ReposiTrak Adds 20 New Baked Goods Suppliers to Rapidly Expanding Food Traceability Network
April 30 2024 - 7:00AM
Business Wire
ReposiTrak makes 31st new member announcement
since September, this time welcoming 20 baked goods suppliers to
the world’s largest 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 20 new baked goods 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.
More than 4,000 suppliers are connecting to RTN, making the
solution even easier and more effective for retailers and
wholesalers. Many of the 20 new baked goods suppliers joining RTN
use ingredients on the FDA’s Food Traceability List such as shell
eggs and nut butters. RTN enables the suppliers to comply with FSMA
204 regulations and also to adhere to the additional traceability
requirements of their retail and wholesale customers. The suppliers
include one of the world's largest snack companies with a broad
spectrum of popular snack brands, alongside specialty bread
providers and a variety of treat and dessert suppliers, some
boasting traditions that stretch back to the late 1800s.
"To avoid the risk of overlooking any ingredients from the Food
Traceability List, retailers are intensifying their traceability
demands," stated Randy Fields, Chairman and CEO of ReposiTrak. "RTN
works for any type of food, and we can take in data in any format,
ensuring all suppliers meet these critical requirements
efficiently."
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/20240430004847/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
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