Four New Produce Companies Join Expanding ReposiTrak Traceability Network to Share Traceability Data With Retailers, Wholesalers
January 16 2024 - 7:00AM
Business Wire
With supplier base in the thousands,
ReposiTrak enables exchange of Key Data Elements that meet and
exceed FDA requirement
ReposiTrak (NYSE: TRAK), the world's largest food traceability
and regulatory compliance network, built upon its proven inventory
management and out-of-stock reduction SaaS platform, today
announced the addition of four unique produce companies to the
ReposiTrak Traceability Network® (RTN). The new users will exchange
complex, FDA-required Key Data Elements (KDEs) for each Critical
Tracking Event (CTE) in the supply chain, ensuring compliance ahead
of the January 2026 deadline.
The users include:
- A third-generation farming operation producing conventional,
organic and private label vegetables and ready-to-eat salad kits
from the Salinas Valley in California to Yuma, Arizona
- A Rio Rico, Arizona-based wholesaler of fruits and vegetables
focused on an efficient buying experience for its customers
- A grower, shipper, repacker, and supply chain manager of fresh
fruits and vegetables with a network of global and local Midwest
family farms in operation since 1949
- A California-based grower, packer and shipper of more than 15
million cartons of fresh fruit annually, sourced from local and
international farms to serve its North America base
“Traceability is required by law for an enormous amount of whole
and fresh cut fruits and vegetables. Retailers and wholesalers in
the ReposiTrak Traceability Network are taking action,” said Randy
Fields, chairman and CEO of ReposiTrak. “Some are doing
traceability with us for the entire produce category, not just Food
Traceability List foods.”
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 begin sharing data
for a low, flat fee and there is no cost to retailers.
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
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240116256524/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@parkcitygroup.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From Apr 2024 to May 2024
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From May 2023 to May 2024