End-to-end Fabless ERP Helps Open-Silicon Control Inventory and Increase Efficiency
SAN JOSE, CA – September 12, 2007 – Tensoft, a leading end-to-end ERP solution provider for the fabless semiconductor industry, announced today that Open-Silicon, Inc. has successfully implemented Tensoft Fabless Semiconductor Manufacturing (FSM) and Microsoft Dynamics GP software for its ERP and supply chain management needs. The integrated solutions, which were implemented by Tensoft, were designed to increase profitability, improve customer service and realize a fast Return on Investment.
“Our company’s production model is unique, in that each product that we manufacture is customer-specific,” said Ron Beeson, Open-Silicon Corporate Controller. “We need tight supply chain and procurement control to avoid over-building and maximize profitability. Tensoft understood our needs, and has delivered to them, including on-site support at our facility in India and middle-of-the night training sessions via LiveMeeting so all of our staff could participate.”
Open-Silicon went through an intensive evaluation process before selecting the Tensoft FSM system, and the results have confirmed the evaluation team’s choice. “I’ve had extensive experience with fabless manufacturing and inventory costing, so I’m well aware of the drawbacks of unintegrated systems. To gain the efficiencies that we’ve achieved, it was vital that we select and implement a truly end-to-end solution, completely integrated with a solid financial system that can scale as we grow,” Beeson continued. “With FSM, we have out-of-the-box detailed inventory tracking and genealogy, logistics and production control. We chose the right solution.”
“Open-Silicon’s selection of FSM was based on their desire to select the right solution to support their future growth. FSM’s ability to deliver the critical, end-to-end fabless industry-specific functionality that the company’s unique business needs mandated has enabled their finance, operations, customer service and quality teams to collaborate more closely, which is an essential ingredient for smooth, efficient operations and informed decision-making,” said Bob Scarborough, Tensoft CEO. “FSM optimizes and streamlines complex business processes that slow down less well-prepared fabless businesses, costing them lost business and and lowering their margins.”
About FSM
Tensoft Fabless Semiconductor Management (FSM) is a web-based solution, designed to support fabless semiconductor operations. A clear leader in its field, FSM supports the fabless industry’s unique financial, manufacturing and supply chain needs using a highly scaleable design. With customers from start-ups to public companies, Tensoft FSM delivers a comprehensive end-to-end fabless solution with a fast ROI.
About Open-Silicon
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon’s OpenMODEL is the semiconductor industry’s first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low-risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon’s website at www.open-silicon.com or call 408-240-5700.
About Tensoft
Tensoft, Inc. specializes in innovative, end-to-end ERP and supply chain solutions for the fabless semiconductor and high tech industries. Founded in 1996, Tensoft delivers results tailored specifically to each customer’s needs. Tensoft partners with established firms in the U.S., Canada, and Europe to re-sell and provide local support for its products. For more information, go to www.tensoft.com or call 888-450-4030 X406.