ReposiTrak Adds 50 Prominent Suppliers to the Queue for the Rapidly Expanding Food Traceability Network
January 07 2025 - 6:00AM
Business Wire
Ahead of regulatory deadlines, 50 suppliers are
queued to join ReposiTrak for 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
preparing to welcome 50 new suppliers into the queue for 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 50 new suppliers are 3 standout companies with a rich
history. One creates plant-based comfort foods from chickpeas and
is a leading U.S. pasta brand. Another is a globally recognized
supplier of plant-based proteins with a focus on sustainability and
environmental impact. The third is a 35-year pioneer in organic and
vegetarian meals, offering over 250 homestyle products distributed
worldwide.
“By joining the queue for the ReposiTrak Traceability Network,
these 50 suppliers will be able to share traceability data
seamlessly with any of their customers in the network,” stated
Randy Fields, chairman and CEO of ReposiTrak. “ReposiTrak provides
traceability for everyone, ensuring that any supplier can share
their traceability information to meet not only FSMA 204
requirements but also their customers’ requirements, which often go
beyond FDA regulations.”
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250107196010/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From Dec 2024 to Jan 2025
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From Jan 2024 to Jan 2025