Introduction This chapter contains the background of the study, statement of the problem, significance of the study, research objectives, research questions, scope of the study and limitations of the study. 1.1 Background to the Study Inventories are essential for the successful operation and working of all business organizations. Inventory generally refers to the materials in stock. It is also called the idle resource of an enterprise. Inventories represent those items which are either stocked for sale
INTRODUCTION TO THE COMPANY Spartan Stores Company was once a wholesale grocery cooperative has today grown to be the fifth-largest food supplier in the United States. The company is listed as one of the prestigious Fortune 400 companies as well. They are also the largest food distributor serving U.S. military commissionaires and exchanges. They own and run over 165 corporate owned grocery stores across ten states of U.S. and distribute to 2100 individual localities across more than 46 states(Spartannash