Managing financial period close in Tensoft SemiOps requires a clear understanding of how different types of dates are handled or used throughout the system. In this blog post, I’ll cover the three key dates you need to manage in SemiOps and how they impact your financial close and reporting. Transaction Date A transaction date is […]
Semiconductor Industry Revenue and Variable Consideration
Semiconductor Industry Revenue The value chain in the Semiconductor Industry can have companies selling directly to end customers for their products, or through distribution and contract manufacturing channels to reach your end customer. When you are selling through an extended value chain the end price for the product sold may not be known at […]
Rework Vs Scrap and Bonus
We recently explored one of the most requested topics: Rework vs Scrap and Bonus, and the best practices for using them. Below are a few highlights from this session that you may find helpful. Rework A rework is a type of production order that allows you to move inventory through a test step again, or […]
How to Optimize Price lists in DemandOps for Sales and Revenue Tracking
Price lists in Tensoft DemandOps serve as the backbone of your sales transactions. They ensure that the correct prices are applied consistently across quotes and sales orders. Optimizing price lists in DemandOps is about creating a system that supports your sales strategy and simplifies operations. These price lists can be based on Internal Parts (used […]
ERP Built for Semiconductors: XMOS Finds the Perfect Fit with Tensoft SemiOps
You basically cover the whole flow from manufacturing all the way to shipping orders to our customers. Everything is tailor made, or custom made to the fabless or semiconductor companies demands or requirements. So, I think that’s a very, very good fit for the industry and for our company as well obviously.” – Sunny Suen, […]
Momentum: Tensoft’s Virtual User Conference Starts Next Week!
We’re thrilled to announce Momentum, Tensoft’s virtual user conference, designed exclusively for Tensoft customers! Whether you’re working with Tensoft SemiOps, DemandOps, Revenue Lens or Microsoft Dynamics 365 Business Central, this is your opportunity to supercharge your learning with insider tips, expert insights, and live demos. No matter your experience level, Momentum will empower you to […]
Everything You Always Wanted to Know About Manufacturing in the Semiconductor Industry
Semiconductor manufacturing stands apart as a unique process when you compare it to other manufacturing processes. From a systems perspective, production in most manufacturing industries is either discrete or process manufacturing – semiconductor manufacturing can be defined as process manufacturing with a discrete outcome. Here’s what I mean by that. The semiconductor manufacturing process is […]
Boost Audit Compliance with Shipping & Invoicing Date Controls in Tensoft
Last month, Tensoft introduced powerful new features like shipping date controls and invoice date limits to help businesses enforce transaction boundaries and meet audit requirements with ease. What Are Shipping and Invoice Date Controls? These new features allow organizations to define a fixed window of acceptable transaction dates for shipping and invoicing activities: Shipping Date […]
How Supplier Integrations in Tensoft SemiOps Automate Chip or Wafer Probe
At Tensoft, customer feedback is one of the key drivers of our product roadmap. We regularly gather feedback from customers and develop features/enhancements based on their industry specific needs. A recent example of this is setting up supplier integrations in Tensoft SemiOps to automate chip or wafer probe. Traditionally, suppliers treat the wafer and probe […]
Tensoft EDI Integrations: How Does It Work?
Tensoft’s customers sometimes require EDI integration as part of their overall ERP/supply chain system. (EDI is Electronic Data Interchange – a B2B standard that has been in place for a long time.) Some Tensoft customers require automated creation of sales orders and invoicing using EDI to deal with their customers. This is particularly useful in […]