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ReposiTrak Adds 40 New Egg and Dairy Suppliers to the Queue for the Rapidly Expanding Food Traceability Network

1. ReposiTrak adds 40 new egg and dairy suppliers to its network. 2. The Traceability Network enhances food safety and regulatory compliance. 3. Traceability is becoming a key competitive advantage for suppliers. 4. ReposiTrak's platform streamlines data sharing with no additional hardware. 5. Company aims to meet increasing traceability demands from retailers.

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FAQ

Why Bullish?

The addition of new suppliers indicates growing demand for ReposiTrak's services. Historically, increases in customer base typically correlate with revenue growth.

How important is it?

The article highlights a significant expansion in ReposiTrak's supplier network, indicating strong market position. This directly influences TRAK's growth potential.

Why Short Term?

The immediate influx of suppliers should lead to increased revenues and visibility. Over time, sustained growth will depend on retention and expansion.

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SYNAWSTJNJ
Retailers drive increased focus on food safety and traceability as 40 new egg and dairy suppliers enter the queue to join the ReposiTrak Traceability Network SALT LAKE CITY--(BUSINESS WIRE)--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, is proud to add 40 egg and dairy suppliers to the queue of companies joining the ReposiTrak Traceability Network® (RTN). These companies will efficiently exchange intricate, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in their supply chains, with the goal of meeting the growing traceability demands of their retail customers. Among the 40 new egg and dairy suppliers are many with a rich history. One is a leading national brand of pasture-raised eggs and butter, founded in 2007 and committed to humane animal care and sustainability. Another, a Mid-Atlantic based goat cheese supplier for more than 20 years, crafts award-winning cheeses using locally sourced milk and traditional methods. A third, established in 2012, delivers premium Wisconsin-made cheeses, highlighting the state’s heritage of dairy craftsmanship. “Traceability has become a powerful differentiator for suppliers,” stated Randy Fields, chairman and CEO of ReposiTrak. “Retailers are actively looking for partners who are easy to work with, and our hardware-free solution makes that possible. It allows suppliers to share data in any format and meet retailer demands without the technical burden—turning traceability into a competitive advantage.” The ReposiTrak Traceability Network requires no additional hardware. Every traceability data file is checked using a 500+ point error detection process and ReposiTrak’s U.S.-based team works with suppliers to make corrections, so that the data is as complete and accurate as possible before it reaches their retail, wholesale or foodservice customers. 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.

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