ReposiTrak Welcomes a Leading Distributor to Rapidly Expanding Food Traceability Network
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.
- Addition of a major distributor nearly doubles the size of the ReposiTrak Traceability Network.
- Over 6,500 retail stores and 6,000 suppliers join the network, expanding its reach.
- Scalable platform designed to accommodate companies of any size.
- RTN is free for retailers and wholesalers, reducing access barriers.
- Suppliers have the ability to share KDEs with multiple customers efficiently.
- Suppliers incur a per-facility fee to connect to the network.
- Mandatory compliance with FDA's Key Data Elements (KDEs) requirements may impose additional operational burdens on suppliers.
Insights
ReposiTrak’s expansion by adding a major distributor significantly boosts its market presence. The network now includes over
Given the upcoming FDA regulations on food traceability, joining a well-established network like RTN can streamline compliance for the distributor and its suppliers. This compliance-related pressure is a critical driver for RTN’s growth and acceptance.
Additionally, the promise of no additional hardware or software requirements simplifies adoption, making it more appealing. In the short-term, this expansion should enhance ReposiTrak’s revenue streams as more suppliers join the network. In the long-term, the robust network might become indispensable for compliance, elevating ReposiTrak's market position.
Considering the industry average for such platforms, the nominal fee for suppliers appears to be a competitive strategy. It creates a low entry barrier while ensuring broad participation, which is critical for network effectiveness and value delivery.
From a financial perspective, the addition of this significant distributor is positive for ReposiTrak. The near doubling of their network size can lead to increased recurring revenue from supplier fees. Because the service is free for retailers and wholesalers, the primary revenue will be from suppliers paying to connect their facilities. Given the scale, even a small fee per facility could translate into substantial annual revenue.
Moreover, the scalability of ReposiTrak's platform without the need for additional hardware or software investments points to cost-effective growth. The ability to integrate new members seamlessly can keep operational costs relatively low, thereby potentially increasing margins.
Additionally, anticipating the 2026 FDA deadline, early mover advantage might bring more suppliers into the network ahead of competitors, solidifying RTN’s market position and likely leading to a sustained increase in revenue over time.
From a regulatory standpoint, the addition of this distributor to ReposiTrak’s network is strategically sound. The 2026 FDA deadline for traceability compliance will require extensive data management and RTN’s platform appears well-equipped to handle this. The KDEs (Key Data Elements) requirement means suppliers will need detailed, accurate records for compliance and RTN simplifies this process.
Legally, being part of a large, compliant network can reduce the risk of non-compliance penalties for suppliers and distributors, which can be quite expensive. The ReposiTrak Network providing seamless data exchange could alleviate many compliance burdens, making it an attractive option for companies needing to align with FSMA 204 food traceability law.
In summary, the expansion is a important step for bolstering compliance frameworks, ensuring that ReposiTrak and its members are well-prepared for upcoming regulatory changes.
The world’s largest and fastest-growing traceability network adds more than 6,500 retail stores, 6,000 suppliers and more than a dozen distribution centers with newest member
Most of the distributor’s 6,000 suppliers will be impacted by FDA or customer-mandated traceability and are required to share KDEs every time a shipment is sent. As those suppliers join RTN, they will have the ability to share KDEs with this distributor, and also with their other customers.
"The addition of this distributor has nearly doubled the size of the ReposiTrak Traceability Network," stated Randy Fields, chairman and CEO of ReposiTrak. "Our platform is uniquely designed to scale, which allows companies of any size – from any part of the supply chain – to join, and which also allows us to serve the broader industry with fast, easy traceability data exchange."
The ReposiTrak Traceability Network is free for retailers and wholesalers and suppliers pay a nominal, per-facility fee to connect to an unlimited number of in-network customers. No additional hardware or software is required and the ReposiTrak team assists in making the connections needed under the FSMA 204 food traceability law.
About ReposiTrak:
ReposiTrak (NYSE: TRAK), formerly Park City Group, provides retailers, suppliers 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
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Investor Relations Contact:
John Merrill, CFO
Investor-relations@repositrak.com
Or
FNK IR
Rob Fink
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Source: ReposiTrak
FAQ
What is the ReposiTrak Traceability Network (RTN)?
How many new members are joining the ReposiTrak Traceability Network?
What are Key Data Elements (KDEs) in the context of ReposiTrak?
Is there a fee for joining the ReposiTrak Traceability Network?
When is the deadline for compliance with FDA's KDE requirements?
