Repositrak Inc.

12/17/2024 | Press release | Distributed by Public on 12/17/2024 08:39

50 Suppliers of Products Containing Nut Butters Join ReposiTrak’s Rapidly Expanding Food Traceability Network

Salt Lake City, UT - December 17, 2024 - 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 nut butter product 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.

The latest additions to the network include companies known for their extensive product portfolios and enduring legacies. One has a portfolio of more than 100 globally recognized brands, with roots stretching back more than 150 years. Known for quality and innovation, this company has developed products that have redefined categories and served generations. Another is a leader in delivering a diverse range of trusted and innovative food brands across numerous categories, building a reputation for quality, reliability, and versatility. The third is an industry-leading snacks company with more than 125 years of history, known for its iconic and recognizable brands and its commitment to quality and sustainability.

"With the ability to connect and meet both FDA and retailer traceability requirements, our solutions ensure traceability for everyone, helping suppliers of all sizes achieve compliance and strengthen supply chain connections." stated Randy Fields, chairman and CEO of ReposiTrak.

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 repositrak.com.