It’s not that traditional ERP Inventory systems don’t work for everyone – they just don’t work well for fabless semiconductor operations. Trying to make them fit is much like trying to force your left foot into your right shoe – you may be able to jam it in, but it won’t be comfortable or highly […]
Tensoft DemandOps: What Does It Do?
Here at Tensoft, we’re always trying to find new solutions to handle the industry-specific needs of our customers. One example of this is Tensoft DemandOps, which we built based on customer feedback to deliver industry-specific functionality for semiconductor sales operations. More broadly, it’s designed to meet the needs of companies who sell through extended value […]
Tensoft SemiOps: How Industry-Specific Functionality Makes It Unique
Our fabless semiconductor management solution – Tensoft SemiOps – has been purpose-built for the semiconductor industry, which is why we’ve amassed a long list of semiconductor customers over the years. We’ve seen how Tensoft SemiOps has benefited these customers by providing out-of-the-box functionality that can be deployed quickly; functionality that’s not available out-of-the-box anywhere else. […]
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 […]
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 […]
Astera Labs Finds Tensoft SemiOps Perfect for Semiconductor Operations
Astera Labs, a leader in purpose-built data and memory connectivity solutions, needed an end-to-end ERP solution to support their rapid growth and track inventory at lot level. After evaluating several options, they decided to implement Tensoft SemiOps. Recently, Nathan Willems, the Corporate Controller, and Alice Zhang, the AVP of Business Operations at Astera Labs joined […]
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 […]
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 […]
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 […]
Tensoft SemiOps: Built to Help Fabless Semiconductor Companies Scale
GaN Systems, a fabless semiconductor company based in Ottawa, Canada needed a scalable solution to meet their industry-specific needs and help support their global semiconductor supply chain. After a thorough search, they chose the Tensoft Fabless Semiconductor Management solution. We recently interviewed the team at GaN Systems to learn about their experience with Tensoft FSM […]