ReposiTrak Welcomes a New Wholesaler to Rapidly Expanding Food Traceability Network
21 Mayo 2024 - 6:00AM
Business Wire
Joining 7 other wholesalers and distributors
already connecting ReposiTrak, the wholesaler adds more than 250
retail stores and 300 suppliers to the world's largest and
fastest-growing traceability network
ReposiTrak (NYSE: TRAK), the world's leader in food traceability
and regulatory compliance, leveraging its comprehensive inventory
management and out-of-stock reduction SaaS platform, welcomes a new
wholesaler to the ReposiTrak Traceability Network® (RTN). The
wholesaler will use RTN to collect and store the intricate,
FDA-required Key Data Elements (KDEs) for thousands of its
suppliers in advance of the January 2026 deadline.
Most of the wholesaler’s 300 suppliers are required under the
FDA’s FSMA 204 traceability law to share KDEs every time a shipment
is sent. As these suppliers join RTN, they will have the ability to
share KDEs with this wholesaler and also with their other
customers. With the recent addition of over 250 stores, a
significant portion of retail grocery locations now utilize RTN to
meet and surpass the traceability requirements of FSMA 204.
"By joining the ReposiTrak Traceability Network, this leading
wholesaler can now ensure unparalleled food safety and FSMA 204
compliance across its supply chain," stated Randy Fields, chairman
and CEO of ReposiTrak. "Our solution enables seamless data
exchange, real-time visibility and proactive compliance with FDA
regulations, empowering every partner in our network to operate
more efficiently and securely. We are proud to provide a scalable
solution that meets the evolving needs of the entire food
industry."
The ReposiTrak Traceability Network is free for retailers and
wholesalers and suppliers pay a nominal, per-facility fee to
connect to an unlimited number of in-network customers. No
additional hardware or software is required and the ReposiTrak team
assists in making the connections needed under the FSMA 204 food
traceability law.
About ReposiTrak:
ReposiTrak (NYSE: TRAK), formerly Park City Group, provides
retailers, suppliers and wholesalers with a robust solution suite
to help reduce risk and remain in compliance with regulatory
requirements, enhance operational controls and increase sales with
unrivaled brand protection. Consisting of three product families –
food traceability, compliance and risk management and supply chain
solutions – ReposiTrak’s integrated, cloud-based applications are
supported by an unparalleled team of experts. For more information,
please visit https://repositrak.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240521600986/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
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