November 15, 2017 | Salt Lake City– Park City Group’s ReposiTrak, Inc., the leading provider of Compliance Management and Track & Trace solutions for the grocery and foodservice industries, announces today that Mollie Stone’s Markets has chosen ReposiTrak® to manage regulatory and business documentation compliance for its extended supply chain. Mollie Stone’s Markets is a family owned retailer, specializing in healthy, natural and specialty foods since 1986 with nine stores serving the greater San Francisco Bay area. The company is committed to working closely with local producers to bring the best available products to shoppers.
“ReposiTrak’s automated system will enable us to better manage the growing list of documents we require from our approved suppliers that prove their good business and safety practices,” said Mike Stone, CEO of Mollie Stone’s Markets. “Our top priority is to provide the safest and highest quality products for our customers.”
“Mollie Stone’s is the latest retailer to recognize the advantages of using ReposiTrak’s automation to reduce brand, regulatory and financial risk in their supply chain,” said Randall K. Fields, Chairman and CEO of Park City Group and ReposiTrak. “Their commitment to increasing transparency and reducing food safety risk make us proud to add them to our growing list of retail, wholesale and supplier users.”
ReposiTrak, a wholly owned subsidiary of Park City Group (NASDAQ:PCYG), helps manage regulatory, financial and brand risk associated with issues of safety in the global food, pharma and dietary supply chains. Powered by Park City Group’s technology, the platform consists of two systems: Compliance Management, which not only receives, stores and shares documentation, but also manages compliance through dashboards and alerts for missing or expired documents; and Track & Trace, which quickly identifies product ingredients and their supply chain path in the unfortunate event of a product recall. It can reduce the risk in the supply chain by identifying backward chaining sources and forward chaining recipients of products in near real time.
ReposiTrak, Inc. is a wholly-owned subsidiary of Park City Group (NASDAQ:PCYG) and was co-founded with Leavitt Partners. ReposiTrak® provides food retailers and suppliers with a robust solution to help them protect their brands and remain in compliance with the rapidly evolving regulations in the Food Safety Modernization Act. Additionally, ReposiTrak enables traceability as products and their ingredients move between trading partners and now helps customers source new compliant suppliers and drive sales through MarketPlace. More information is available at www.repositrak.com.
About Park City Group
Park City Group (PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information to ensure products are available when and where consumers demand them, helping retailers and suppliers to ‘Sell More, Stock Less, and See Everything’. Park City Group’s technology also assists all participants in the food and drug supply chains to comply with food and drug safety regulations through the Company’s ReposiTrak subsidiary. More information is available at www.parkcitygroup.com.