|By Business Wire||
|June 19, 2014 01:02 PM EDT||
Park City Group (NASDAQ:PCYG) today announced the successful initiation of the “on-boarding” process for the suppliers of the fourth member of ROFDA (Retailer Owned Food Distributors & Associates), the largest cooperative of independent food wholesalers to the ReposiTrak® system. Document Management and Track & Trace is now available to hundreds of additional retail locations.
“The recent financial litigation settlements are driving change in the retail and wholesale community,” noted Randall K. Fields, chairman & CEO of Park City Group, “adoption of the ReposiTrak food safety tracking and tracing platform by a fourth ROFDA wholesaler continues to enforce that food wholesalers recognize the need for increased transparency in their food supply chain.”
Powered by Park City Group’s technology, ReposiTrak helps manage regulatory, financial and brand risk associated with issues of food safety in the global food supply chain. ReposiTrak enables grocery warehouses, supermarkets, packaged goods manufacturers, food processing facilities, drug stores and drug manufacturers, as well as logistics partners, to track and trace products and components throughout the food, drug and dietary supplement supply chains. In addition, the technology addresses the market need of receiving, storing, sharing, and maintaining regulatory documentation all in one convenient location. ReposiTrak reduces risk in the supply chain by identifying backward chaining sources and forward chaining recipients of products in near real time.
Glendale, Alabama –based ROFDA is a cooperative established in 1962 to promote and support the retailer-owned distribution segment of the food industry. ROFDA members represent 20% of the supermarket industry and nearly 50,000 suppliers.
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
ReposiTrak is 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, the ReposiTrak® solution is internet-based and enables all participants in the farm-to-shelf supply chain easily manage both document management and tracking and traceability requirements as products move between trading partners. More information is available at www.repositrak.com.
About Retailer Owned Food Distributors & Associates (ROFDA)
Established in 1962, the mission of ROFDA is to promote and support the retailer-owned distribution segment of the food industry with value added programs and services, all in furtherance of servicing independent retail grocers located throughout America. More information is available at www.rofda.com.
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