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Park City Group Hosts FSMA Compliance Webinar

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Park City Group (NASDAQ:PCYG), a cloud-based software company that uses big data management to help retailers and their suppliers sell more, stock less and see everything, recently hosted a presentation by Dr. Hilary Thesmar, PHD, RD, CFS, Vice President of Food Safety at FMI (Food Marketing Institute), on FSMA (Food Safety Modernization Act) compliance changes currently in effect for wholesalers and retailers. The webinar, held September 12, is now available for replay.

“Under the Food Safety Modernization Act, retailers and wholesalers are legally responsible for compliance with FSMA requirements and will be responsible for the documentation demonstrating compliance of foreign supply chains,” said Thesmar. “The new regulations will heavily focus on the verification of suppliers’ records and record access, which is why we’re focused on building FSMA resources and education.”

In the webinar, Thesmar covered the breadth of documentation needed for FSMA compliance and confirmed the FDA requires all documentation be stored for a minimum of two years and must be accessible within 24 hours of request. Given this, she recommends that all wholesalers and retailers ensure they have a system to manage and retain FSMA required records prior to regulations being finalized in August 2015.

“The new FSMA requirements are very reminiscent of Sarbanes-Oxley, where legal responsibility for ensuring a company’s supply chain compliance lies with the CEO and executive management,” said Randall K. Fields, Chairman and CEO, Park City Group. “The Compliance Management System in ReposiTrak , our food safety solution, enables retention and maintenance of all the necessary compliance and verification documents that FSMA and company risk managers require.”

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.

About ReposiTrak(R) Food Safety Solution

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(R) solution is internet-based and enables all participants in the farm-to-shelf supply chain easily manage all documents required for regulatory compliance and tracking and traceability requirements as products move between trading partners. More information is available at www.repositrak.com.

About FMI

Food Marketing Institute (FMI) proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI Foundation, visit www.fmifoundation.org

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