SALT LAKE CITY--(BUSINESS WIRE)--Nov 19, 2024--
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 proud to welcome 50 new seafood 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.
Among the 50 new seafood suppliers are companies with rich histories. One, founded in 1899, has become a North American leader in value-added frozen seafood with brands spanning retail and foodservice markets and a commitment to culinary trends and sustainability. Another, founded in 1981, is a proud American seafood processor known for freezing fish at peak freshness and tailoring products for regional and merchandising needs, supported by a facility sourcing locally and globally. The third, based in New Zealand, is the world’s largest producer of King salmon, with over three decades of expertise. They offer premium foodservice and retail brands while prioritizing environmental stewardship and community engagement.
“As supply chain transparency becomes increasingly critical, ReposiTrak’s traceability solution empowers suppliers to meet both FDA and retailer requirements seamlessly,” stated Randy Fields, chairman and CEO of ReposiTrak. “By joining the ReposiTrak Traceability Network, seafood suppliers can now efficiently share Key Data Elements for any Critical Tracking Event - all without additional hardware or software.”
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) provides retailers, suppliers, food manufacturers 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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CONTACT: Investor Relations Contact:
John Merrill, CFO
Investor-relations@repositrak.comOrFNK IR
Rob Fink
646.809.4048
rob@fnkir.com
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