ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

TRAK ReposiTrak Inc

22.85
-0.35 (-1.51%)
28 Nov 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
  -0.35 -1.51% 22.85 23.245 22.5621 23.17 55,335 01:00:00

ReposiTrak Welcomes 50 New Suppliers Featuring Nut Butter Products to Rapidly Expanding Food Traceability Network

05/11/2024 12:00pm

Business Wire


ReposiTrak (NYSE:TRAK)
Historical Stock Chart


From Nov 2024 to Nov 2024

Click Here for more ReposiTrak Charts.

As regulatory deadlines approach, 50 suppliers of products containing nut butter join ReposiTrak to harness its innovative, hardware-free traceability solutions

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 suppliers of nut butter products 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 new suppliers are brands celebrated for quality and health-focused products. One, producing over 400 different products ranging from gluten-free and organic to various grains, bars, cereals and more for over 45 years. Another, specializing in avocado-based products and premium nut butters, brings a focus on healthy fats and simple ingredients to support wellness-focused consumers. A third, specializing in plant-based, health-forward bars and snacks for over 20 years, serves wellness-conscious consumers with a commitment to sustainability and ethical sourcing.

“ReposiTrak’s hardware-free solution is perfectly suited for all food suppliers as the need for comprehensive traceability expands across product categories,” stated Randy Fields, chairman and CEO of ReposiTrak. “With FDA Food Traceability List items, like nut butters and other ingredients used widely throughout the supermarket, many retailers are extending traceability to all foods to capture every item containing traceable ingredients and reduce compliance risks. Our solution ensures suppliers meet both FDA and retailer requirements, 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

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

Or FNK IR Rob Fink 646.809.4048 rob@fnkir.com

1 Year ReposiTrak Chart

1 Year ReposiTrak Chart

1 Month ReposiTrak Chart

1 Month ReposiTrak Chart

Your Recent History

Delayed Upgrade Clock