[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 […]
Tensoft SemiOps SI (Supplier integration): How It Got to Where It is Today
Tensoft has been helping semiconductor manufacturers integrate efficiently with their supply chain partners since 2001. During that time, we’ve built integrations to all of the Tier 1 semiconductor supply chain partners, most of the Tier 2 partners, as well as even some very small partners that we worked with as “one-off” integration efforts. As you […]
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 […]
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. […]
What’s Missing in Traditional ERP Inventory Systems?
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 […]
Lot-Based vs Demand and Supply-Based Planning in Semiconductor Industry
Planning is, ideally, about supply and demand. Semiconductor supply is a flush of all inventories and WIP to all possible outcomes – to include multiple end products from a single wafer, to include other variables like binning or programmability, or whatever model you may have for finalizing finished parts. Demand is ideally forecast and actual […]
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 […]
Why Contract Billing is Harder than Subscription Billing
Subscription billing management isn’t easy – no question about it. The subscription model is about building, optimizing, marketing and selling packaged offerings. It’s repeatable and it’s often high velocity. These packages may have some components that create some complexity to the billing process – maybe a bundle of services, or some offerings may be usage-based […]
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 […]
Revenue Recognition and Your Go to Market Model
How does your company go to market (GTM)? For many financial leaders this is a new question to consider, especially in regards to its relationship to revenue recognition. In my experience, this is actually a critical understanding, impacting everything from the business solutions you use to the productivity of your company. For technology companies, revenue is […]