As a global semiconductor company, you may need to adapt to changing business practices around the globe. With the recent release of Tensoft DemandOps, we have expanded our invoicing capabilities to allow for the creation of different templates so that you can invoice using the applicable template. For example- if you are shipping from a […]
2023 GSA Annual Awards: Three Tensoft Customers Nominated
This month, Global Semiconductor Alliance (GSA) revealed the 2023 Annual Award nominees. We are proud to announce that three Tensoft customers, Astera Labs, SiFive, & one customer that wishes to remain anonymous, have been nominated this year. Astera Labs & SiFive are nominated for this year’s “Most Respected Private Semiconductor Company Award”. Congratulations to all […]
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 […]
Strategies for Reducing Semiconductor Product Costs
For emerging semiconductor chip companies, the primary goal is to customer acceptance of products and to sell product. However, as chip companies scale, everyone’s attention turns very quickly to lowering costs. It becomes critically important that Operations and Finance work together to achieve strategic goals and to manage costs effectively. In order to do that, […]
Internal Production in Supply Chain through Tensoft SemiOps
We define supply chain as component sourcing from multiple suppliers brought together to build a product. For semiconductor companies, there are some components, but it is mostly about the process. The semiconductor supply chain is a series of process steps–often done at multiple locations and with multiple suppliers. Instead of procuring materials to build one […]
What’s New in Tensoft SemiOps
Last month, Tensoft released a minor update for Tensoft SemiOps. This update included enhancements and new features in response to user feedback. Shipping Updates With this new release of Tensoft SemiOps, you can modify certain data items after a shipment has been finalized or a financial transaction has been posted. It provides you with increased […]
Top 5 Questions from Operations Answered
In this blog post, we have answered the top 5 questions that we receive from Semiconductor Operations on a Sales Call: What type of semiconductor companies have you worked with in the past? We have 20+ years of experience working with companies big and small in the semiconductor industry. Tensoft SemiOps supports fabless semiconductor, traditional […]
The Right ERP System for Fabless Semiconductor Companies
Ron Jones, CEO and founder of N-Able Group International was an authority on the fabless and outsourced manufacturing business model. He chaired the GSA (Global Semiconductor Alliance) Business Management Systems Committee during the 14 years of its existence, and became familiar with Tensoft’s products and services then. The following is a partial transcript of an […]
Tensoft’s Customer User Conference Starts Next Week!
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 […]