January 4, 2017 | 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 The Fresh Market, Inc. has chosen ReposiTrak® to manage regulatory and business documentation compliance within its supply chain. The Fresh Market is a specialty grocer committed to offering shoppers everything they love – fresh, delicious fare, locally sourced products, convenient meal solutions and an expanding selection of everyday household items. The Fresh Market currently operates 177 stores in 24 states across the U.S.
“ReposiTrak’s automated system will enable us to better manage our approved suppliers’ growing list of required documents and to ensure that we continue to provide safe food to our customers, which is our top priority,” said Ross Reynolds, Senior Vice President of Merchandising at The Fresh Market.
“The Fresh Market 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 retailer customers.”
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, 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. 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.
About The Fresh Market, Inc.
Founded in 1982, The Fresh Market, Inc. is a specialty grocery retailer focused on providing an inviting atmosphere; fresh, delicious fare; convenient meal solutions; an expanding selection of household items; and a variety of products to help its shoppers live a healthy lifestyle. The company operates 177 stores in 24 states across the U.S. For more information, please visit www.thefreshmarket.com or follow along on Facebook, Twitter and Instagram.
