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Southeastern Grocers Expands Its Diverse Supplier Program With ReposiTrak
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Southeastern Grocers Inc. (SEG) is partnering with ReposiTrak to enhance purchasing from diverse and underrepresented suppliers through the ReposiTrak MarketPlace. This automated solution enables suppliers to showcase unique products without costs, streamlining the procurement process for SEG's grocery brands, including Fresco y Más and Winn-Dixie. SEG aims to improve product offerings to meet customer preferences while fostering a culture of inclusion.
ReposiTrak provides a comprehensive solution suite to enhance compliance, operational controls, and sales for retailers and suppliers.
Positive
SEG aims to promote diversity in sourcing suppliers, enhancing its product offerings.
The partnership with ReposiTrak facilitates easier access for diverse suppliers to reach retailers.
Negative
None.
ReposiTrak enables SEG to find and source products from more businesses with diverse and minority ownership
JACKSONVILLE, Fla. & SALT LAKE CITY--(BUSINESS WIRE)--
Southeastern Grocers Inc. (SEG), parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is using ReposiTrak MarketPlace to increase its purchasing from businesses with diverse and underrepresented ownership. With ReposiTrak MarketPlace, SEG is implementing an automated solution that makes it easier for diverse and underrepresented suppliers to introduce their unique product offerings and special certifications, with no associated costs.
“Working with ReposiTrak to tailor internal practices allows us to find and contract with more diverse suppliers,” said SEG Chief Merchandising Officer Dewayne Rabon. “This new partnership with ReposiTrak helps offer customers throughout the Southeast with the most relevant products that best suit their tastes and preferences.”
ReposiTrak MarketPlace helps vendors build a profile and connect to retailers that are interested in selling their products. Retailers can search for products and categories, apply filters to find exactly what they need and ultimately contact new suppliers. Vendors can design MarketPlace features that highlight their specific characteristics and qualifications.
“Delivering high-quality products and services reliably to customers at three brands across five southeastern states requires incredible coordination,” said ReposiTrak Chairman and CEO Randy Fields. “Southeastern Grocers raises the bar by simultaneously committing to a corporate culture of belonging, inclusion and diversity. ReposiTrak is committed to making the partnership with SEG work so the retailer’s goal for a more diverse supplier base through an automated solution is met.”
About Southeastern Grocers, Inc.
Southeastern Grocers Inc. (SEG), parent company and home of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is one of the largest conventional supermarket companies in the U.S. SEG grocery stores, liquor stores and in-store pharmacies serve communities throughout the five southeastern states of Alabama, Florida, Georgia, Louisiana and Mississippi. Fresco y Más, Harveys Supermarket and Winn-Dixie are well-known and well-respected regional brands with deep heritages, strong neighborhood ties, proud histories of giving back, talented and caring associates and strong commitments to providing the best possible quality and value to customers. For more information, visit frescoymas.com, harveyssupermarkets.com and winndixie.com.
About ReposiTrak
ReposiTrak, Park City Group, Inc. (NASDAQ:PCYG), provides retailers, suppliers and wholesalers with a robust solution suite to help reduce risk and remain in compliance with regulatory requirements; enhance operational controls; source and discover new vendors; and increase sales with unrivaled brand protection. Consisting of four product families – food traceability, compliance and risk management, supply chain solutions and MarketPlace sourcing – ReposiTrak’s cloud-based platform’s integrated applications are mutually reinforcing and work synergistically to create value and positive impact. For more information, please visit https://repositrak.com/
What is the partnership between SEG and ReposiTrak about?
Southeastern Grocers Inc. is collaborating with ReposiTrak to enhance its purchasing from diverse and underrepresented suppliers using the ReposiTrak MarketPlace.
How does ReposiTrak MarketPlace benefit suppliers?
The ReposiTrak MarketPlace allows suppliers to introduce their products without associated costs, improving their chances to connect with retailers.
What brands are under Southeastern Grocers Inc.?
SEG operates several grocery brands including Fresco y Más, Harveys Supermarket, and Winn-Dixie.
What is Park City Group's stock symbol?
Park City Group, Inc. trades under the stock symbol PCYG on NASDAQ.
How does ReposiTrak support retailers?
ReposiTrak provides a suite of solutions to reduce risks, ensure compliance, and facilitate vendor connections for retailers.
