ReposiTrak Expands Network with 50 New Suppliers for Traceability
ReposiTrak Welcomes New Suppliers to Traceability Network
ReposiTrak (NYSE: TRAK), the world’s largest food traceability and regulatory compliance network, has announced that it is set to add 50 prominent suppliers to its ReposiTrak Traceability Network (RTN). These new members will significantly streamline the exchange of essential, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains. This proactive approach ensures enhanced compliance ahead of the upcoming January 2026 requirements.
Supplier Diversity and Quality
The 50 suppliers joining this initiative include three standout companies recognized for their innovative ideas and commitment to quality. One of these groups utilizes chickpeas to craft plant-based comfort foods, becoming a leader in the U.S. pasta market. Another prominent supplier is known internationally for its sustainable plant-based proteins, focusing on minimizing environmental impact. In addition, a well-established player, with over 35 years of experience, specializes in organic and vegetarian meals, offering a range exceeding 250 homestyle products available around the globe.
Benefits of Joining the Network
Randy Fields, chairman and CEO of ReposiTrak, emphasized the significant advantages for these suppliers: “By joining the queue for the ReposiTrak Traceability Network, these 50 suppliers will be able to share traceability data seamlessly with any of their customers in the network.” With this network, ReposiTrak ensures all suppliers can share their necessary traceability information in accordance with FSMA 204 requirements and accommodate customer demands that frequently exceed even FDA guidelines.
Streamlined Connectivity and Cost-effective Solutions
The ReposiTrak Traceability Network stands out because it requires no additional hardware or software. The dedicated ReposiTrak team is ready to assist suppliers in establishing the necessary connections dictated by the new regulations. Furthermore, suppliers have the opportunity to link with an unlimited number of trading partners while enjoying the benefit of a low, flat fee.
About ReposiTrak
ReposiTrak (NYSE: TRAK) specializes in providing a comprehensive solution suite for retailers, suppliers, food manufacturers, and wholesalers. Their goal is to mitigate risks while ensuring compliance with regulatory standards, enhancing operational controls, and bolstering sales through exceptional brand protection. The company's offerings consist of three primary product families: food traceability, compliance and risk management, and supply chain solutions, all supported by an exceptional team of industry experts. For additional details, please visit https://repositrak.com.
Frequently Asked Questions
1. What is the ReposiTrak Traceability Network?
The ReposiTrak Traceability Network (RTN) is a platform that allows suppliers to share traceability data required by FDA regulations with their customers.
2. How many suppliers are joining the ReposiTrak network?
ReposiTrak is adding 50 new suppliers to its traceability network to enhance food safety and compliance measures.
3. What are Key Data Elements (KDEs)?
KDEs are essential pieces of data that suppliers must provide for each Critical Tracking Event (CTE) to ensure compliance with regulatory standards.
4. Who is the CEO of ReposiTrak?
Randy Fields is the chairman and CEO of ReposiTrak, overseeing the company's strategic initiatives.
5. Is any special software needed to join the network?
No special hardware or software is required to join the ReposiTrak Traceability Network, simplifying the onboarding process for suppliers.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.