50 Suppliers of Products Containing Nut Butters Join ReposiTrak’s Rapidly Expanding Food Traceability Network
17 December 2024 - 11:00PM
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.
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 https://repositrak.com
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version on businesswire.com: https://www.businesswire.com/news/home/20241217020467/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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