Ahead of regulatory deadlines, 60 innovative food suppliers are queued to join ReposiTrak for its innovative, hardware-free traceability solutions
SALT LAKE CITY, April 29, 2025--(BUSINESS WIRE)--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 add 60 new innovative food suppliers to the queue of companies joining the ReposiTrak Traceability Network® (RTN). These companies will efficiently exchange intricate, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, with the goal of meeting traceability requirements before the FDA’s 2028 deadline.
Among the 60 recently added food suppliers are companies known for pioneering product innovation. One offers chef-crafted premium meat snacks celebrated for their tender texture and bold flavor. Another, founded in 2014, is a leading health and wellness company offering a variety of products ranging from protein bars and supplements to coffee. A third is a New York-based cookie company offering classic favorites made gluten-free with inventive flavor twists.
"Traceability is becoming a critical part of doing business in the food supply chain and suppliers are recognizing the value of a solution that’s easy to use, low-cost and effective," stated Randy Fields, chairman and CEO of ReposiTrak. "Our hardware-free model makes it possible for suppliers to share traceability data with any retailer, whether or not they require the use of ReposiTrak for traceability."
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/20250429636657/en/
Contacts
Investor Relations Contact:
John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR
Rob Fink
646.809.4048
rob@fnkir.com
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。