One of the Largest Snack Food Manufacturers in the US Completely Automates Supplier Documentation to Save Time, Reduce Risk and Protect Consumers
Salt Lake City | April 11, 2018 –ReposiTrak, Inc., the world’s only company with a sourcing, compliance management and advanced commerce platform for retailing, today announced Snak King is adopting the ReposiTrak Compliance Management System to automate the documentation of its extensive supplier network. Headquartered in Industry, California, Snak King is one of the largest manufacturers of snack foods in the United States.
“Originally, one of our own customers highly recommended ReposiTrak, which we also found to be the clear choice for Snak King’s compliance requirements. We were really impressed with the extent of the ReposiTrak platform and its automation capabilities,” said David Phuong, Quality Assurance Director for Snak King. “Using ReposiTrak’s Optical Character Recognition to scan and filter the required documentation our suppliers upload will be immensely valuable in saving time and ensuring greater compliance that will ultimately protect our consumers.”
Phuong added, “Another unique capability that ReposiTrak offers is for us to receive alerts and notifications when certifications are expired, which now allows us to stay on top of compliance requirements with our suppliers in a completely automated fashion. In the past we had to manage a highly manual process to track suppliers and documentation using cumbersome spreadsheets.”
“Many brands are recognizing that the ReposiTrak platform is an extremely cost-effective risk management solution that saves them time and streamlines the entire compliance process,” said Randall K. Fields, Chairman and CEO of Park City Group. “Being proactive with food safety is paramount to protecting consumers, so we are honored to provide the innovative technology Snak King requires to ensure greater food safety compliance.”
ReposiTrak, a wholly owned subsidiary of Park City Group (NASDAQ: PCYG), helps retailers control risk, reduce supply chain expense and grow sales via a unique technology solution platform. From new supplier discovery, vetting and onboarding using ReposiTrak MarketPlace, to risk mitigation via automated compliance management solutions, as well as a suite of advanced commerce solutions including scan-based trading and automated ordering, ReposiTrak helps retailers grow market share and increase their competitiveness in today’s dynamic retail environment.
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 regulatory requirements. 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.
Media Contact | Ronald Margulis | RAM Communications | +1 908.272.3930 | ron@rampr.com
Investor Contact | Todd Mitchell | Park City Group CFO | +1 435.645.2216 | ir@parkcitygroup.com
