RTN

ReposiTrak Adds 20 New Suppliers to Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, April 9, 2024
Technology, Other Retail, FDA, Specialty, Software, Food, Beverage, Health, Data Management, Supply Chain Management, Retail, Software as a service, RTN, CTE, Ice cream, KDES-FM, TRAK, Cheese

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 dairy and shell egg suppliers to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 dairy and shell egg suppliers to the ReposiTrak Traceability Network® (RTN).
  • The 20 suppliers are using RTN to share FDA-required food traceability data with five different retail and wholesale customers.
  • “The ReposiTrak Traceability Network simplifies food traceability for suppliers, whether you’re sharing data with one customer or multiple wholesalers and retailers like these dairy and egg suppliers," stated Randy Fields, chairman and CEO of ReposiTrak.
  • “It’s also important for suppliers to know that through ReposiTrak, you can share traceability KDEs for any food – on or off the Food Traceability List."

ReposiTrak Adds 20 New Suppliers to Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, April 2, 2024
Software, Mobile, Wireless, Supply Chain Management, Networks, Internet, Data Management, Apps, Applications, Technology, Food, Beverage, Security, Retail, FDA, Health, Vegetable, Onion, KDES-FM, RTN, Software as a service, TRAK, CTE, Fruit, Medical device

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 new companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 20 new companies to the ReposiTrak Traceability Network® (RTN).
  • By utilizing the ReposiTrak Traceability Network, these companies will meet FDA requirements and fulfill their customers' food traceability needs.
  • "We're thrilled to welcome this diverse array of suppliers to the ReposiTrak Traceability Network," stated ReposiTrak Chairman and CEO Randy Fields.
  • The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.

ReposiTrak Adds 11 New Suppliers to Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, March 26, 2024
Technology, FDA, Software, Networks, Food, Beverage, Health, Retail, Data Management, Supply Chain Management, Seafood, KDES-FM, RTN, Software as a service, TRAK, CTE

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 11 seafood companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of 11 seafood companies to the ReposiTrak Traceability Network® (RTN).
  • An Ore.-based seafood company providing oysters, rockfish, shrimp and more
    "We’re proud to welcome 11 additional seafood suppliers to the ReposiTrak Traceability Network and look forward to helping them meet the requirements of the FDA’s FSMA 204 law and of their retail/wholesale customers,” said ReposiTrak Chairman and CEO Randy Fields.
  • “As the only operating traceability network, we can take in traceability data from these suppliers and share it with any number of their customers.”
    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.

ReposiTrak Adds Nine New Suppliers to Rapidly Expanding Food Traceability Network

Retrieved on: 
Wednesday, March 20, 2024
Software, Networks, Health, FDA, Data Management, Technology, Food, Beverage, Retail, KDES-FM, RTN, Software as a service, TRAK, CTE, Medical device

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of nine produce companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of nine produce companies to the ReposiTrak Traceability Network® (RTN).
  • These new members will efficiently exchange intricate, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring proactive compliance well before the January 2026 deadline.
  • “Some produce suppliers are even doing traceability for more foods than the FDA requires.”
    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 begin sharing data for a low, flat fee and there is no cost to retailers.

Heart of the Harvest Chooses ReposiTrak Traceability Network to Meet and Exceed FDA’s FSMA 204 Food Traceability Regulation

Retrieved on: 
Tuesday, March 19, 2024
Technology, FDA, Networks, Food, Beverage, Health, Retail, Data Management, Supply Chain Management, Food Tech, Vegetable, Food industry, RTN, Hospital, Software, KDES-FM, Restaurant, Fruit, Collection, Heart, FSMA, Medical device

Family-run Heart of the Harvest (parent company, Capitol Sausage and Provisions), whose expansive operations include wholesale fruits and vegetables as well as pre-cut offerings, has automated food traceability with the ReposiTrak Traceability Network (RTN).

Key Points: 
  • Family-run Heart of the Harvest (parent company, Capitol Sausage and Provisions), whose expansive operations include wholesale fruits and vegetables as well as pre-cut offerings, has automated food traceability with the ReposiTrak Traceability Network (RTN).
  • Use of RTN enables Heart of the Harvest to meet and exceed the requirements of the FDA’s FSMA 204 food traceability law.
  • In addition to using the ReposiTrak Compliance Management solution to automate the collection and management of supplier compliance documents and certifications, Heart of the Harvest and its suppliers are now part of the ReposiTrak Traceability Network, the world’s only operating food traceability network.
  • Heart of the Harvest (parent company, Capitol Sausage and Provisions) has 60+ years in the food industry specializing in fresh fruits and vegetables.

