In Tensoft DemandOps, you can setup different document types. These include the standard document categories like invoice, order, return, quote, etc. After creating the document category, you can assign a numbering scheme to it. This numbering scheme shows up on reports and is useful for tracking based off the document type. For example, you have […]
Benefits of Using Service Items in Tensoft DemandOps
Service items are useful to simplify the process of creating and invoicing orders for non-inventory items that need to be included in a Sales Order. These may be items like engineering services, warranty fees, prepayments and NRE’s. In Tensoft DemandOps, there is the functionality to flag a saleable part as a Service item and by […]
Packing Labels for Reels in Tensoft SemiOps
One of the main functionalities that we have in Tensoft SemiOps is the generation of forms like packing slips and shipping labels during the shipment of finished goods to customers. If you need to print any labels before a shipping label, then you can do that too. For example, you need to create a product […]
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 […]
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. […]
Standard Inventory Costing for Fabless Semiconductor Companies
Since most of our high tech and fabless semiconductor customers use standard costing, we’ve had quite a bit of experience advising companies on how to set up standard costing, and thought it might be of interest to a wider audience as well. As a starting point here then, I’d like to spend a little time […]