Retailers and wholesalers find that many or most of their suppliers are traceability-ready, as the industry prepares with ReposiTrak
SALT LAKE CITY--(BUSINESS WIRE)--Oct. 8, 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, has reached a major growth milestone, welcoming 4,000 food suppliers to the ReposiTrak Traceability Network® (RTN). Each supplier is in the process of connecting to RTN to share data as required under the U.S. Food and Drug Administration’s FSMA 204 food traceability final rule, making traceability easier for retailers and wholesalers.
“The industry is waking up to the fact that traceability is here. We can tell, because we’re doing it, while others are just talking about it,” said ReposiTrak Chairman and CEO Randy Fields. “Through RTN, we establish a connection with each supplier that enables them to share ALL of the FDA-required traceability data and not just what’s on the label. Suppliers can then share this data with any of their retailer or wholesaler customers, which makes it a practical solution for everyone involved.”
With a network of this size, retailers or wholesalers who are new to RTN find that many of their suppliers are already onboarding. The suppliers in the queue to connect to RTN represent each category on the FDA’s Food Traceability List (FTL) and beyond. Once connected to RTN, suppliers can efficiently exchange intricate, FDA-required Key Data Elements (KDEs) with any of their retailer or wholesaler customers, ensuring proactive compliance before FSMA 204 enforcement begins January 20, 2026. The onboarding process for suppliers is entirely automated, no new hardware or software is required, and suppliers can share data with an unlimited number of in-network customers for one low, flat fee.
Suppliers, retailers and wholesalers interested in learning more about food traceability and the ReposiTrak Traceability Network should contact ReposiTrak Chief Customer Officer Derek Hannum at dhannum@repositrak.com.
About ReposiTrak
ReposiTrak (NYSE: TRAK), formerly Park City Group, 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.
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Derek Hannum
Chief Customer Officer
ReposiTrak
dhannum@repositrak.com
Source: ReposiTrak