ReposiTrak Adds 10 New Suppliers to Its Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, March 12, 2024
Environment, Technology, Software, Sustainability, Food, Beverage, Data Management, Agriculture, Supply Chain Management, Retail, Natural Resources, RTN, FDA, Software as a service, KDES-FM, TRAK, CTE

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of ten produce companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of ten produce companies to the ReposiTrak Traceability Network® (RTN).
  • A salmon supplier from Chile, recognized as the world’s second largest producer
    The largest importer of Chilean Kiwifruit, Asian Pears, and Quince
    "The ReposiTrak Traceability Network works for full, end-to-end traceability or, a more modular approach," emphasized ReposiTrak CEO Randy Fields.
  • “These 10 suppliers joined because they were invited by one or more of their customers.
  • However, we welcome suppliers to join who are ready to use traceability as a competitive advantage.”
    The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.

ReposiTrak Adds 10 New Produce Suppliers to Its Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, March 5, 2024
Software, Data Management, Technology, Food, Beverage, Organic Food, Logistics, Supply Chain Management, Transport, Retail, TRAK, RTN, FDA, FSMA, CTE, KDES-FM, Software as a service, Vegetable

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of ten produce companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of ten produce companies to the ReposiTrak Traceability Network® (RTN).
  • The largest distributor of specialty produce in the United States, based in Calif.
    A Fla.-based shipper of Athena cantaloupe, specializing in eastern-grown produce
    "We're excited to add diverse produce companies to the ReposiTrak Traceability Network," stated Randy Fields, Chairman and CEO of ReposiTrak.
  • "They're in the queue to exchange food traceability data with retail and wholesale customers, complying with the FDA's FSMA 204 law."
  • The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.

ReposiTrak Adds Six New Produce Companies to Its Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, February 27, 2024
Supply Chain Management, Retail, Technology, Software, Internet, Food, Beverage, TRAK, CTE, Restaurant, FDA, RTN, FTL, Vegetable, Software as a service, KDES-FM, Grocery store

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of six produce companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of six produce companies to the ReposiTrak Traceability Network® (RTN).
  • These new members will efficiently exchange intricate, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, ensuring proactive compliance well before the January 2026 deadline.
  • “ReposiTrak can track FTL foods, all foods in a single category or even every food you sell.”
    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 begin sharing data for a low, flat fee and there is no cost to retailers.

ReposiTrak Continues Rapid Growth, Adding Four New Produce Suppliers to Its Expanding Food Traceability Network

Retrieved on: 
Tuesday, February 20, 2024
Supply Chain Management, Retail, Technology, Software, Internet, Food, Beverage, TRAK, RTN, FDA, FSMA, CTE, KDES-FM, Software as a service, Medical device

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of four major produce suppliers to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of four major produce suppliers to the ReposiTrak Traceability Network® (RTN).
  • "Traceability data exchange is streamlined through ReposiTrak, making it easy for suppliers and their customers to communicate and comply."
  • 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 begin sharing data for a low, flat fee and there is no cost to retailers.

ReposiTrak Increases Net Income and Earnings Per Share 17% on 8% Revenue Growth in Fiscal 2024 Second Quarter

Retrieved on: 
Wednesday, February 14, 2024
Data Management, Other Retail, Supply Chain Management, Technology, Supermarket, Food, Beverage, Security, Retail, Software, Internet, Restaurant, Bar, TRAK, Traceability, Investment, Marketing, FDA, RTN, GAAP, Software as a service, EPS, Food industry, Cryptocurrency

Recurring revenue increased 8%, net of the planned elimination of high-touch, low-opportunity revenue, to $5.13 million from $4.74 million, representing approximately 99% of total revenue.

Key Points: 
  • Recurring revenue increased 8%, net of the planned elimination of high-touch, low-opportunity revenue, to $5.13 million from $4.74 million, representing approximately 99% of total revenue.
  • During the quarter, the Company repurchased 22,012 common shares at an average price of $8.79 per share for a total of $193,492.
  • Net income to common shareholders was $1.30 million, or $0.07 per diluted share, compared to $1.12 million, or $0.06 per diluted share.
  • Net income to common shareholders was $2.54 million, or $0.14 per basic share and diluted share, compared to $2.26 million, or $0.12 per basic and diluted share.