25 Diverse Grocery Suppliers Queue Up for ReposiTrak’s Rapidly Expanding Food Traceability Network
23 Julio 2024 - 6:00AM
Business Wire
As regulatory deadlines approach, 25 grocery
suppliers from various sectors align with ReposiTrak for its
state-of-the-art, hardware-free traceability solutions
ReposiTrak (NYSE:TRAK), the world’s largest food traceability
and regulatory compliance network, leveraging its established
inventory management and out-of-stock reduction SaaS platform, is
preparing to welcome 25 various new grocery suppliers into the
queue for the ReposiTrak Traceability Network® (RTN). These new
members will efficiently exchange intricate, FDA-required Key Data
Elements (KDEs) for each Critical Tracking Event (CTE) in their
supply chains, ensuring proactive compliance well before the
January 2026 deadline.
Among the 25 grocery suppliers specializing in various
categories are nationally recognized companies with rich histories.
The first, a cornerstone in the soup industry, is famed for its
wide array of canned soups and broths, a staple in households for
over a century. The second, a leader in fresh produce, is known for
its extensive selection of pre-packaged salads and fresh
vegetables, innovating in agricultural practices since its
inception. The third, renowned for its signature iced tea
beverages, has been a cultural icon with its affordable,
large-volume offerings since its debut in the early 1990s.
“The growing participation in our ReposiTrak Traceability
Network reflects a significant shift; retailers increasingly
mandate traceability for all products, far beyond the FDA-mandated
list,” stated Randy Fields, chairman and CEO of ReposiTrak. “Our
system is perfectly equipped to exceed these extensive retailer
demands, offering full traceability solutions for any supplier,
regardless of their product category.”
The ReposiTrak Traceability Network requires no additional
hardware or software and the ReposiTrak team assists in making the
connections needed under the new regulation. Suppliers can connect
to an unlimited number of trading partners and share data for a
low, flat fee.
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/20240723670632/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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