We give a bijective proof of Macdonald's reduced word identity using pipe dreams and Little's bumping algorithm. This proof extends to a principal specialization due to Fomin and Stanley. Such a proof has been sought for over 20 years. Our bijective tools also allow us to solve a problem posed by Fomin and Kirillov from 1997 using work of Wachs, Lenart, Serrano and Stump. These results extend earlier work by the third author on a Markov process for reduced words of the longest permutation.