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 […]
Get Ready for Spring 2024 Momentum
We are excited to announce Momentum, our first virtual user conference for the year 2024. Hosted exclusively for Tensoft customers, it will be held on Tuesday, May 14 and Wednesday, May 15 with the sessions distributed over 2 half-days. This is a fantastic opportunity to learn about the new features and best practices from the […]
How Does EDIFACT Work with Tensoft System
Tensoft has customers across Europe, Asia, Africa, and North America. To cater to our global customer base, we use both X12 and EDIFACT standard for transferring files from different ERP systems to Tensoft system. The major difference between X12 and EDIFACT is that X12 is widely used in United States and EDIFACT is most widely […]
Introduction to Tensoft Power BI Dashboard
Tensoft Power BI Dashboard pulls data from Tensoft SemiOps and DemandOps, and generates interactive and meaningful reports to provide great insights into your data. There are more than 15+ standard reports available, covering everything from- Bookings by Schedules Backlog Shipments Inventory Backlog vs Inventory vs Commit WIP Cycle Time IBOM Flow And much more… The […]