ReposiTrak Welcomes 50 Diverse Suppliers to Rapidly Expanding Food Traceability Network
SALT LAKE CITY--(BUSINESS WIRE)--Dec 11, 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 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 suppliers are companies with unique expertise across various industries. One supplier, founded more than 60 years ago, brings decades of experience in crafting frozen specialty foods, emphasizing quality and strong partnerships. Another, a California-based company, is recognized for its distinctive pickled products and drink mixers, celebrated for bold flavors and culinary creativity. A third is known for producing fermented beverages with a focus on health, sustainability, and the highest quality ingredients.
“Traceability requirements are expanding beyond the Food Traceability List (FTL) for FSMA 204 as retailers push for greater supply chain transparency,” stated Randy Fields, chairman and CEO of ReposiTrak. “ReposiTrak delivers traceability for everyone, ensuring compliance for any supplier and streamlining data exchange across our network.”
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
KEYWORD: UTAH UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY SOFTWARE NETWORKS FOOD/BEVERAGE INTERNET RETAIL SUPPLY CHAIN MANAGEMENT FOOD TECH
SOURCE: ReposiTrak
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