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TRAK ReposiTrak Inc

15.87
-0.04 (-0.25%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ReposiTrak Inc NYSE:TRAK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.25% 15.87 15.99 15.60 15.86 37,799 22:40:06

ReposiTrak Adds 10 New Suppliers to Its Rapidly Expanding Food Traceability Network

12/03/2024 11:00am

Business Wire


ReposiTrak (NYSE:TRAK)
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ReposiTrak makes 23rd new member announcement since September, now welcoming an assortment of 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 ten produce 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:

  • Two pasture-raised and free-range egg suppliers
  • A global seafood importer, distributor, and marketer based in California
  • A salmon supplier from Chile, recognized as the world’s second largest producer
  • A N.M.-based supplier of Hatch chilies operating since 1992
  • A Fl.-based vegetable wholesaler operating for more than 50 years
  • The largest produce distributor for the Midwest and central Canadian regions
  • The largest importer of Chilean Kiwifruit, Asian Pears, and Quince
  • A S.C.-based vegetable supplier with roots stretching back nearly a century
  • A Calif.-based importer, marketer, and shipper of fruit cultivating global partnerships for more than 25 years

"The ReposiTrak Traceability Network works for full, end-to-end traceability or, a more modular approach," emphasized ReposiTrak CEO Randy Fields. “These 10 suppliers joined because they were invited by one or more of their customers. However, we welcome suppliers to join who are ready to use traceability as a competitive advantage.”

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 begin sharing data for a low, flat fee and there is no cost to retailers.

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

Investor Relations Contact: John Merrill, CFO Investor-relations@parkcitygroup.com

Or FNK IR Rob Fink 646.809.4048 rob@fnkir.com

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