ReposiTrak Traceability Network Continues Rapid Growth with 3 New Produce Suppliers Including Indoor Grower, Ripening Operation and Large-scale Producer/Distributor
09 Januar 2024 - 1:00PM
Business Wire
ReposiTrak is doing traceability throughout
the food supply chain, while others are only talking about
it
ReposiTrak (NYSE:TRAK), the world's largest food traceability
and regulatory compliance network, built upon its proven inventory
management and out-of-stock reduction SaaS platform, today
announced the addition of a sustainable indoor produce farm, one of
North America’s largest privately-owned banana ripeners, and a
large fresh and fresh-cut produce company to the ReposiTrak
Traceability Network® (RTN). The new users will exchange complex,
FDA-required Key Data Elements (KDEs) for each Critical Tracking
Event (CTE) in the supply chain, ensuring compliance ahead of the
January 2026 deadline.
The users include:
- An Ohio-based indoor farm that uses 100% renewable energy, 95%
less water than traditional methods, and robotics to grow salad
greens, cucumbers, tomatoes and other Food Traceability List (FTL)
foods
- A fourth-generation, Chicago-based banana wholesaler and fresh
fruit distributor that uses the most advanced technology to ripen
bananas, tomatoes, mangoes, seasonal fruit and more
- One of the world’s leading producers, marketers and
distributors of high-quality fresh and fresh-cut fruit and
vegetables
“The ReposiTrak solution works for those using advanced
technologies, traditional methods, or a blended approach throughout
their operations,” said Randy Fields, chairman and CEO of
ReposiTrak. “FSMA 204 compliance is a requirement for everyone and
it’s our goal to make traceability easy and affordable for
everyone.”
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/.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240109525064/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@parkcitygroup.com
Or FNK IR Rob Fink 646.809.4048 rob@fnkir.com
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
Von Jun 2023 bis Jun 2024