Financial News
ReposiTrak Adds 20 New Dairy Suppliers to the Queue to the Rapidly Expanding Food Traceability Network
ReposiTrak is set to enhance its roster with 20 Dairy companies connecting to the world’s largest and fastest-growing 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, is preparing to welcome 20 new dairy companies into 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 latest additions to the network include leading yogurt producers, esteemed cheese artisans, and cooperative dairy ventures. Among the yogurt producers is America's No. 1 yogurt brand. In the cheese category, a pioneering company has been at the forefront since 1953, known for creating the world's first successful prepackaged sliced and shredded natural cheeses. Additionally, several of the cooperative ventures joining have been foundational in the dairy industry for over a century, showcasing a legacy of collaboration and quality that spans generations.
"As we continue to expand our network, we are adding partners who significantly elevate the standards of dairy traceability," stated Randy Fields, chairman and CEO of ReposiTrak. "Our platform is uniquely designed to accommodate the diverse and expansive needs of the dairy industry, ensuring rigorous compliance and enhanced supply chain transparency."
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/20240522626374/en/
Contacts
Investor Relations Contact:
John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR
Rob Fink
646.809.4048
rob@fnkir.com
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.