ReposiTrak Welcomes 50 New Nut Butter Product Suppliers to Rapidly Expanding Food Traceability Network
26 Novembro 2024 - 9:00AM
Business Wire
Ahead of regulatory deadlines, 50 nut butter
product 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 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.
Among the 50 new suppliers, three especially reflect the
diversity and strength represented in this group. One is the
world’s largest food and beverage company, founded more than 150
years ago, and globally recognized for its portfolio covering
almost every food and beverage category. Another is a Belgium-based
innovator in indulgent and natural snacking, founded in 1932, with
a collection of well-known snack food brands. The third is a
U.S.-based leader in snack foods, established in 1913, with a broad
portfolio of products including pretzels, sandwich crackers, potato
chips, cookies, popcorn, and nuts distributed globally.
“Suppliers are joining not just to meet FDA requirements, but
also to align with the stricter demands of many retailers,” stated
Randy Fields, chairman and CEO of ReposiTrak. “Nut butters are a
perfect example, as they’re used in a wide range of foods across
stores, and many retailers now require traceability for all
products on their shelves. ReposiTrak ensures seamless traceability
for everyone, meeting both regulatory and customer
requirements.”
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
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version on businesswire.com: https://www.businesswire.com/news/home/20241126116079/en/
Investor Relations Contact: John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR Rob Fink 646.809.4048 rob@fnkir.com
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