By adding hundreds of retailers and suppliers, ReposiTrak strengthens its position as the world's largest traceability network
SALT LAKE CITY, June 11, 2024–(BUSINESS WIRE)–ReposiTrak (NYSE: TRAK), a global leader in food traceability and regulatory compliance, has leveraged its comprehensive inventory management and out-of-stock reduction SaaS platform to welcome leading retailers into the ReposiTrak Traceability Network® (RTN). Retailers use the RTN to collect and store complex FDA-required Key Data Elements (KDEs) from hundreds of suppliers ahead of the January 2026 deadline.
A retailer's suppliers joining the RTN expands the network's footprint in the retail grocery sector and further strengthens its role in enhancing traceability and food safety globally. Participating suppliers can submit their KDE to this retailer, as well as to other retailers and wholesalers in the network at no additional cost. This integration streamlines the overall compliance process and improves efficiency.
“The ReposiTrak Traceability Network provides full compliance with FSMA 204 regulations through automation, enabling traceability of any product, even those not included on the FDA's food traceability list,” said Randy Fields, chairman and CEO of ReposiTrak. “Our vast network of suppliers, retailers and wholesalers simplifies the process, saving time and resources for everyone involved.”
The ReposiTrak Traceability Network is free for retailers and wholesalers, and suppliers pay a small fee per facility to connect to an unlimited number of in-network customers. No additional hardware or software is required. The ReposiTrak team will assist you with the connections necessary to create a complete KDE record as required by FSMA 204 Food Traceability Act.
About ReposiTrak:
ReposiTrak (NYSE: TRAK), formerly Park City Group, provides retailers, suppliers and wholesalers with a robust suite of solutions that help them mitigate risk, comply with regulatory requirements, gain greater operational control and increase sales with unmatched brand protection. Comprised of three product families – Food Traceability, Compliance & Risk Management, and Supply Chain Solutions – ReposiTrak's integrated, cloud-based applications are supported by an unmatched team of experts. To learn more, visit https://repositrak.com.
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