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ReposiTrak, Inc. - TRAK STOCK NEWS

Welcome to our dedicated page for ReposiTrak news (Ticker: TRAK), a resource for investors and traders seeking the latest updates and insights on ReposiTrak stock.

ReposiTrak, Inc. (TRAK) is a prominent player in the software-as-a-service (SaaS) sector, specializing in solutions that streamline supply chain operations for retailers. As a fully owned subsidiary of Park City Group (NASDAQ: PCYG), ReposiTrak partners with retailers to boost sales, manage risks, and cut supply chain costs.

The ReposiTrak Marketplace offers a versatile platform where retailers can search, sample, vet, onboard, and order from new suppliers. This platform aims to expand local inventories and source popular items effortlessly through a cloud-based application. The company’s integrated, end-to-end innovation platform delivers an array of advanced commerce solutions such as scan-based trading and automated ordering, addressing the needs of a dynamic retail environment.

Compliance management automation is another key feature, helping businesses stay within regulatory requirements without hassle. ReposiTrak's offerings ensure that products are available when and where consumers need them, thereby enhancing operational efficiency and customer satisfaction.

In addition to these core services, ReposiTrak provides a comprehensive suite of solutions that include implementation, business optimization, outsourcing, technical services, education, and application hosting. These offerings empower clients to make better-informed decisions and stay competitive in the fast-paced retail sector.

Recent Achievements and Partnerships:

  • Enhanced cloud-based applications for better supplier management and order processing.
  • Collaborations with leading retailers to optimize supply chain operations.
  • Implementation of innovative compliance management tools to reduce regulatory risks.

For more detailed information, visit the official website at www.repositrak.com.

Rhea-AI Summary

ReposiTrak (NYSE: TRAK) has announced the inclusion of a major distributor to its rapidly expanding ReposiTrak Traceability Network (RTN). This addition will bring over 6,500 retail stores, 6,000 suppliers, and more than a dozen distribution centers into the network. The distributor will use RTN to meet FDA's Key Data Elements (KDEs) requirements ahead of the January 2026 deadline. Suppliers will share these KDEs with the distributor and other customers. ReposiTrak's platform is scalable, allowing businesses of any size to join. Retailers and wholesalers can access the network for free, while suppliers pay a small fee per facility.

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ReposiTrak, a leading food traceability and compliance network, is set to welcome 20 new seafood suppliers into its roster. These suppliers, including industry leaders in sustainability and quality, will enhance the network's reach and impact on food safety domestically and internationally. ReposiTrak simplifies compliance with FDA regulations and streamlines the onboarding process for retailers and suppliers, positioning itself as a key player in the traceability industry.

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ReposiTrak, a leading food traceability and regulatory compliance network, celebrated its progress towards advancing food safety and traceability by ringing the closing bell at the New York Stock Exchange. The company transitioned from Nasdaq to NYSE under the new ticker TRAK, marking a significant milestone. ReposiTrak offers solutions for food traceability, compliance, risk management, and supply chain operations, serving over 30,000 customers globally. The ReposiTrak Traceability Network(RTN) facilitates data exchange among food supply chain operators to comply with FDA's FSMA 204 food traceability law.

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ReposiTrak (NYSE: TRAK) will release its fiscal 2024 third-quarter earnings on May 15, 2024, followed by a conference call hosted by Chairman and CEO, Randall K. Fields, discussing the results. The call will be webcast and available on the Company's website. Participant and replay dial-in numbers are provided for convenience.

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ReposiTrak, a food traceability and compliance network, welcomes 20 new baked goods suppliers to its platform, ensuring proactive compliance with FDA regulations by exchanging Key Data Elements for Critical Tracking Events in their supply chains. The addition of these suppliers enhances the efficiency and effectiveness of the ReposiTrak Traceability Network®, benefiting retailers and wholesalers. The platform simplifies compliance with FSMA 204 regulations and additional traceability requirements for retail and wholesale customers. With over 4,000 suppliers connected, ReposiTrak provides a seamless solution for food traceability.

