ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ReposiTrak Welcomes a New Retailer to Rapidly Expanding Food Traceability Network

The Retailer Will Add More Than 150 Stores and 600 Suppliers to the Queue, Bolstering the World’s Largest and Fastest-Growing Traceability Network

ReposiTrak (NYSE: TRAK), the world’s leader in food traceability and regulatory compliance, leveraging its comprehensive inventory management and out-of-stock reduction SaaS platform, welcomes a major retailer to the ReposiTrak Traceability Network® (RTN). The retailer will use RTN to collect and store the intricate, FDA-required Key Data Elements (KDEs) for thousands of its suppliers in advance of the January 2026 deadline.

The majority of the retailer’s approximately 600 suppliers, and nearly 950 supplier facilities, are integrated with RTN enabling them to transmit KDEs, not only to this retailer but also to other partners in the network. This integration streamlines compliance processes across the board and improves efficiency. With the addition of around 150 stores, RTN significantly increases its footprint in the retail sector, further solidifying its role in enhancing traceability and food safety on a global scale.

“When retailers add their suppliers to the ReposiTrak Traceability Network, we manage the entire implementation process,” said Randy Fields, chairman and CEO of ReposiTrak. “By optimizing supplier onboarding, we ensure FSMA 204 compliance. Drawing on our extensive network of already onboarded suppliers, we accelerate the process, saving valuable time and resources.”

The ReposiTrak Traceability Network is free for retailers and wholesalers, and suppliers pay a nominal, per-facility fee to connect to an unlimited number of in-network customers. No additional hardware or software is required and the ReposiTrak team assists in making the connections needed under the FSMA 204 food traceability law.

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

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.