International Syrup and Flavor Manufacturer Chooses Industry Expert to Streamline Supplier Approval Program to Protect 94-year Company and Its Customers from Risk
SALT LAKE CITY, March 20, 2019 – ReposiTrak, Inc., the industry leader in compliance, food safety and risk management for the retail supply chain, announces that Torani is deploying the ReposiTrak Compliance & Risk Management Solution to automate compliance documentation at corporate, facility and item levels.
Established in San Francisco’s North Beach neighborhood in 1925, Torani would eventually introduce the world to the first flavored latte in the 1980s. Today, this family-owned company sells its products across the United States and to 38 other countries around the world. Used in cafes, restaurants and home kitchens, Torani helps foodservice operators and consumers create a range of flavorful coffees, teas, cocktails, sodas and more.
“As we continue to grow, ReposiTrak will help us to become more transparent in our supplier compliance and ensure we always have all our required documents with up-to-date information,” said Sue Funk, Director of Quality Assurance. “While experiencing exponential growth into new markets and distribution channels, we needed ReposiTrak to help us store our required documents to ensure our customers and the end users that quality is our top priority.”
The Compliance & Risk Management suite includes the food safety and compliance solutions that are a respected and trusted cornerstone of the ReposiTrak brand. With 320,000 buyer/supplier connections across the platform and endorsements of leading trade groups such as FMI, ROFDA and GMDC, ReposiTrak has established itself as the industry standard.
“Torani brings the best flavors to the world and they can rely on ReposiTrak to provide the best compliance management tools for protecting the company from risk,” said Randy Fields, Chairman and CEO of ReposiTrak. “By using ReposiTrak to optimize their supply chain and supplier compliance program, Torani will safeguard their business, their customers’ wholesale, restaurant and cafés businesses and ultimately the end consumers through better beverage management.”
The ReposiTrak Speed Retail Platform drives growth and supports all supply and demand chain activities for retailers, manufacturers, and their trading partners, consisting of three product families; Compliance & Risk Management, Supply Chain Solutions, and MarketPlace Sourcing and B2B Commerce. Delivered via one technology platform, all the applications are mutually reinforcing and work synergistically to create value and positive impact across the entire enterprise.
About Park City Group and ReposiTrak®
Park City Group (NASDAQ: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings visibility to the consumer goods supply chain through its ReposiTrak, Inc. subsidiary. ReposiTrak is The Speed Retail Platform, with three product families; Compliance & Risk Management, Supply Chain Solutions, and MarketPlace Sourcing and B2B Commerce. The platform provides retailers and suppliers with a robust solution suite to help enhance operational control and increase sales, while enabling them to protect their brands, reduce risk and remain in compliance with regulatory requirements. More information is available at www.parkcitygroup.com and at www.repositrak.com.
About Torani
Torani is an amazing flavor company with a deeply-rooted heritage. Established in San Francisco’s North Beach neighborhood in 1925, Torani has enticed flavor adventurists with its popular syrups and sauces, putting Italian soda on the map and making the world’s first flavored latte. From the start – they have only used the best ingredients like natural flavors and pure cane sugar to craft flavors that are vibrant, delicious and bold. Enjoyed in cafés, restaurants and home kitchens around the world, Torani continues to inspire and lead flavor innovation globally, while remaining a family-owned, Bay Area business. In practice and life beyond the bottle, Torani, a certified B-Corp, believes businesses should create more opportunity and is dedicated to helping all of the people, partners and communities they touch thrive. For more information about Torani, visit http://www.torani.com.
