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 […]
Reporting in Tensoft SemiOps
Reporting is a key aspect of any application. Tensoft recently hosted a webcast on some of the different ways of getting information and data reports out of Tensoft SemiOps. During this session, I covered several different report types and provided a basic review of the data elements, as well as a demo. Below is a […]
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 […]
Standard vs Actual Cost: Choosing the Best Method in the Semiconductor Industry
Within the fabless semiconductor industry the standard cost approach is usually the norm, but some still argue for the use of actual cost. In reality, actual cost methods – such as specific identification, moving average, FIFO, and LIFO – are less able to deal with the complexities of the semiconductor industry. Actual cost is a […]
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 […]
Quick Ship Functionality in Tensoft SemiOps
Below is a full transcript from our latest training video on the new quick ship functionality in Tensoft SemiOps. “In this demo, we will be going over the new quick ship functionality. The quick ship screen is going to be under the Shipment module in SemiOps. It’s going to be Quick Ship DO. So, when […]
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 […]
How to Get an Industry-specific Fabless Semiconductor ERP That Works for Both Finance and Operations
In today’s post-modern ERP world, many emerging companies reject the monolithic “all-in-one” solution of the past. Instead, they’re opting for a best-of-breed cloud approach, which is now well-supported by current integration technologies. So, this popular approach no longer requires a large IT department (and budget). Consequently, it’s easier than ever for mid-sized companies to get […]
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 […]