TrackX to serve as supply chain data system for Do Good Foods
Denver – October 17, 2021 TrackX Holdings Inc. (TSX.V: TKX | OTC: TKXHF | FRANKFURT: 3TH) (“TrackX” or the “Company), a leading provider of fashionable enterprise tracking, tracking and collaboration solutions SaaS, today announced that it will serve as the new end-to-end supply chain activity recording system for Do Good Foods, a climate-focused food company that strives to eliminate food waste from supermarkets.
Do Good Foods has created a closed loop system that collects and recycles surplus groceries into pet food. This food is included in animal feed, creating a sustainable protein that will be sold in supermarkets, restaurants and other food places. TrackX’s end-to-end tracking and traceability, chain of custody and environmental oversight which together with its analytics and reporting platform will allow Do Good Foods to provide supermarkets with data and analytics they can use to reduce waste early on by adjusting purchasing and merchandising practices.
âThe goal of Do Good Foods is to have a huge impact on one of the greatest environmental challenges of our time. Its circular supply chain solution has the potential to both reduce the environmental footprint of its customers and generate additional profits, âsaid Tim Harvie, CEO of TrackX. âWe’re excited to provide them with the transparency and collaboration tools they need to make this vision a reality. ”
âClimate change is here, it’s real and we need solutions now,â said Justin Kamine, co-CEO of Do Good Foods. âPartners like TrackX play a critical role in helping us create a scalable system that can ultimately eliminate food waste from supermarkets throughout the supply chain. ”
Denver, Colorado-based TrackX, Inc. (TSX.V: TKX) is the SaaS-based enterprise tracking, tracking and collaboration solution that big brands trust to drive longer supply chains. durable and more efficient. TrackX solutions are built on a scalable, fully customizable enterprise platform that leverages a wide range of RFID, Internet of Things (IoT) and sensor technologies to provide item-level visibility to customers across a wide range of industries. ‘industries, including food, beverage, brewing, automotive, retail, financial services, technology and government. For more information visit www.trackx.com.
For more information please contact:
Marc Spezialy, TrackX Holdings Inc.
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CAUTION REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain “forward-looking statements” under applicable Canadian securities laws. Forward-looking statements are necessarily based on a number of estimates and assumptions which, although believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors that may cause actual results and future events differ materially from those expressed or implied by such forward-looking statements. All statements that deal with future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur, including the Company’s planned pipeline and the value of current and customer deployments. and future opportunities are management’s best estimate and cannot be guaranteed or relied on and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law..
Trackx Holdings Inc. published this content on October 17, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 19 October 2021 09:40:03 PM UTC.