Filmspplies.com was intended to continue on the tradition of HotelSupplies.com, a site where facilities and vendors could connect for goods and services.
The process would have been similar: A studio would need some expendaables, they would put in an RFQ (request for quote) and everyone that sold that item could submit bits. then the buyer would be able to decide what vendor to work with based on price, availability, product quality or any other metric they wished.
Sadly, the founder of this site ended up writing distribution and other line of usiness software for Fox, and the entire software suite for IMAX. The Boss