March 9, 2016 | Salt Lake City, Utah – Park City Group’s ReposiTrak® Inc., the leading provider of Compliance Management and Track & Trace solutions for food, pharma and dietary supplement safety, announces that Minnesota-based Coborn’s Inc. has chosen ReposiTrak to manage regulatory and business documentation compliance within their supply chain. Recognized in 2011 as Grocery Headquarters magazine’s “Independent Retailer of the Year”, Coborn’s operates 54 supermarkets across the upper Midwest under the Coborn’s, Cash Wise Foods, MarketPlace Foods and Save-A-Lot banners. Coborn’s, Inc. also owns CobornsDelivers, an online grocery ordering and home delivery service; and stand-alone convenience, liquor, video and pharmacy locations. Founded in 1921 by Chester Coborn, Coborn’s is now managed by a fourth generation family member – Chris Coborn.
“For over 95 years, shoppers have trusted our stores to provide them with safe, quality food,” said Chris Coborn, President and CEO of Coborn’s. “With FSMA finalizing in less than six months., we were looking for an automated system that would enable us to better manage our growing list of compliance documentation and help protect Coborn’s brand equity.”
“Coborn’s is one of many retailers leveraging ReposiTrak to reduce brand, regulatory, and financial risk in their supply chain,” said Randall K. Fields, Chairman and CEO of Park City Group. “Their commitment to food safety and supply chain transparency make us proud to have them utilize our system.”
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.
About Repositrak
ReposiTrak 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. 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.
Ronald Margulis | RAM Communications | +1 908.272.3930 | ron@rampr.com
