Finance Research Paper Example | Topics and Well Written Essays - 2000 words

Finance - Research Paper Example 1. Distribution analysis American Eagle Outfitters (AEO) has got outlets in USA as well as in Canada. All total there are more than 900 stores in and around USA and Canada. There are more than 150 stand alone stores in USA. The compnay has presence in more than 76 different international countries. AEO produces its own products and also sells them under the same brand name. Although the products itself may have different brand name but it comes from the same fashion house. The supply chain of AEO is a two level process only. Thus, the number of intermeidaries are comparatively low. The raw matrials are sourced from 15 different suppliers and the 5 different manufacturers produce the final products. The products are shipped to the warehouses (Bethel 24). They remain in the warehouse till new order for delivery are received. The products are then shifted to the distribution centre and from the distribution centre to the airports and ports. Most of the time the products are shifted thro ugh the ports. This is because of the reason that the waterway offers the most efficient and cost effective way to transport the goods. Once the goods reach the ports, then the goods are trasported from the ports to the distribution centre (Alchain 780). The manufacturing centres are present in Pittsburgh, in USA. The goods are sent using both railway and roadway. The outlets are spread all across the States. As mentioned there are about 150 stand alone shops. The stand alone shops deal with American Eagle Outfitters products only (Betty 602). These outlets have large holding capacity of apparel products. So the products are stored on season basis. The small shops or the multi brand shops are supplied with products on a monthly basis. The stand alone shops sometime also act distribution centres for the smaller outlets or the multi brand shops. Fig 1: Distribution system Source: (Betty 607) The following diagram gives a schematic view of the supply and distribution system of AEO. The orders are processed and then sorted in order of the importance and delivery date. Then the inventory is assesed to find out how much additional orders need to be put with the manufacturers to suffice the demands (Modigliani 262). The products are then packed and kept ready to be shifted to the distribution centres in case of inland distribution (Boyd 20). If overseas distribution is involved then the products get shifted directly from the warehouses to the airports and the ports, for airlifting and transportation through waterways. Fig 2: Value chain Source: (Boyd 24) 2. Market analysis USA has one of the largest apparel market in the world. USA alone constitutes 28% of the total global market. The market value of the USA apparel is USD 331 B. The apparel industry employes about 105, 457 people on an average basis. Although the percentage share of people employed by the USA apparel market is quite small in comparison to the rest of the world (Boyd 30). This is because of the reaso n that the the percentage share denoted by USA in terms of employment size is significantly small in comparison to the huge percentage share (28%) in terms of market value. The market share is analysed by denoting the total value of all the apparels sold in each quarter as well as by

Discuss the work of an artist of your choice who engages critically Essay

Discuss the work of an artist of your choice who engages critically with the concept of fashion and consumer culture. Support yo - Essay Example And it is art through which archeologists calculate the age of a certain ‘lost’ civilization. It has been established so far that paintings are the most ancient and noble form of expression. Though art is unique to each artist but each of them fall in a certain epoch where certain trends were famous. It is important to note that these trends are largely influenced by the socio-cultural, economical and political situation of that particular place. Consider the movement of Renaissance, which took birth in Italy and later spread to the whole Europe and Britain as well. The political turmoil had given birth to a want of perfection, towards change and most importantly to a more meaningful approach of life. Towards the 16th century, the hold of the Church had also grown weak and so people started to interpret the holy book through their own intelligence. This attitude is redundant in the works of Michelangelo. Hence, art and especially fine arts gives a glimpse into the societ y as a whole and also represents the fashion of that age too. For it is impossible to ignore such impacts in the lives of human beings and since artists are sensitive beings, they are prone to changes even by the slightest notion. It may differ that whether the fine artist approves of the fashion and consumer culture or disregards it in his paintings or a sculpture, which thoroughly depends on the nature of that artist but these influences, will find their places in the nooks and crevices of the work of art. Being an artist means that they live a life of their own pattern and standard. It is universally accepted that the artists’ especially fine artists do not have a limit and that artists consider art as their religion. For this very reason, artists from various sects in the society are scorned for their waywardness which for the artist is the way of life. This being established, it can be said that most artists live a life of their own choice and that a 9-5 job cannot bound them. There are various universities in the US where 24 hour studio is available for their fine arts students. However this does not mean that the fine artist can just excel in painting and drawing but there are fields like digital and graphic painting and also art marketing where the fine art students do get white collar jobs. Hence, a clear resolution for their profession cannot be drawn with a mathematical formula. In this paper, Max Ernst’s work in regard to fashion and consumer culture shall be discussed. â€Å"Max Ernst was a German-born Surrealist who helped shape the emergence of Abstract Expressionism in America post-World War II. Armed with an academic understanding of Freud, Ernst often turned to his work-whether sculpture, painting, or collage-as a means of processing his experience in World War I and unpacking his feelings of dispossession in its wake.† (Fiedorek) He is best known for promoting collage and it is noted that before him no other fine artist had esteemed the position of a collage as a form of art. According to him, â€Å"Collage is the noble conquest of the irrational, the coupling of two realities, irreconcilable in appearance, upon a plane which apparently does not suit them.† (Rogers) It is said that a childhood trauma made him see that this world is full of different realities existing at the same time. The trauma was of losing a beloved pet and interestingly his baby sister was born that very night. This left a deep mark on him which is obvious in his works of art as