|By Business Wire||
|February 3, 2014 10:30 AM EST||
Park City Group (NASDAQ: PCYG), a leader in consumer goods supply chain technology designed to increase sales and reduce out-of-stocks and provide brand and reputational risk management and food safety tracking, today announced the latest enhancements to its food safety solution also known as ReposiTrak.
To enhance interaction between product suppliers and their customers, a communication feature has been added to ReposiTrak related to each referential document. An automated document content validation has been activated and will alert both partners (by email or online) every time customer requirements are not met. Additional document audit features have been added to facilitate automated and manual independent certification reviews. Several usability enhancements have also been added; for example certificate of insurance coverages are now more easily seen via contextual pop-ups. The latest traceability enhancements include identification of the country of origin for each ingredient in the product. And, graphic mapping overlays of product movement have been expanded to integrate with additional map providers.
“Making the food supply safer for the consumer is at the heart of what ReposiTrak is all about,” said Randall K. Fields, Chairman and CEO of Park City Group. “We continue to focus on the two best ways to do this by managing brand and reputational risk through better management of audit and insurance documentation and, through our interoperable platform, continuing to enhance capabilities that enable faster tracking and tracing of suspect products or ingredients more than one forward and one back in the food supply chain.”
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, ReposiTrak is an internet-based solution that enables all participants in the farm-to-table supply chain to easily manage tracking and traceability requirements as products 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 as well as providing food safety tracking information. The Company’s service increases customers’ sales and profitability while enabling lower inventory levels and ensuring regulatory compliance for both retailers and their suppliers. Through a process known as Consumer Driven Sales Optimization™, Park City Group helps its customers turn information into cash and increased sales, using the largest scan based platform in the world. Scan based trading provides retail trading partners with a distinct competitive advantage through scan sales that provides store level visibility and sets the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting. More information is available at www.parkcitygroup.com.
About Leavitt Partners
Leavitt Partners advises clients in the health care and food safety sectors. The firm applies its experience, knowledge and a network of global relationships to serve our clients. As a food safety and health care intelligence business we provide the best available window to the future of American health care. More information is available at www.leavittpartners.com.