ReposiTrak Adds 40 New Suppliers of Nut Butter Products to the Queue for the Rapidly Expanding Food Traceability Network
ReposiTrak (NYSE:TRAK) has announced that 40 new suppliers of nut butter products are joining the 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 2028 regulatory deadline.
Among the new suppliers are: a company founded in 2009 specializing in nutrient-rich natural foods, a manufacturer of plant-based food products including creamers and coffees, and a company established in 1988 producing premium dry-roasted nuts and nut butters.
The RTN platform requires no additional hardware or software, offering suppliers the ability to connect with unlimited trading partners for a flat fee. According to Randy Fields, ReposiTrak's chairman and CEO, suppliers can use the platform to share traceability data with all customers, regardless of whether they require ReposiTrak specifically.
ReposiTrak (NYSE:TRAK) ha annunciato che 40 nuovi fornitori di prodotti a base di burro di frutta secca si uniranno alla ReposiTrak Traceability Network® (RTN). Questi fornitori utilizzeranno RTN per scambiare gli Elementi Chiave di Dati (KDE) richiesti dalla FDA per gli Eventi Critici di Tracciamento (CTE) in vista della scadenza normativa del 2028.
Tra i nuovi fornitori figurano: un’azienda fondata nel 2009 specializzata in alimenti naturali ricchi di nutrienti, un produttore di prodotti alimentari a base vegetale tra cui creme e caffè, e una società nata nel 1988 che produce noci tostate di alta qualità e burri di frutta secca.
La piattaforma RTN non richiede hardware o software aggiuntivi, offrendo ai fornitori la possibilità di connettersi con un numero illimitato di partner commerciali con una tariffa fissa. Secondo Randy Fields, presidente e CEO di ReposiTrak, i fornitori possono utilizzare la piattaforma per condividere i dati di tracciabilità con tutti i clienti, indipendentemente dal fatto che richiedano specificamente ReposiTrak.
ReposiTrak (NYSE:TRAK) ha anunciado que 40 nuevos proveedores de productos de mantequilla de frutos secos se unirán a la ReposiTrak Traceability Network® (RTN). Estos proveedores utilizarán RTN para intercambiar los Elementos Clave de Datos (KDE) requeridos por la FDA para los Eventos Críticos de Seguimiento (CTE) antes de la fecha límite regulatoria de 2028.
Entre los nuevos proveedores se encuentran: una empresa fundada en 2009 especializada en alimentos naturales ricos en nutrientes, un fabricante de productos alimenticios de origen vegetal, incluyendo cremas y cafés, y una compañía establecida en 1988 que produce frutos secos tostados de primera calidad y mantequillas de frutos secos.
La plataforma RTN no requiere hardware ni software adicionales, ofreciendo a los proveedores la posibilidad de conectarse con un número ilimitado de socios comerciales por una tarifa fija. Según Randy Fields, presidente y CEO de ReposiTrak, los proveedores pueden usar la plataforma para compartir datos de trazabilidad con todos los clientes, independientemente de si requieren específicamente ReposiTrak.
ReposiTrak (NYSE:TRAK)는 40개의 새로운 견과류 버터 제품 공급업체가 ReposiTrak Traceability Network® (RTN)에 합류한다고 발표했습니다. 이들 공급업체는 2028년 규제 마감일에 앞서 FDA가 요구하는 주요 데이터 요소(KDE)를 중요한 추적 이벤트(CTE)에 대해 RTN을 통해 교환할 예정입니다.
새로운 공급업체 중에는 2009년에 설립되어 영양가 높은 천연 식품을 전문으로 하는 회사, 크리머와 커피를 포함한 식물성 식품 제조업체, 1988년에 설립되어 고급 건조 견과류 및 견과류 버터를 생산하는 회사가 포함되어 있습니다.
RTN 플랫폼은 추가 하드웨어나 소프트웨어가 필요 없으며, 공급업체가 고정 요금으로 무제한 거래 파트너와 연결할 수 있는 기능을 제공합니다. ReposiTrak의 회장 겸 CEO인 Randy Fields에 따르면, 공급업체는 특정하게 ReposiTrak을 요구하지 않는 고객을 포함해 모든 고객과 추적 데이터 공유가 가능합니다.
ReposiTrak (NYSE:TRAK) a annoncé que 40 nouveaux fournisseurs de produits à base de beurre de noix rejoignent le ReposiTrak Traceability Network® (RTN). Ces fournisseurs utiliseront RTN pour échanger les Éléments Clés de Données (KDE) exigés par la FDA pour les Événements Critiques de Suivi (CTE) avant la date limite réglementaire de 2028.
