New B2B Site Starting Up

A new business-to-business Internet marketplace for lumber, forestry and construction launches this month.

Structured as an exchange, an auction and a multi-vendor catalog, TheBigB28.com provides a closed community of retailers, wholesale distributors and manufacturers with a complete one-stop marketplace.

Frank Denny, founder of Builders Square, is chairman of the Newport Beach, Ca.-based firm, as well as of affiliated companies TheBigStore.com and TheBigHub.com.

Buyers use a self-guiding search engine to locate products and identify the buying option that best suits their needs, whether drawing from listings on the exchange, auction or an electronic catalog of goods, with content provided by member suppliers.

The system also accommodates ordering (creating online requisitions. submitting purchase orders, executing contracts, tracking orders), fulfillment (credit scoring, credit hold, letters of credit, bill presentment, payment, accounts receivable and accounts payable status), and replenishment.

The Web site goes online May 20.

. Redwood