Since most of our high tech and fabless semiconductor customers use standard costing, we’ve had quite a bit of experience advising companies on how to set up standard costing, and thought it might be of interest to a wider audience as well. As a starting point here then, I’d like to spend a little time […]
SMB With “Big Data” Challenges? You’re Not Alone
If you’re an SMB (Small and Medium sized Business) with “big data” challenges, you’re probably like many of Tensoft’s customers – trying to find key and actionable information in a sea of data. You have sales information, customer information, inventory information, revenue information, details about customer contracts and future billings. But wait a minute, you’re […]
Production Planning vs Production Control: What Should You Focus On
We often get asked, “what is the difference between production planning and production control in SemiOps” or “what is production control” occasionally. The distinction is important to look at how your team matches up to the system functional blocks and to help think through all of the required business processes that are required for Semi […]
Get Ready for Spring 2024 Momentum
We are excited to announce Momentum, our first virtual user conference for the year 2024. Hosted exclusively for Tensoft customers, it will be held on Tuesday, May 14 and Wednesday, May 15 with the sessions distributed over 2 half-days. This is a fantastic opportunity to learn about the new features and best practices from the […]
3 Reasons to Implement ERP Before Production Ramps
Every technology startup is looking to grow, and to grow rapidly. The point where your production and sales are starting to ramp is exciting and challenging. Investing in your next level of ERP needs to be done – the only question is when to do it. Choosing the right ERP solution can have a huge […]
Tips & Tricks for Tensoft SemiOps Data Uploads
There are many benefits of using Tensoft SemiOps Data Uploads, especially when working with large volumes of transactions. The production module in Tensoft SemiOps allows you to create and manage production orders – along with managing your overall supply chain and production process. We call these production orders a “PR” (Production Release). Production orders can […]
Importance of Change Management
When you think of implementing a new solution for semiconductor manufacturing, it’s not just technology that is part of this change. Technology is a foundational piece of it and must be leveraged optimally by taking a hard look at the current and future business processes. Adoption of a new system in any organization big or […]
How Does EDIFACT Work with Tensoft System
Tensoft has customers across Europe, Asia, Africa, and North America. To cater to our global customer base, we use both X12 and EDIFACT standard for transferring files from different ERP systems to Tensoft system. The major difference between X12 and EDIFACT is that X12 is widely used in United States and EDIFACT is most widely […]
Infographic: How to Measure the Return on Investment (ROI) of an ERP Implementation
A question that we’re often asked is: “How do you estimate the anticipated ROI of an ERP system, and what methodology works best for this?” There are five main areas that should be evaluated to determine this: 1) IT costs, 2) productivity, 3) visibility, 4) risk, and, 5) audit and compliance impacts. Here are some […]
How to Compute & Post Revenue in Tensoft Revenue Lens
Month end revenue recognition is straightforward with Revenue Lens. Your sales have been transformed into revenue agreements. Computing and recognizing revenue is fast and accurate. Tensoft Revenue Lens simplifies revenue recognition and reporting. It automates your revenue recognition process and makes it as easy as “Compute, Post, Report”. With the APIs, you can use any […]