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Trace Register and ReposiTrak have partnered to enhance FSMA 204 compliance for retailers, wholesalers, and seafood suppliers by enabling fast and easy exchange of FDA-required Key Data Elements (KDEs) through data interoperability. This collaboration offers a seamless solution for traceability recordkeeping as mandated by the FDA's FSMA 204 food traceability law, benefiting the seafood industry and ensuring transparency across the supply chain.
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ReposiTrak, the world's largest food traceability and regulatory compliance network, adds 20 new meat, poultry, and meat alternative suppliers to its Traceability Network, meeting FSMA 204 requirements. These suppliers will exchange Key Data Elements to ensure traceability for Critical Tracking Events beyond FDA's Food Traceability List.
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ReposiTrak (TRAK) welcomes 20 new center store and snack suppliers to its Traceability Network, ensuring proactive compliance with FDA requirements well before the 2026 deadline. The network facilitates efficient exchange of Key Data Elements (KDEs) for Critical Tracking Events (CTEs) in the supply chain, enabling compliance with FSMA 204 food traceability law. The platform simplifies compliance for suppliers connected with multiple wholesaler and retailer customers, offering seamless data transfer without the need for additional hardware or software.
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ReposiTrak (NYSE:TRAK) adds 20 dairy and egg suppliers to its Traceability Network, ensuring FDA compliance well before 2026. Notable suppliers include industry leaders in cottage cheese, yogurt, and fresh shell eggs. The network simplifies data sharing for suppliers with multiple customers, offering a cost-effective solution with no additional hardware or software requirements.
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ReposiTrak (NYSE: TRAK) welcomes 20 new produce and seafood companies to its Traceability Network, ensuring proactive compliance with FDA regulations by exchanging Key Data Elements. The diverse group includes Florida citrus, packaged fruit, vegetables, onions, sweet potatoes, peppers, oysters, frozen seafood, and shrimp suppliers. ReposiTrak offers a seamless platform for meeting FDA requirements and enhancing food traceability.
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FAQ

What is the current stock price of ReposiTrak (TRAK)?

The current stock price of ReposiTrak (TRAK) is $23.02 as of December 20, 2024.

What is the market cap of ReposiTrak (TRAK)?

The market cap of ReposiTrak (TRAK) is approximately 410.9M.

What does ReposiTrak Inc. do?

ReposiTrak Inc. specializes in software-as-a-service (SaaS) solutions that streamline supply chain operations for retailers.

What is the ReposiTrak Marketplace?

The ReposiTrak Marketplace allows retailers to search, sample, vet, onboard, and order from new suppliers using a cloud-based application.

What are some of ReposiTrak’s advanced commerce solutions?

ReposiTrak offers scan-based trading and automated ordering, among other solutions, to improve retail operations.

How does ReposiTrak help with compliance management?

ReposiTrak provides automation tools that ensure businesses stay within regulatory requirements, reducing compliance risks.

Who owns ReposiTrak Inc.?

ReposiTrak Inc. is a wholly owned subsidiary of Park City Group (NASDAQ: PCYG).

How does ReposiTrak contribute to expanding local inventories?

ReposiTrak's platform enables retailers to easily source popular items and expand their local inventories.

What types of services does ReposiTrak offer?

Services include implementation, business optimization, outsourcing, technical services, education, and application hosting.

What is the main benefit of using ReposiTrak’s solutions?

ReposiTrak’s solutions help retailers make better-informed decisions and stay competitive by improving supply chain efficiency.

Where can I find more information about ReposiTrak?

More information is available on the official website at www.repositrak.com.

Who are ReposiTrak’s primary clients?

ReposiTrak primarily partners with retailers to enhance sales, manage risks, and reduce supply chain expenses.

ReposiTrak, Inc.

NYSE:TRAK

TRAK Rankings

TRAK Stock Data

410.87M
11.62M
36.37%
38.31%
8.75%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
MURRAY