There are a number of definitions for supply chain optimization. Our perspective is a broad definition, where the goal of supply chain optimization is to maximize revenue and/or product margins by building the right thing at the right time for the right people. To achieve this goal requires a sophisticated level of understanding and action. […]
How to Manage Dates for Financial Period Close in Tensoft SemiOps
Managing financial period close in Tensoft SemiOps requires a clear understanding of how different types of dates are handled or used throughout the system. In this blog post, I’ll cover the three key dates you need to manage in SemiOps and how they impact your financial close and reporting. Transaction Date A transaction date is […]
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 […]
Rework Vs Scrap and Bonus
We recently explored one of the most requested topics: Rework vs Scrap and Bonus, and the best practices for using them. Below are a few highlights from this session that you may find helpful. Rework A rework is a type of production order that allows you to move inventory through a test step again, or […]
ERP Built for Semiconductors: XMOS Finds the Perfect Fit with Tensoft SemiOps
You basically cover the whole flow from manufacturing all the way to shipping orders to our customers. Everything is tailor made, or custom made to the fabless or semiconductor companies demands or requirements. So, I think that’s a very, very good fit for the industry and for our company as well obviously.” – Sunny Suen, […]
Momentum: Tensoft’s Virtual User Conference Starts Next Week!
We’re thrilled to announce Momentum, Tensoft’s virtual user conference, designed exclusively for Tensoft customers! Whether you’re working with Tensoft SemiOps, DemandOps, Revenue Lens or Microsoft Dynamics 365 Business Central, this is your opportunity to supercharge your learning with insider tips, expert insights, and live demos. No matter your experience level, Momentum will empower you to […]
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 […]
Boost Audit Compliance with Shipping & Invoicing Date Controls in Tensoft
Last month, Tensoft introduced powerful new features like shipping date controls and invoice date limits to help businesses enforce transaction boundaries and meet audit requirements with ease. What Are Shipping and Invoice Date Controls? These new features allow organizations to define a fixed window of acceptable transaction dates for shipping and invoicing activities: Shipping Date […]
An Overview of Inventory Transfers in Tensoft SemiOps
In Tensoft SemiOps, there are three types of inventory transfers – regular transfer, issue and inventory disposition. Transfer: A transfer is used for transferring inventory from one location to another in either an available or quarantine status. Above is a screenshot of the transfer screen. Here you have the Transaction Date where you can select […]
Reporting with Power BI for Semiconductor Industry: Part II
Continuing the previous blog post on some of the standard reports in Power BI: Backlog vs Inventory: This gives you a snapshot of what’s available today and what your backlog is. On the left-hand side, you will see the Backlog $ by Item and Customer and on the far-right hand corner, you have Backlog Quantity […]