January 27, 2015 | Salt Lake City, Utah – ReposiTrak, the leading provider of Compliance Management and Track & Trace solutions for food safety exclusively endorsed by FMI and ROFDA, announced their attendance at FMI’s annual Midwinter Executive Conference in Miami, FL where the FMI Chairman’s opening remarks highlighted the importance of food safety and compliance with the Food Safety Modernization Act (FSMA). Food Safety has been a top priority for FMI Chairman, Jerry Garland, President and CEO of Associated Wholesale Grocers, since taking over the FMI position last June. In an interview with Supermarket News last May, the incoming Chairman said, “Food safety is important to all of us. And with the introduction of the Food Safety Modernization Act … it’s going to bring a lot of pressure to bear to the industry to up our game. There [are] new liabilities each of us in the food channel has under the Food Safety Modernization Act.”
Powered by Park City Group’s (NASDAQ:PCYG) technology, the ReposiTrak platform helps manage regulatory, financial and brand risk associated with issues of food safety in the global food supply chain. The platform consists of two systems: the Compliance Management and Track & Trace. The Compliance Management system not only receives, stores, and shares documentation, but also manages compliance through dashboards and alerts for missing or expired documents. The system easily supports FSMA’s 24- hour document access deadline and 2-year maintenance requirement. The Track & Trace system quickly identifies the supply chain path taken by a product 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 is a big supporter of FMI and Chairman Jerry Garland’s focus on food safety,” said Randy Fields, CEO of Park City Group. “ReposiTrak has a very strong presence at FMI’s Midwinter Conference and with FSMA finalization deadlines looming in August and October this year, we’ve had a great deal of interest in our solutions and how we can help companies with their FSMA compliance.”
About ReposiTrak
ReposiTrak, Inc. is a collaboration between Leavitt Partners and Park City Group. ReposiTrak provides food retailers and suppliers with a robust solution to help protect their brands and remain in compliance with rapidly evolving regulations in the Food Safety Modernization Act. Powered by Park City Group’s technology, ReposiTrak is an internet-based solution that enables all participants in the farm-to-table supply chain to easily manage records management and regulatory compliance. 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 (NASDAQ:PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it to be. Park City Group’s services enable customers to “Sell More, Stock Less, and See Everything”. More information is available at www.parkcitygroup.com
About FMI
Food Marketing Institute (FMI) proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI Foundation, visit www.fmifoundation.org
Media Contact | Ronald Margulis | RAM Communications | +1 908.272.3930 | ron@rampr.com
