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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 | 21:01:02 |
Joining 7 other wholesalers and distributors already connecting ReposiTrak, the wholesaler adds more than 250 retail stores and 300 suppliers to the world's largest and fastest-growing traceability network
ReposiTrak (NYSE: TRAK), the world's leader in food traceability and regulatory compliance, leveraging its comprehensive inventory management and out-of-stock reduction SaaS platform, welcomes a new wholesaler to the ReposiTrak Traceability Network® (RTN). The wholesaler will use RTN to collect and store the intricate, FDA-required Key Data Elements (KDEs) for thousands of its suppliers in advance of the January 2026 deadline.
Most of the wholesaler’s 300 suppliers are required under the FDA’s FSMA 204 traceability law to share KDEs every time a shipment is sent. As these suppliers join RTN, they will have the ability to share KDEs with this wholesaler and also with their other customers. With the recent addition of over 250 stores, a significant portion of retail grocery locations now utilize RTN to meet and surpass the traceability requirements of FSMA 204.
"By joining the ReposiTrak Traceability Network, this leading wholesaler can now ensure unparalleled food safety and FSMA 204 compliance across its supply chain," stated Randy Fields, chairman and CEO of ReposiTrak. "Our solution enables seamless data exchange, real-time visibility and proactive compliance with FDA regulations, empowering every partner in our network to operate more efficiently and securely. We are proud to provide a scalable solution that meets the evolving needs of the entire food industry."
The ReposiTrak Traceability Network is free for retailers and wholesalers and suppliers pay a nominal, per-facility fee to connect to an unlimited number of in-network customers. No additional hardware or software is required and the ReposiTrak team assists in making the connections needed under the FSMA 204 food traceability law.
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/20240521600986/en/
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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