RED DIAMOND, INC. DEPLOYS REPOSITRAK
Salt Lake City, Utah – ReposiTrak, the leading provider of Compliance Management and Track & Trace solutions for food safety exclusively endorsed by FMI and ROFDA, is now being used by Red Diamond, Inc., a family-owned coffee, tea and foodservice company providing high quality products to fine hotels, restaurants, offices, institutions and homes across the United States. Not only does Red Diamond plan to share their food safety documents downstream with their ROFDA wholesale and retail customers, they are also using ReposiTrak upstream with their suppliers to manage all forms of compliance documentation, such as product specifications, Country of Origin declarations and Certificates of Analysis. The company also plans to leverage the system to tailor their document requirements for both low- and high-risk suppliers, where applicable.
“We at Red Diamond recognize the need for complete transparency from farm to shelf. We are pleased to work with the industry standard food safety solution, ReposiTrak, to ensure our suppliers are maintaining their insurance, audit and regulatory requirements to manage their brand risk, as well as ours,” said Neil Bogart, Quality Systems Manager at Red Diamond.
Powered by Park City Group’s 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 system not only receives, stores, and shares documentation, but also manages compliance through dashboards and alerts for missing or expired documents. The Track and 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.
“Similar to Sarbanes-Oxley, legal responsibility for compliance under the Food Safety Modernization Act falls to every senior executive in the supply chain,” said Randall K. Fields, chairman & CEO of Park City Group. “We are very excited that Red Diamond recognizes the need to manage their food safety risk not only with their ROFDA wholesale and retail customers, but also within their own supply chain with their ingredient suppliers”.
About Red Diamond, Inc.
Red Diamond is a 108 year-old family-owned coffee, tea and foodservice company providing high quality products to hotels, restaurants, offices and homes across the United States. To learn more about Red Diamond, visit www.reddiamond.com.
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 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 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.
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