- 8 - purpose. In addition, the Local Software was continually modified, improved, and expanded throughout this period to handle HSC’s changing needs. Initially, all member orders were accumulated at the end of the day and sent to Pioneer to be keyed into the Local Software on Pioneer’s IBM System. The Local Software would determine the location of inventory and determine which items needed to be moved from the warehouse to the marts and among the marts so that a sufficient quantity of inventory was on hand by 6 a.m. the next morning at the mart where the member was to pick up the merchandise. The Local Software also generated a picking slip, which provided the HSC personnel with the member’s order and the specific location of the items so that member orders could be filled quickly. Eventually, computer terminals were placed in the broadcast studio and in the marts so that inventory could be tracked more quickly and accurately. In 1985, Mr. Speer and Mr. Paxson were exploring ways to expand HSC’s market. At this time, televised home shopping was new outside the Tampa Bay area. Mr. Speer and Mr. Paxson organized Home Shopping Network, Inc. (HSN), in order to try to exploit this new, but uncertain, business opportunity. HSN is a Delaware corporation that was organized to conduct the business of selling merchandise at retail prices through televisedPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011