ReposiTrak Continues Rapid Growth, Adding Four New Produce Suppliers to Its Expanding Food Traceability Network
February 20 2024 - 7:00AM
Business Wire
The new suppliers join more than 1,500
facilities in the queue for the ReposiTrak Traceability Network
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,
today announced the addition of four major produce suppliers to 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.
The new members include:
- A produce supplier who, for more than 165 years, has delivered
more than 100 varieties of produce from more than 25 countries
- A fifth-generation, Mich.-based produce supplier with more than
a century of expertise in cultivating, shipping and distributing
premium-quality produce
- A family-owned Midwest farm that specializes in growing,
packing and shipping fresh potatoes for more than four decades
- A Fresno, Calif.-based fruit and vegetable company delivering
premium produce while fostering strong partnerships and upholding
the highest standards of excellence for over three decades
"Through the ReposiTrak Traceability Network, suppliers meet and
exceed the requirements of the FDA's FSMA 204 food traceability
law, meet the often-varying requirements of their customers, and
also do their part to ensure a safer food supply chain," stated
ReposiTrak Chairman and CEO Randy Fields. "Traceability data
exchange is streamlined through ReposiTrak, making it easy for
suppliers and their customers to communicate and comply."
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/20240220971540/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