ReposiTrak Welcomes 50 New Dairy Product Suppliers to Rapidly Expanding Food Traceability Network
October 29 2024 - 6:00AM
Business Wire
As regulatory deadlines approach, 50 dairy
suppliers 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 new dairy suppliers 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 50 companies joining the network represent a diverse range
of established brands in the dairy sector. Among them are three
featured suppliers, each with over a century of expertise. These
include a farmer-owned cooperative with more than 100 years of
cheesemaking experience and a commitment to a reliable supply
chain, a dairy cooperative founded in 1919 with a longstanding
dedication to quality and award-winning products, and a
Vermont-based cream cheese producer established in 1899 that
combines traditional methods with innovative products like
yogurt-based cream cheese. Each of these companies can now
seamlessly share traceability data across the ReposiTrak
network.
“Suppliers today are tasked with providing data that meets the
specific requirements of each retailer, as well as FDA
requirements,” stated Randy Fields, chairman and CEO of ReposiTrak.
“With ReposiTrak, suppliers can submit data in any format, and our
solution ensures it aligns with both retailer and FDA requirements,
streamlining compliance and simplifying data exchange across their
networks.”
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
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version on businesswire.com: https://www.businesswire.com/news/home/20241029157161/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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