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Overview of ReposiTrak
ReposiTrak is a cloud-based software as a service (SaaS) provider that specializes in delivering integrated supply chain and retail management solutions. The company offers a comprehensive, cloud-based platform that empowers retailers to efficiently search, sample, vet, onboard, and order from new suppliers, thereby expanding their local inventories while mitigating risks.
Core Business Areas
At the heart of ReposiTrak's business is its innovative marketplace, which serves as a centralized hub for connecting retailers with a wide range of suppliers. This platform is built to streamline sourcing processes and reduce supply chain expenses by automating key tasks. Through advanced commerce solutions including scan-based trading and automated ordering, ReposiTrak facilitates faster, more precise inventory management.
Risk Mitigation and Compliance
One of the standout features of ReposiTrak is its focus on risk mitigation via compliance management automation. The platform integrates compliance procedures directly into business operations, helping retailers adhere to regulatory requirements while reducing the chance of errors. The use of automated tools ensures that retailers maintain high standards of operational integrity and avoid costly delays.
Integrated Platform and Value Proposition
ReposiTrak goes beyond traditional retail technology by offering an end-to-end solution that encompasses:
- Marketplace Functionality: Enabling seamless connection with new suppliers.
- Risk Management: Incorporating compliance automation and regulatory adherence tools.
- Operational Efficiency: Providing automated ordering and scan-based trading to optimize business operations.
- Business Optimization: Delivering technical services, outsourcing, system implementations, and application hosting to support continuous improvement.
This integrated approach not only enhances operational efficiency but also positions ReposiTrak as a critical component in the dynamic retail ecosystem, enabling clients to make more informed business decisions.
Market Position and Industry Impact
Operating within the competitive landscape of retail technology, ReposiTrak stands as a vital partner for retailers seeking to manage supply chain risks and optimize vendor management. By providing a platform that centralizes and automates key processes, the company addresses core challenges faced by modern retailers. Its comprehensive suite of services allows businesses to navigate a complex market environment with enhanced clarity and operational agility.
Technology and Innovation
ReposiTrak leverages cutting-edge cloud technology to deliver a suite of tools that integrate seamlessly with existing business systems. The platform's design emphasizes scalability and ease of use, ensuring that retailers can quickly adapt to market changes and operational demands. Its technical framework supports robust data analytics and real-time operational insights, empowering users to monitor performance and adjust strategies on the fly.
Comprehensive Service Offerings
The company extends its expertise beyond mere software deployment by offering a range of auxiliary services such as:
- Implementation Support: Assisting retailers in seamlessly transitioning to the platform.
- Business Process Optimization: Helping identify areas for operational improvement.
- Technical Services and Education: Providing ongoing support, training, and hosting solutions that ensure optimal utilization of the platform's capabilities.
By addressing multiple facets of retail operations, ReposiTrak ensures that its clients receive comprehensive support, making it easier to manage the complexity of the modern supply chain while simultaneously driving down operational expenses.
Expertise and Authoritativeness
With its roots as a subsidiary of Park City Group, ReposiTrak benefits from a legacy of innovation in SaaS solutions for the consumer goods supply chain. Its expertise is reflected in the precise integration of industry-specific tools designed to address pressing challenges in retail operations. The platform’s ability to provide a consolidated view of supply chain performance, coupled with its regulatory compliance features, demonstrates a deep understanding of industry dynamics and operational risks.
Conclusion
Overall, ReposiTrak presents a sophisticated solution that bridges the gap between supply chain complexity and operational efficiency. By combining a powerful marketplace with risk management and compliance automation, the company supports retailers in expanding local inventories and streamlining vendor relationships. Its technologically advanced, cloud-based platform continues to serve as an invaluable tool in today’s challenging retail environment, ensuring that businesses remain agile, compliant, and competitively positioned.
ReposiTrak (NYSE:TRAK) has announced the addition of 50 new suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers will utilize the platform to exchange FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) ahead of the January 2026 regulatory deadline.
The new members include companies from various sectors, including a 60-year-old frozen specialty foods manufacturer, a California-based pickled products producer, and a fermented beverages maker. The network requires no additional hardware or software, offering suppliers the ability to connect with unlimited trading partners for a flat fee.
According to CEO Randy Fields, traceability requirements are expanding beyond the Food Traceability List as retailers demand greater supply chain transparency.
ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has added 50 new produce suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers will exchange FDA-required Key Data Elements for Critical Tracking Events in their supply chains, preparing for the January 2026 compliance deadline. The new members include established companies with strong regional presence, including a Southwest fresh produce distributor operating since 1943, a leading fresh-cut processor, and an organic produce specialist founded in 1976. ReposiTrak's solution requires no additional hardware or software, offering unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE:TRAK) announces the addition of 50 new nut butter product suppliers to its Traceability Network, strengthening its position as the world's largest food traceability and regulatory compliance network. The new members include major global players: the world's largest food and beverage company, a Belgian snacking innovator founded in 1932, and a U.S.-based snack food leader established in 1913.
These suppliers will exchange FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) ahead of the January 2026 deadline. The platform requires no additional hardware or software, offering unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE:TRAK) announces the addition of 50 new seafood suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers will use RTN to exchange FDA-required Key Data Elements (KDEs) for Critical Tracking Events (CTEs) ahead of the January 2026 compliance deadline. Notable additions include a North American frozen seafood leader founded in 1899, an American seafood processor established in 1981, and New Zealand's largest King salmon producer. The platform requires no additional hardware or software, offering unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE: TRAK) reported strong Q1 FY2025 results with revenue increasing 8% to $5.4 million. Operating income grew 23% to $1.5 million, while GAAP net income rose 21% to $1.7 million. The company achieved EPS of $0.09, up from $0.07 year-over-year. The company maintains a strong financial position with $25.8 million in cash and no bank debt.
Traceability onboarding reached record levels, driven by recent food safety recalls, expanded requirements from major retailers, and approaching FDA mandate deadlines. Management expects current customers, once fully onboarded, to increase revenue by approximately 50%, with projected doubling of annual recurring revenue over three years.
ReposiTrak (NYSE:TRAK) has added 50 new dairy and egg suppliers to its Traceability Network, strengthening its position as the world's largest food traceability network. Among the new members are a major fourth-generation egg producer from Arizona, the world's fourth-largest dairy cooperative with 13,000 farmers, and a leading producer of pasture-raised eggs. The network, which includes over 4,000 suppliers, enables efficient exchange of FDA-required Key Data Elements for Critical Tracking Events, helping companies achieve compliance before the January 2026 deadline. The solution requires no additional hardware or software and offers unlimited trading partner connections for a flat fee.
ReposiTrak (NYSE:TRAK) has added 50 new suppliers of nut butter products to its ReposiTrak Traceability Network® (RTN). These suppliers will exchange FDA-required Key Data Elements for Critical Tracking Events in their supply chains, preparing for the January 2026 compliance deadline. The new members include established brands with diverse product portfolios spanning gluten-free, organic, and health-focused items. ReposiTrak's hardware-free solution enables food suppliers to meet both FDA and retailer requirements through a low-cost, flat-fee system that allows unlimited trading partner connections.
ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has announced its plans to release fiscal 2025 first quarter earnings after market close on Thursday, November 14, 2024. Chairman and CEO Randall K. Fields will host a conference call at 4:15 p.m. Eastern time to discuss the results. The earnings call will be accessible via webcast and through dial-in numbers, with replay available until December 14, 2024.
ReposiTrak (NYSE:TRAK) announces the addition of 50 new dairy suppliers to its ReposiTrak Traceability Network® (RTN). These suppliers, including three century-old dairy companies, will use RTN to exchange FDA-required Key Data Elements for Critical Tracking Events ahead of the January 2026 compliance deadline. The network includes a farmer-owned cooperative specializing in cheese, a dairy cooperative founded in 1919, and a Vermont-based cream cheese producer established in 1899. ReposiTrak's solution allows suppliers to submit data in any format, ensuring compliance with both retailer and FDA requirements without additional hardware or software.
ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, has welcomed 50 new seafood suppliers to its Traceability Network (RTN). This expansion allows these suppliers to efficiently exchange FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring compliance before the January 2026 deadline.
The new members include companies focused on quality and sustainability, such as a supplier of premium wild Alaskan seafood, a fair-trade certified shrimp harvester, and a century-old innovator in crab products. ReposiTrak's hardware-free solution enables suppliers to connect with any retailer in the network, regardless of data requirements, making it a universal traceability solution that meets regulatory needs and improves operational efficiency.