TRAK News & Events

ReposiTrak announced that The H&H Group is continuing to expand its use of ReposiTrak SBT 2.0 to support retail growth initiatives, improve inventory visibility, and strengthen merchandising execution across its expanding global retail footprint. "The H&H Group has built a strong reputation by consistently delivering products that perform at retail," said Randy Fields, Chairman and CEO of ReposiTrak. "As suppliers continue facing increased pressure to improve inventory accuracy, replenishment speed, and retail execution, ReposiTrak SBT 2.0 provides the operational intelligence and visibility required to support long-term growth."

ReposiTrak announced that additional snack food suppliers have joined the onboarding queue for the ReposiTrak Traceability Network, continuing the rapid expansion of supplier-to-distribution center-to-store traceability across the food industry. The newest suppliers entering the network provide a variety of snack and specialty food products, including nuts, olives, trail mixes, dried fruit snacks, and other healthy snack offerings. These companies are preparing to exchange FDA-required traceability data with retailers and wholesalers already operating live on the RTN.

Reports Q3 revenue $5.9M, one estimate $5.9M. Randall K. Fields, CEO, commented: "The FDA's traceability initiative has effectively erased the lines between our disparate product offerings. What were once distinct business lines increasingly operate as a single, comprehensive food safety platform, a solution that is unrivaled in the industry. That convergence is a meaningful strategic advantage, because no one else delivers all of these capabilities in a single platform. This creates advantages in cross-selling across all layers of the industry, from growers to suppliers, wholesalers and retailers. During the quarter, we filed two patent applications covering our Touchless Traceability(TM) solution, creating a durable competitive moat around the only approach that delivers FDA-compliant traceability at scale. With deployments already in production at a leading grocer and a major Southern wholesaler, Touchless Traceability is establishing a new standard for accuracy and efficiency. These two customers are the only two companies in the world we are aware of that can track products from the supplier to their distribution center to their retail stores without ever having to touch or scan the product."

ReposiTrak announced that World Food Products has selected ReposiTrak Compliance Management to manage and enforce supplier compliance across its supply chain. World Food Products initially adopted ReposiTrak to deliver required food safety and regulatory documents to its retail customers. After successfully streamlining that process, the company is now expanding its use of the platform to manage inbound supplier compliance-creating a single, scalable system to ensure that all trading partners meet food safety, quality, and documentation requirements.