key industry partners. Her ability to anticipate market shifts and adapt purchasing strategies has contributed to Furniture Row Companies' sustained growth and profitability.

Career Progression

Lori's career with Furniture Row Companies spans over two decades, during which she has steadily progressed through the organization. She joined the company in 1999 as a Buyer and was later promoted to the role of Senior Buyer, where she has continued to excel in her responsibilities. Lori's deep understanding of the furniture industry, combined with her strategic decision-making and strong vendor relationships, have been instrumental in driving the company's success.

Academic Background

Lori holds a Bachelor's degree in Business Administration from the University of Colorado, with a concentration in Procurement and Supply Chain Management. Her academic focus has provided a strong foundation for her professional accomplishments in the furniture industry.

Areas of Expertise

• Strategic Sourcing and Vendor Negotiations

• Inventory Management and Optimization

• Product Assortment and Category Management

• Market Trend Analysis and Forecasting

• Cross-Functional Collaboration and Project Management

Professional Impact

Throughout her tenure at Furniture Row Companies, Lori has made significant contributions to the organization's growth and profitability. Her strategic sourcing initiatives have resulted in substantial cost savings, allowing the company to offer competitive prices while maintaining healthy profit margins. Lori's ability to identify and capitalize on emerging market trends has enabled Furniture Row Companies to consistently stay ahead of the competition, offering a diverse and appealing product selection to its customers.

Conclusion

With over 20 years of experience in the furniture industry, Lori Grafton is a seasoned and respected Buyer and Senior Buyer at Furniture Row Companies. Her deep industry knowledge, strategic decision-making, and strong vendor relationships have been instrumental in driving the company's success. Lori is poised to continue her professional trajectory, leveraging her expertise to further enhance Furniture Row Companies' market position and deliver exceptional value to its customers.