One of the best features in Tensoft SemiOps is multi-currency procurement. In SemiOps, there are two forms of currency – functional and procurement. The functional currency is the currency that SemiOps uses for costing, variances, and valuing inventory. The procurement currency is the currency that you use when you procure or purchase through the Purchase […]
An Introduction to Standard Costing in the Technology Industry
[The following is a partial transcription of the beginning of a recorded Tensoft SemiOps training webcast, which is available to anyone who’s interested – see video here.] “While semiconductor manufacturing is a process, it also has fixed outcomes, which makes it unique. So it’s not really process manufacturing like food, oil and gas, or paint […]
Rework Vs Scrap and Bonus
During our Spring Momentum, we covered one of the most requested topics on ‘Rework vs Scrap and Bonus’, and the best practices to use them. Below are a few highlights from this webcast that you may find helpful. Rework A rework is a type of production order that allows you to move inventory through a […]
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 […]
Top Tensoft Blog Posts of 2022
As we wind down this year and start planning for the new year, we want to take a moment to share our list of top Tensoft blog posts with you. In 2022, we covered an array of blog post topics providing insights on the supply chain and ERP solutions developed specifically for the semiconductor industry. […]
Microsoft Power BI: Desktop App vs Web App
There are two interfaces to Power BI – Desktop App and Web App. The Desktop app is a desktop application that’s installed on your PC and the Web app is the one that can be accessed through a URL. Desktop App Most of the design work is done in the Desktop app. This is where […]
Three Tensoft Customers Nominated as Award Finalists for GSA
The Global Semiconductor Alliance (GSA) has announced its 2022 award nominees. We are delighted to announce that three Tensoft customers have been nominated as award finalists. Tensoft customers, Astera Labs and SiFive, have been nominated for ‘Most Respected Private Semiconductor Company’, and the third one, Kandou, is nominated for ‘Outstanding EMEA Semiconductor Company’. We would […]
Introduction to How Tensoft SemiOps Handles Shipping
The ability to ship product on-time and correctly is a critical aspect of our semiconductor companies’ success. However, this often gets short shrift during initial conversations with prospective Tensoft customers, for whatever reason. (My guess is that this is at least partially due to the fact that Operations and/or Finance teams usually lead searches for […]
What Does Tensoft SemiOps Have That My Spreadsheet Doesn’t?
If you’ve been in the semiconductor industry for any length of time, you’ve probably seen some of the world’s most spectacular spreadsheets. You may have even created one of these masterpieces of supply chain planning and execution yourself. If so, our hats are off to you! The semiconductor supply chain is famously complex, so managing […]
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 […]