MaterialsXchange, a digital lumber and panel marketplace that merged with commodities trading startup Mickey last fall, announced its new e-commerce site, powered by the latter's technology.

"The updated marketplace, available at materialsxchange.com, offers a streamlined ordering process where suppliers can list products either as an 'ask' or a 'bid' and buyers can receive alerts or order products directly," a company press release said. "The technology, powered by Mickey, is designed to make the process for buying or selling wholesale and large-order LBM [lumber and building materials] easier and more efficient – with live, real-time order tracking and pricing transparency."

The company claims that it is easy to list a product and have the platform fill in details like product descriptions. Suppliers can see pending and shipped orders, send invoices, and receive automatic payouts. Buyers can list what they need, place orders, and see real-time shipping prices and delivery updates.