I assume you installed Node.js through Homebrew, which annoyingly puts installed npm binaries in a place that is usually not in a users path. All you have to do is to add /usr/local/share/npm/bin
to your $PATH. You do that by adding export PATH=/usr/local/share/npm/bin:$PATH
to your .bashrc/.bash_profile/.zshrc file.
Although I would rather uninstall the Homebrew installed Node.js and install it with the installer from nodejs.org which doesn't have this problem.
This problem is not Bower specific and will be noticeable with any globally installed Node.js binary, eg. grunt, uglify, jshint, etc.
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