SALT LAKE CITY, January 8, 2020 – ReposiTrak, Inc., the industry leader in solutions for stock replenishment, compliance, sourcing, food safety and risk management in the retail supply chain, announces Red Monkey Foods, Inc. has adopted the ReposiTrak Compliance & Risk Management solution for the collection of supplier compliance, regulatory and audit documents.
Based in Springfield, Mo., Red Monkey Foods is a manufacturer of premium organic spices, seasonings and sea salts. The company manufactures organic and conventional single ingredient spices, seasoning blends, recipe mixes, sea salts, pink Himalayan salt and custom flavor solutions. It sells its products to more than 100 customers.
Red Monkey Foods, Inc. enforces strict adherence to its Quality Validation Program for all suppliers worldwide, even conducting an extensive audit process before signing a purchase agreement. Its suppliers are required to provide accredited Quality and Food Safety certificates such as those from Safe Quality Foods (SQF), British Retail Consortium (BRC) and International Organization for Standardization (ISO.)
Red Monkey Foods, Inc. adopted the ReposiTrak solution to automatically manage the process of collecting documents from more than 150 suppliers. “We chose ReposiTrak as a comprehensive solution to support our commitment to food safety and regulatory compliance as well strengthening our supply chain partnerships,” said Scott Bolonda, Chief Executive Officer of Red Monkey Foods, Inc.
The Compliance & Risk Management suite deployed by Red Monkey Foods includes food safety and compliance solutions that are a respected and trusted cornerstone of the ReposiTrak brand. With 90,000 buyer/supplier connections across the platform and endorsements from leading trade groups such as FMI, ROFDA and GMDC, ReposiTrak has established itself as the industry standard for a compliance and risk management program.
“ReposiTrak will make it easier for Red Monkey Foods to manage supplier document collection by pairing technology with people,“ said Randy Fields, Chairman and CEO of ReposiTrak. “Our customer success team will reach out to Red Monkey’s suppliers on its behalf to obtain all pertinent records and ensure compliance all around.”
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 parkcitygroup.com and at repositrak.com.
About Red Monkey Foods
Headquartered in Springfield, Mo., Red Monkey Foods, Incorporated is a leading provider of organic spices, seasonings, and salts. For more information go to www.redmonkeyfoods.com.
