WASHINGTON — The National Lumber and Building Material Dealers Association (NLBMDA) announced that MaterialsXchange is the newest member of the association’s Manufacturers and Services Council. The council is composed of building material manufacturers and service providers serving the lumber and building material industry.
NLBMDA’s MSC members are established industry leaders who supply products and services to lumber and building material dealers across the nation. The members of the council share a commitment to promoting and enhancing the success of independent lumber dealers.
MaterialsXchange is an electronic marketplace for buying and selling raw materials. Headquartered in Chicago, the company seeks to foster the evolution of commerce in commodity raw materials by implementing innovative technology that completes the digital supply chain. The company is devoted to bringing transparent pricing and user-friendly technology to commodity materials markets. The MX platform is an e-commerce marketplace that has the look and feel of a financial market, giving all participants market insight and the ability to place bids and offers in real time.
MX’s platform is the link in the supply chain that digitally connects the sophisticated systems used by suppliers and dealers.
“We’re excited to be part of the MSC because of the potential to provide tangible benefits to the independent dealers the council serves,” shared Mike Wisnefski, CEO of MaterialsXchange. “With the MX platform, dealers in the LBM industry can experience, for the first time, the technological efficiencies that other industries profit from. Using our technology, dealers benefit from significant time and cost savings.”