25 Snack Food Suppliers Queue Up for ReposiTrak’s Rapidly Expanding Food Traceability Network
06 Agosto 2024 - 6:00AM
Business Wire
As regulatory deadlines approach, 25 snack food
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 new snack food 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 snack food suppliers specializing in various
categories are nationally recognized companies with rich histories
and iconic products. The first is known for its granola bars, which
have become synonymous with health-conscious snacking since its
founding two decades ago. The second, a pioneering force in the
breakfast and snack sector, has been a household name for over a
century with its innovative cereals and convenience foods. The
third company, known for a broad portfolio of beloved snack brands,
has been a staple in homes worldwide for decades.
"Many retailers are realizing that a wide array of products,
especially in the snack category, contain ingredients from the
FDA's Foods Traceability List. Rather than risk missing those
foods, the safest and most straightforward approach to compliance
is to implement traceability across all products," stated Randy
Fields, chairman and CEO of ReposiTrak. "The ReposiTrak
Traceability Network is ideally equipped to seamlessly exchange all
the necessary data required by both the FDA and individual
retailers, ensuring complete compliance and safety."
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/20240806195261/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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