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 […]
Understanding Part Types Used by Tensoft
The different part types used in Tensoft SemiOps & DemandOps offer a lot of flexibility to end users to track and report parts, orders and invoices. It allows you to name and market the parts in a more customer friendly manner and be able to adapt to customers naming their own parts that are mapped […]
Revenue Management Module in Tensoft DemandOps
In Tensoft DemandOps, we have a revenue management module that includes currency conversion subscription, net revenue tracking options, revenue management API, etc. The following provides a brief overview of some of these features: Net Revenue Setup We realize that for accounting purposes sometimes you need to know what your actual revenue will be. So, we […]
Received Not invoiced (RNI) Report in Tensoft SemiOps
Received not invoiced (RNI) in Tensoft SemiOps represents Production Releases which have been fulfilled by vendors through the receipt screen, but the AP invoices for these goods/services have yet to be sent or acknowledged. When a receipt is created in SemiOps, inventory is debited, and the accrued purchase account is credited. When users eventually get […]
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 […]
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. […]
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 […]
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 […]
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 […]
Schedule Management in Tensoft SemiOps
Scheduling is the process of assigning commit dates or planned ship dates to backlog lines. Tensoft SemiOps streamlines the schedule management processes and integrates with planning and backlog. The Sales Operations can enter the orders including the customer request date for each line to be shipped and the Operations team, supported by the production plan […]