A strapping system includes a strap exchanger that is capable of delivering one or more straps to a component of the strapping system. The strap exchanger feeds a strap to a downstream component of the strapping system. A track assembly receives the strap and uses that strap to bundle product. The strap exchanger is capable of repeatedly delivering straps to the strapping system to reduce, limit, or substantially eliminate downtime associated with manually loading straps into the strapping system.