ReposiTrak Traceability Network Adds First Fresh-Cut Produce Supplier and Nut Butter Supplier
October 10 2023 - 8:00AM
Business Wire
The growing FSMA 204 food traceability
platform has signed suppliers of fresh-cut vegetables and nut
butters.
Park City Group, Inc. (NASDAQ: PCYG), parent company of
ReposiTrak, 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 two suppliers who became the first in two Food Traceability List
(FTL) categories to join the ReposiTrak Traceability Network®
(“RTN”). The new users will exchange the 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 suppliers will use RTN to do traceability with an in-network
retail grocery chain and grocery supply chain company; the users
include:
- A Colorado-based chocolate company using Nut Butters as
ingredients in multiple products
- A California-based company that harvests fresh-cut leafy greens
and combines with other FTL foods for packaged salad kits
“FSMA 204 requires additional recordkeeping for whole FTL foods,
and when those foods are used as ingredients,” said Randy Fields,
ReposiTrak chairman and CEO. “RTN automates traceability, so that
KDEs follow the product in the easiest way possible, and at the
lowest cost.”
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 Park City Group:
Park City Group, Inc. (NASDAQ:PCYG), the parent company of
ReposiTrak, Inc., a compliance, supply chain, and e-commerce
platform that enables retailers, wholesalers, and their suppliers,
to accelerate sales, control risk, and improve supply chain
efficiencies. More information is available at
www.parkcitygroup.com and www.repositrak.com.
Specific disclosure relating to Park City Group, including
management's analysis of results from operations and financial
condition, are contained in the Company's annual report on Form
10-K for the fiscal year ended June 30, 2023, and other reports
filed with the Securities and Exchange Commission. Investors are
encouraged to read and consider such disclosure and analysis
contained in the Company's Form 10-K and other reports, including
the risk factors contained in the Form 10-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20231010380123/en/
Investor Relations: John Merrill, CFO
Investor-relations@parkcitygroup.com Or FNK IR Rob Fink
646.809.4048 rob@fnkir.com
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