ReposiTrak,
Inc., the world’s only sourcing, compliance management and advanced
commerce platform for retailing, is partnering with the Federation of
Wholesale Distributors (FWD) in the United Kingdom through SerTech
Exchange to promote the platform in the UK. The arrangement validates
ReposiTrak as the preferred supplier compliance management platform for
the UK food wholesale and distribution sector, and includes the
development an industry standard for compliance and food safety similar
to the ReposiTrak network in the US that is currently more than 80,000
supply chain connections.
FWD is a membership-based organization representing firms providing food
and associated products to more than 400,000 retail and catering
businesses in the United Kingdom. As a Supplier Partner of FWD, the
association supports ReposiTrak as a supplier compliance management
solution for its members.
“We’ve worked closely with SerTech Exchange and ReposiTrak parent
company Park City Group to introduce a higher level of supplier
management and food safety to the UK,” said James Bielby, CEO of FWD.
“ReposiTrak’s solution is incredibly attractive for our members and
their suppliers. I am encouraged with the early reaction we’ve seen from
members with whom we’ve shared ReposiTrak.”
ReposiTrak is cloud-based compliance management platform representing
the largest network of supply chain partners sharing compliance and food
safety documents and data, utilized by more than 60% of leading
retailers and wholesalers in the US, and their suppliers in more than 50
countries.
“As we consulted with leading industry representatives in the UK, we
recognized that the wholesale industry had a very fragmented service
provision when it comes to supplier compliance management and that the
current solutions had limited adoption levels,” said Randy Fields,
Chairman and CEO of Park City Group and ReposiTrak. “We have shaped our
approach to the UK market to address these hurdles and to ensure that
adopting ReposiTrak provides value for all supply chain participants, as
we work to make ReposiTrak the industry standard for the UK and Europe,
as it is here in North America.”
SerTech Exchange connects digital and e-commerce businesses directly
with C-suite executives within the hospitality and retail industries,
giving business leaders first-person insight to technology-enabled
innovation that can enhance customer experiences and improve business
performance and value.
“Our partnership with Park City Group in bringing ReposiTrak to the U.K.
will generate tremendous value to all participants,” said Andrew Main,
CEO of SerTech Exchange. “It has the potential to become the unifying
supplier compliance management platform for the wholesale industry
worldwide. We have been greatly encouraged by the reaction to this
industry-leading technology platform from all the leaders with whom
we’ve consulted.”
The ReposiTrak Speed Retail Platform drives growth and supports
all supply and demand chain activities for retailers, manufacturers, and
their trading partners, consisting of three product families; Compliance
& Risk Management, Supply Chain Solutions, and MarketPlace Sourcing and
B2B Commerce. Delivered via one technology platform, all the
applications are mutually reinforcing and work synergistically to create
value and positive impact across the entire enterprise.
About Park City Group and ReposiTrak®
Park City Group (NASDAQ: PCYG) is a Software-as-a-Service (“SaaS”)
provider that brings visibility to the consumer goods supply chain
through its ReposiTrak, Inc. subsidiary. ReposiTrak is The Speed Retail
Platform, with three product families; Compliance & Risk Management,
Supply Chain Solutions, and MarketPlace Sourcing and B2B Commerce. The
platform provides retailers and suppliers with a robust solution suite
to help enhance operational control and increase sales, while enabling
them to protect their brands, reduce risk and remain in compliance with
regulatory requirements. More information is available at www.parkcitygroup.com
and at www.repositrak.com.
About SerTech Exchange
SerTech Exchange connects innovators, industry leaders, and researchers
and enables key stakeholders to connect in pursuit of common goals and
to benefit from each other’s expertise. The company was founded in 2017
by Andrew Main, who has spent thirty-five years in the Services Sector,
latterly as UK CEO of one of the world’s leading Services companies. www.sertechexchange.com.
ABOUT FWD
The Federation of Wholesale Distributors (FWD) is the trade association
for food and drink wholesalers in the UK. Its members provide food and
associated products to over 400,000 retail and catering businesses,
either by direct delivery or via cash and carry depots. Their customers
range from small independent stores to large restaurant chains, and from
local coffee shops to hospitals and schools.
As well as providing the perfect product mix for each of these diverse
businesses, wholesalers support their customers with merchandising
materials, business advice, training courses and inspirational ideas.
FWD also works with product suppliers to help them take advantage of the
opportunity to grow their brands through partnerships with FWD members.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190509005852/en/