Financial News
ReposiTrak Adds 20 New Suppliers to Rapidly Expanding Food Traceability Network
ReposiTrak makes 27th new member announcement since September, this time welcoming 20 new produce and seafood companies 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 companies 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.
The new members include 17 produce suppliers specializing in Florida citrus with more than a century of expertise to suppliers of packaged fruit cultivated in the “Apple Capital of the World.” This diverse group of suppliers, which also includes cultivators of vegetables, onions, sweet potatoes, peppers and more, will now benefit from the ReposiTrak Traceability Network. Joining them are three seafood suppliers, each with over a decade of experience. These include one of the nation's leading oyster distributors, a leading supplier of frozen seafood and a specialist in frozen shrimp featuring ”Cook-In-Bag” technology.
By utilizing the ReposiTrak Traceability Network, these companies will meet FDA requirements and fulfill their customers' food traceability needs.
"We're thrilled to welcome this diverse array of suppliers to the ReposiTrak Traceability Network," stated ReposiTrak Chairman and CEO Randy Fields. "Our network extends beyond FDA-regulated food items and can cater to suppliers with customers requiring traceability on all products—a standard that is increasingly prevalent."
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20240402170386/en/
Contacts
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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