Parmi les nouveaux fournisseurs figurent : une entreprise fondée en 2009 spécialisée dans les aliments naturels riches en nutriments, un fabricant de produits alimentaires à base de plantes incluant crèmes et cafés, ainsi qu’une société créée en 1988 produisant des noix grillées haut de gamme et des beurres de noix.
La plateforme RTN ne nécessite aucun matériel ou logiciel supplémentaire, offrant aux fournisseurs la possibilité de se connecter à un nombre illimité de partenaires commerciaux moyennant un tarif fixe. Selon Randy Fields, président et CEO de ReposiTrak, les fournisseurs peuvent utiliser la plateforme pour partager les données de traçabilité avec tous leurs clients, qu’ils exigent ou non spécifiquement ReposiTrak.
ReposiTrak (NYSE:TRAK) hat bekannt gegeben, dass 40 neue Lieferanten von Nussbutterprodukten dem ReposiTrak Traceability Network® (RTN) beitreten. Diese Lieferanten werden RTN nutzen, um die von der FDA geforderten Schlüssel-Datenelemente (KDE) für kritische Nachverfolgungsereignisse (CTE) vor der regulatorischen Frist 2028 auszutauschen.
Zu den neuen Lieferanten gehören: ein 2009 gegründetes Unternehmen, das sich auf nährstoffreiche Naturkost spezialisiert hat, ein Hersteller von pflanzenbasierten Lebensmitteln einschließlich Cremes und Kaffees sowie ein 1988 gegründetes Unternehmen, das hochwertige geröstete Nüsse und Nussbutter produziert.
Die RTN-Plattform erfordert keine zusätzliche Hardware oder Software und bietet Lieferanten die Möglichkeit, sich gegen eine Pauschalgebühr mit unbegrenzt vielen Handelspartnern zu verbinden. Laut Randy Fields, Vorsitzender und CEO von ReposiTrak, können Lieferanten die Plattform nutzen, um Rückverfolgbarkeitsdaten mit allen Kunden zu teilen, unabhängig davon, ob diese speziell ReposiTrak verlangen.
- Expansion of customer base with 40 new suppliers
- Early supplier adoption ahead of 2028 FDA deadline shows market leadership
- Low-cost, hardware-free solution reduces implementation barriers
- Revenue impact from flat-fee pricing model not disclosed
Insights
ReposiTrak's announcement of 40 new nut butter suppliers joining their traceability network queue represents incremental growth in their customer pipeline. While positive, the financial impact remains unquantified, making this a modest development rather than a game-changing event.
The company's strategic positioning ahead of the FDA's 2028 compliance deadline demonstrates foresight in capitalizing on regulatory tailwinds. Their emphasis on a hardware-free solution creates a low-friction adoption pathway—critical for scaling network-based SaaS businesses in regulated industries.
ReposiTrak's flat-fee pricing model for unlimited connections is particularly noteworthy as it enables network effects: suppliers can share data with all customers regardless of whether those customers require ReposiTrak specifically. This structure intelligently removes barriers to adoption while potentially creating lock-in effects as the network expands.
However, investors should note these suppliers are merely "queued" rather than fully implemented customers, suggesting revenue impact will be gradual rather than immediate. Without context on ReposiTrak's typical customer acquisition rates or what percentage 40 new suppliers represents of their total addressable market, it's difficult to assess the true significance of this announcement to the company's growth trajectory.
Ahead of regulatory deadlines, 40 suppliers of nut butter products are queued to join ReposiTrak for its innovative, hardware-free traceability solutions
Among the 40 new nut butter suppliers are companies recognized for their innovation and commitment to quality. One, founded in 2009, is known for nutrient-rich natural foods such as granola, oatmeal, and baking mixes, designed to support consumers on their wellness journey. Another, known for creating plant-based food products, offers a line of creamers, coffees and snacks. A third, established in 1988, specializes in premium dry-roasted nuts, dried fruits, and nut butters crafted with high-quality ingredients.
“Suppliers are using ReposiTrak to share traceability with all of their customers — including those customers who require the use of ReposiTrak and those that do not,” stated Randy Fields, chairman and CEO of ReposiTrak. “Through our work together, we will ensure that these nut butter suppliers are able to provide accurate traceability information that not only meets FDA requirements, but also the specific needs of each customer, which often exceed FDA requirements.”
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20250415377424/en/
Investor Relations Contact:
John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR
Rob Fink
646.809.4048
rob@fnkir.com
Source: ReposiTrak
FAQ
How many new nut butter suppliers are joining ReposiTrak's traceability network?
What is the FDA deadline for traceability requirements that TRAK suppliers are preparing for?
What are the hardware requirements for suppliers to use ReposiTrak's traceability system?
How does TRAK's pricing model work for suppliers sharing traceability data?
