Service items are useful to simplify the process of creating and invoicing orders for non-inventory items that need to be included in a Sales Order. These may be items like engineering services, warranty fees, prepayments and NRE’s. In Tensoft DemandOps, there is the functionality to flag a saleable part as a Service item and by […]
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 […]
The Trick to Supporting a Semiconductor Startup Ramp
As anyone familiar with the semiconductor industry knows, there’s a lot of variation in what semiconductor design-based organizations make. Tensoft’s customers include companies that make silicon and compound integrated circuits, MEMS devices, LED, RF, solid state, and solar technologies. All of these need to manage global production across multiple vendors. And, they also need to […]
Does Tensoft SemiOps Integrate with NetSuite?
Over the years we have integrated Tensoft’s fabless semiconductor management solution with a variety of mid-market cloud systems. From SAP to NetSuite to Oracle to Sage/Intacct, we have done it all! In this blog post, I’ll give you a glimpse of our integration process with NetSuite. NetSuite’s Advanced Financials module is the recipient of data […]
A Look at Three Phases in the Life of a Semiconductor Company
Continuing a thread started in a previous blog post, let’s look at the stages that Tensoft’s semiconductor, sensor, and module start-up customers typically experience. These stages can be characterized as pre-ramp, production ramp and production breadth. The ability to successfully navigate each stage requires a clear understanding of the industry issues and drivers inherent in […]
Overview of Bookings, Billings and Backlog Reporting
Here is a quick overview of bookings, billings and backlog in Tensoft SemiOps and DemandOps: Bookings Booking is an order that is entered in DemandOps and any update to it is the booking change. The bookings are based off of sales order entry date. If you go into any order and click on the information […]
Key Reports in Tensoft Power BI Dashboard | Semiconductor, IoT and AI Industry
Building on years of experience in Semiconductor industry, Tensoft has developed an industry-specific Power BI dashboard to help its customers gain more insights into their data. In this video, I’ll cover some of the key reports in this dashboard. The following is a full transcription of the video above: “This is our pre-built Power BI […]
Why Consider Supplier Integrations with Tensoft?
We at Tensoft are often asked how our products can integrate with suppliers in semiconductor supply chain and how we can help them with streamlining their inventory management and financial reporting? Types of Supplier Integration Tensoft offers 2 levels of integration. These are within the SemiOps application where the manufacturing processes are tracked in detail. […]
Month-End Close: Cost and Variance Analysis in Tensoft SemiOps
Most companies in the semiconductor industry typically use the Standard Costing method and so we have a great deal of experience using it. In fact, Tensoft SemiOps uses the Standard Cost model. You set up a goal or standard for what you expect to pay your vendors or what you expect the output yield to […]
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 […]