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Product Buyer - Parts & Accessories

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Erik's Bike Shop Inc
Full Time position
Listed on 2026-01-14
Job specializations:
  • Retail
    Merchandising, Supply Chain / Intl. Trade
  • Business
    Supply Chain / Intl. Trade
Salary/Wage Range or Industry Benchmark: 50000 - 70000 USD Yearly USD 50000.00 70000.00 YEAR
Job Description & How to Apply Below

Product Buyer Position Profile

Updated: 12/29/2025

Reports To: Director of General Merchandise

FLSA Status: Full-Time Exempt

Summary

This position is for a Product Buyer for bicycle parts and accessories. The successful candidate will be responsible for growing ERIK's business within assigned categories, the day-to-day operations of these categories, and additional purchasing tasks as assigned. Cycling enthusiasts who are self-starters with strong analytical and organizational skills and a passion for active specialty retail will find this position rewarding.

Position Details Open To Buy / Inventory Management
  • Maximize margin dollars
  • Source and maintain relevant product assortment for each ERIK's location
  • Develop and execute strategy to enhance sales and address slow moving product
  • Keep inventory dollar levels within budgets
  • Negotiate contract terms
  • Establish and maintain vendor relationships
Planning & Forecasting
  • Plan category assortment and develop sales strategy across all channels through product sourcing, development, positioning and pricing
  • Analyze industry, competition, and category trends to identify new product opportunities
  • Plan product mix to align with diverse market needs
  • Develop and execute promotional and markdown strategies
  • Forecast and control inventory levels by store to achieve sales goals
Database Management
  • Set and monitor model stock points
  • Maintain current item catalogue with organized vendor and product information
  • Price product appropriately
  • Coordinate with Accounting to rectify outstanding, open and unmatched receiving logs and invoices
Inventory Replenishment
  • Review and distribute inventory to ensure each location has an adequate and timely selection
  • Create and submit accurate and timely purchase orders
  • Review order confirmations for terms and shipping accuracy prior to order release
  • Manage backorders and find product substitutes as needed
  • Collaborate with distribution to ensure product flows from purchase order to receiving to stores in a timely manner
Communication
  • Provide staff with timely and relevant product and pricing updates
  • Coordinate with other departments and stores as needed
  • Report category and inventory benchmarks to Director of General Merchandise
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