More jobs:
Product Buyer - Parts & Accessories
Job in
Minneapolis, Hennepin County, Minnesota, 55400, USA
Listed on 2026-01-14
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
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
SummaryThis 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
- 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
- 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
- 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
- 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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