ReposiTrak SBT 2.0 now supports products delivered through retailer warehouses and cross-dock operations, not just Direct Store Delivery
ReposiTrak, Inc. (NYSE: TRAK), the leader in retail supply chain, compliance and traceability solutions, today announced that the first warehouse-delivered supplier is live with a major retailer on ReposiTrak SBT 2.0.
The implementation marks a significant expansion of the Scan-based Trading model beyond its traditional use by Direct Store Delivery suppliers. Under the new program, the supplier ships products through the retailer’s warehouse and distribution network while retaining ownership of the inventory until each product is scanned and sold at the retail register.
“Scan-based Trading is not limited to suppliers delivering directly to stores,” said Randy Fields, chairman and CEO of ReposiTrak. “This successful launch demonstrates that the financial and operational benefits of SBT can also be extended to warehouse-delivered products. The retailer does not have to purchase and finance the inventory before it sells, while the supplier gains direct visibility into store-level sales and inventory movement.”
ReposiTrak SBT 2.0 uses point-of-sale activity as the data of record for invoicing and inventory ownership. When a participating product is scanned at the register, the transaction automatically triggers the transfer of ownership from the supplier to the retailer and supports accurate supplier payment.
The model provides benefits to both trading partners. The retailer reduces its investment in inventory and aligns payment with actual consumer sales. The supplier maintains ownership until the product sells while gaining access to store-level sales and inventory information that can support better forecasting, replenishment and product availability.
Optional ordering assistance is also available through ReposiTrak for suppliers or retailers that need additional support managing replenishment. Ordering recommendations can use sales and inventory data to identify store-level product needs, reduce out-of-stocks and improve inventory productivity.
“The ability to support warehouse-delivered products substantially expands the addressable market for SBT,” Fields added. “Retailers and suppliers can now evaluate SBT based on the economics of the product category and the trading relationship—not simply on whether the supplier delivers directly to the store.”
About ReposiTrak
ReposiTrak, Inc. (NYSE: TRAK) is an AI-powered, integrated platform that connects retailers, wholesalers, suppliers, and food manufacturers through a suite of applications designed to reduce risk, support regulatory compliance, strengthen operational controls, and protect brand integrity. The ReposiTrak platform serves as a shared system of record across its solution areas, maintaining and synchronizing complex supplier and customer data to enable secure, accurate, and scalable information exchange.
ReposiTrak’s solutions are organized into three core product families: traceability, compliance and risk management, and supply chain solutions. Through its scalable, cloud-based platform and U.S.-based team of experts, the Company helps organizations streamline operations, improve data transparency, and meet evolving regulatory requirements across the food supply chain.
For more information, visit repositrak.com.
Forward-Looking Statements
Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “should,” “will” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could affect actual results are detailed in ReposiTrak’s filings with the Securities and Exchange Commission. ReposiTrak undertakes no obligation to update any forward-looking statements, except as required by law.
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Contacts
Investor Relations Contact
John Merrill | Chief Financial Officer | Investor-relations@repositrak.com
Or
Rob Fink | FNK IR | +1 646.809.4048 | rob@fnkir.com
ReposiTrak Company Contact
Derek Hannum | Chief Customer Officer | +1 435.645.2230 | dhannum@repositrak.com
Media Contact | ReposiTrak
Ronald Margulis | RAM Communications | +1 908.272.3930 | ron@rampr.com