ReposiTrak Adds 50 New Dairy and Dairy-Alternative Suppliers to the Queue for the Rapidly Expanding Food Traceability Network
31 December 2024 - 11:00PM
Business Wire
Ahead of regulatory deadlines, 50 Dairy and
Dairy-Alternative companies are queued to 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
preparing to welcome 50 new dairy and dairy-alternative suppliers
into the queue for 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 are 3 standout members with a rich
history. One is a Wisconsin-based, family-owned cheesemaker founded
more than a century ago, now recognized as one of the nation’s top
premium cheese and whey products makers. Another is a U.S.-based
cooperative founded in 1938, consisting of 600 farm families and
7,000 associates. With award-winning milk, cheese, and other dairy
products, it serves 30% of the U.S. market while emphasizing
sustainable dairy practices. The third is a Swedish pioneer in
plant-based alternatives, with its oat-based products available
internationally.
“ReposiTrak’s network, the largest operational traceability
network, is helping dairy and plant-based suppliers achieve
seamless compliance with FDA regulations and retailer traceability
requirements,” stated Randy Fields, chairman and CEO of ReposiTrak.
“By joining the network, these suppliers can efficiently share
traceability data with an unlimited number of in-network customers,
all without the need for 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
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version on businesswire.com: https://www.businesswire.com/news/home/20241231497178/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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