ReposiTrak Welcomes Retailer to Expanding Food Traceability Network
11 Giugno 2024 - 1:00PM
Business Wire
Adding Hundreds of Retail Locations and
Suppliers Strengthens ReposiTrak's Position as the World's Largest
Traceability Network
ReposiTrak (NYSE: TRAK), the world’s leader in food traceability
and regulatory compliance, leveraging its comprehensive inventory
management and out-of-stock reduction SaaS platform, welcomes a
major retailer to the ReposiTrak Traceability Network® (RTN). The
retailer will use RTN to collect and store the intricate,
FDA-required Key Data Elements (KDEs) from its hundreds of
suppliers in advance of the January 2026 deadline.
The retailer’s suppliers are joining RTN, increasing the
network’s footprint in the retail grocery sector and further
solidifying its role in enhancing traceability and food safety on a
global scale. The suppliers who join will be able to transmit KDEs
not only to this retailer, but also to other in-network retailers
and wholesalers at no additional cost. This integration streamlines
compliance processes across the board and improves efficiency.
“The ReposiTrak Traceability Network enables full compliance
with FSMA 204 regulations through automation, while enabling
traceability for any product, even those that fall outside of the
FDA’s Food Traceability List,” said Randy Fields, chairman and CEO
of ReposiTrak. “For our vast network of suppliers, retailers and
wholesalers, we simplify the process, saving time and resources for
all involved.”
The ReposiTrak Traceability Network is free for retailers and
wholesalers, and suppliers pay a nominal, per-facility fee to
connect to an unlimited number of in-network customers. No
additional hardware or software is required, and the ReposiTrak
team assists in making the connections needed to create the
complete KDE Records required under the FSMA 204 food traceability
law.
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/20240611164183/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
Grafico Azioni ReposiTrak (NYSE:TRAK)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni ReposiTrak (NYSE:TRAK)
Storico
Da Giu 2023 a Giu 2024
