ETFOptimize | High-performance ETF-based Investment Strategies

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


ETFOptimize | HOME
Close Window

ReposiTrak & Upshop Eliminate Gaps in Traceability with an End-to-End Solution

The recently announced partnership between ReposiTrak (NYSE: TRAK), the world’s largest food traceability network, and Upshop, the technology leader in store operations for food retail, effectively ends the need for retailers to cobble together traceability solutions for FSMA 204. Retailers can leverage existing supply chain data from ReposiTrak and in-store technology from Upshop for seamless, source-to-store traceability that’s fast and easy to implement.

“Retailers had been addressing traceability in fragments to this point, collecting data from various Critical Tracking Events through various systems and solutions, and failing to put the pieces together,” explained ReposiTrak Chairman and CEO Randy Fields. “For years, we’ve been building a network of thousands of suppliers working to share supply chain traceability data. At the same time, Upshop has been perfecting in-store technology. When leveraged together, the retailer gets a full, end-to-end traceability solution.”

For retailers, the key benefits of the partnership are:

  • Supply chain traceability data through ReposiTrak, who operates the world’s largest supply chain database.
  • Integrated store-level receiving from Upshop for:
    • Receipts from DSD, DC, commissary and store-to-store transfers
    • In-store transformations (e.g., lettuce used in sandwiches)
  • Meeting the requirements of the FDA’s FSMA 204 final rule on food traceability
  • Improved order and invoice reconciliation
  • Strengthened food safety and customer trust

“With less than a year until enforcement begins, retailers finally have access to a connected, proven traceability solution,” said Upshop Chief Innovation and Strategy Officer Mark Hawthorne. “Both technologies have been used throughout the industry for years, and there’s no need for retailers to keep searching for new or otherwise untested solutions. When you work with ReposiTrak and Upshop together, you get a source-to-store traceability solution.”

For more information, retailers are invited to attend a FREE upcoming webinar:

ASK US ANYTHING | TRACEABILITY: How Retailers Can Solve Source-to-Store Traceability for FSMA 204

Wednesday, February 12, 2025

2:00 – 3:00 p.m. Eastern

Join Upshop Vice President of Customer Success Lauren Kennedy and ReposiTrak Chief Customer Officer Derek Hannum as they address your questions about simplifying compliance and getting ready for FSMA 204.

Register here: https://attendee.gotowebinar.com/register/2760259515033038936?source=PR

About Upshop

Upshop is the foremost provider of a SaaS platform designed to streamline forecasting, ordering, production, and inventory optimization processes for food retailers. Its unified platform simplifies and enhances associate tasks, promoting smarter and more interconnected operations across Fresh, Center, DSD, and eCommerce departments. With over 450+ retailers and 50,000+ stores relying on its mission-critical operations platform globally, customers have witnessed substantial enhancements in sales, shrinkage reduction, food safety, and sustainability throughout their stores.

To learn more about the Total Store Operations Experience, visit https://upshop.com/, and watch customer testimonials at Upshop Total Store Operations Experience - YouTube.

About ReposiTrak

ReposiTrak (NYSE: TRAK) provides retailers, suppliers and wholesalers with a robust solution suite 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 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.