ReposiTrak Welcomes 50 New Dairy and Egg Suppliers to Rapidly Expanding Food Traceability Network
November 12 2024 - 7:00AM
Business Wire
Ahead of regulatory deadlines, 50 dairy and egg
suppliers join ReposiTrak for its innovative hardware-free
traceability solutions.
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 welcome 50 new dairy and egg suppliers to the ReposiTrak
Traceability Network® (RTN). These new members will efficiently
exchange intricate, FDA-required Key Data Elements (KDEs) for each
Critical Tracking Event (CTE) in their supply chains, ensuring
proactive compliance well before the January 2026 deadline.
Among the 50 new suppliers, three bring particularly rich
histories and reputations for sustainability. One supplier is a
fourth-generation, family-owned egg producer based in Arizona with
80 years of experience, now known for being one of the largest egg
producers in the U.S. Another is the world’s fourth-largest dairy
company, a cooperative of nearly 13,000 farmers, dedicated to
sustainable practices and high-quality products. The third has
pioneered ethical, pasture-raised farming practices for over 15
years, with a strong focus on sustainability and animal welfare,
and is now recognized as a leading U.S. brand of pasture-raised
eggs.
“ReposiTrak’s network, the largest operational traceability
network with over 4,000 suppliers, makes traceability simpler and
more efficient for retailers,” stated Randy Fields, chairman and
CEO of ReposiTrak. “With so many suppliers already in the network,
retailers benefit from seamless traceability data exchange without
needing additional systems or complex setups—all without any
additional hardware or software.”
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/20241112635510/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com Or FNK IR Rob Fink 646.809.4048
rob@fnkir.com
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From Oct 2024 to Nov 2024
ReposiTrak (NYSE:TRAK)
Historical Stock Chart
From Nov 2023 to Nov 2024