In Tensoft SemiOps, a production order is called as a Production Release or ‘PR’. There are three types of production releases – Standard This is an order created by the supplier to buy a set quantity of material. At the time of release, it requires all material to be allocated at once. If you want […]
Tensoft Customer Conference Kicks Off May 13
We are pleased to announce Momentum, Tensoft’s exclusive online user conference, offering three days of free training from product experts. Hosted from May 13 to May 15, this event will cover sessions on Tensoft SemiOps, DemandOps, Revenue Lens and Microsoft Dynamics 365 Business Central. Customers can gain insights into product updates, discover best practices, and […]
Transfer Orders in Tensoft SemiOps
Transfer orders in Tensoft SemiOps support inventory moved internally from one location to another. Unlike a simple transfer transaction, transfer orders give you full shipping support. They allow shipping documents like commercial invoices, packing slips, shipping labels, and so on to be generated. Transfer orders can be used for any parts you need to move […]
Revenue Management in Tensoft Revenue Lens
Below is a full transcription of the video above: “So once a revenue agreement is created, then you’re going into ongoing management process of a revenue document. Most of the time you wouldn’t edit a revenue agreement after it’s created. That would generally an anomaly. This may happen when there’s a contract modification after the […]
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 […]
Inverted Bill of Materials vs Consumed Material Model in Semiconductor Industry
Usually in semiconductor production process, we use an inverted bill of materials (IBOM). A wafer in the inverted bill of materials can become multiple different finished goods instead of multiple parts in a bill of materials all coming together to be built into a finished good. The screenshot below shows the inverted bill of materials […]
Managing Export Restrictions in Tensoft DemandOps
As you may be aware, several countries and organizations are imposing trade sanctions. Tensoft has a globally distributed customer base and so a lot of them need the ability to systematically track the export restrictions on their parts or businesses. With the upcoming release of Tensoft DemandOps, we plan to add a new feature that […]
How to Turn a Contract into a Revenue Agreement
Once you have the contract in the system, then you turn it into a revenue agreement. This is where fair value might come into play depending on the situation. Similar to defining a contract, you will need to discuss this with your auditors or put an accounting lens on to determine if each line on […]
How to Define a Contract and Get it into Tensoft Revenue Lens
ASC606 defines a contract as an agreement with a customer. It is an enforceable contract that’s been approved and it’s probable that you’re going to collect the fees from the customer. There is specific accounting guidance on that, and you have to go through it when you’re thinking about defining the contract in Tensoft. Tensoft […]
An Overview of Production Planning in Tensoft SemiOps
With Tensoft SemiOps Production Planning, you can quickly and accurately schedule backlog shipment dates, drive creation of your production orders (“PR” or production release in SemiOps) and gain insight into action items for your planners related to production scheduling or exception management. All of the information that you need is already available in Tensoft SemiOps: […]