25 Grain and Baked Goods Companies Enter the Queue for ReposiTrak’s Expanding Traceability Network
19 Giugno 2024 - 1:00PM
Business Wire
Ahead of regulatory deadlines, 25 grain and
baked goods companies are queued to join ReposiTrak for its
innovative, 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 grain and baked goods companies 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 companies entering RTN, three notable manufacturers
are distinguished by their products, which often include several
ingredients from the FDA’s Food Traceability List (FTL). The first
is a food manufacturer that supplies baked goods to a variety of
category-leading companies. The second, serving the bakery industry
for more than a century, offers a broad range of products including
various fillings and mixes. The third, operating for nearly 150
years, specializes in pasta and sauces, many featuring produce also
on the FTL, ensuring compliance with traceability standards.
“Traceability is a requirement for FTL foods, even when they’re
used as an ingredient, underscoring the need to track all food
products thoroughly,” stated Randy Fields, chairman and CEO of
ReposiTrak. “Our traceability solution simplifies compliance,
allowing suppliers to share all required Key Data Elements (KDEs)
with every customer through a single connection, efficiently
meeting diverse traceability requirements.”
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/20240619245596/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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