We are pleased to announce Momentum 2.0 Spring 2023, scheduled for Tuesday, May 9 and Wednesday, May 10. Momentum 2.0 is Tensoft’s virtual user conference held twice a year to empower Tensoft customers. This is a great opportunity to discover some of the tools and resources to take your productivity to the next level. You […]
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 […]
Multi-currency Procurement for Outsourced Manufacturing in Semiconductor Industry
One of the best features in Tensoft SemiOps is multi-currency procurement. In SemiOps, there are two forms of currency – functional and procurement. The functional currency is the currency that SemiOps uses for costing, variances, and valuing inventory. The procurement currency is the currency that you use when you procure or purchase through the Purchase […]
Tensoft SemiOps: A Solid Semiconductor Operations Management Platform
From operations management to scalability, hear how Tensoft SemiOps helped Efficient Power Conversion, a GaN semiconductor company based in California. Massimo Marabotti, the CFO of EPC, recently joined us for video interview to share how Tensoft SemiOps fits their business model well. Watch the case study video or read the transcript below: “My name is […]
Three Tensoft Customers Nominated as Award Finalists for GSA
The Global Semiconductor Alliance (GSA) has announced its 2022 award nominees. We are delighted to announce that three Tensoft customers have been nominated as award finalists. Tensoft customers, Astera Labs and SiFive, have been nominated for ‘Most Respected Private Semiconductor Company’, and the third one, Kandou, is nominated for ‘Outstanding EMEA Semiconductor Company’. We would […]
Introduction to How Tensoft SemiOps Handles Shipping
The ability to ship product on-time and correctly is a critical aspect of our semiconductor companies’ success. However, this often gets short shrift during initial conversations with prospective Tensoft customers, for whatever reason. (My guess is that this is at least partially due to the fact that Operations and/or Finance teams usually lead searches for […]
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 […]
VIDEO: Inventory Value and Standard Cost
The following is a transcript of the video clip below, which was taken from the Tensoft SemiOps (previously known as Tensoft FSM) customer webcast entitled “Standard Cost: Theory and Practice in Tensoft FSM,” featuring Bob Scarborough, Tensoft’s CEO. This complimentary training was originally presented live for Tensoft SemiOps customers. Since the instructional material covered in […]
Current Trends in Semiconductor Industry
Over the last year, it’s become common knowledge that the COVID-19 pandemic has disrupted global supply chains – almost every consumer has been affected in one way or another. One of the things that happened in the semiconductor industry is that chip production for the auto industry fell off in 2020 due to auto factory […]
How to Overcome Challenges to Scaling Production Ramp
One of the biggest challenges faced by semiconductor and IoT operations and finance executives everywhere is scaling effectively and efficiently. As production ramps and organizational complexity increases, companies worldwide need to equip themselves early on to mitigate execution risks and the (albeit positive) chaos accompanying hockey stick growth. One of Tensoft’s recorded webcasts, ‘Challenges to […]