Semiconductor Cloud ERP Specialist Tensoft Signs Deal with Solantro Semiconductor -- The Newest Renewable Power Management Company to Adopt Tensoft FSM
San Jose, CA (PRWEB) November 26, 2013 -- Tensoft, the leading semiconductor Cloud ERP provider, today announced the execution of a formal agreement with Solantro Semiconductor Corp. of Ottawa, Canada. Solantro, a provider of highly integrated semiconductor chipset-based solutions for distributed power conversion, energy storage and grid management applications will use Tensoft’s Software-as-a-Service (SaaS) solution, featuring Tensoft Fabless Semiconductor Management (FSM), to manage end-to-end semiconductor ERP processes. Benefits include maintenance of disciplined inventory levels, dynamic lead times, bolstered production automation and heightened financial awareness and controls.
Tensoft FSM was built from the ground up to accommodate the semiconductor industry’s unique manufacturing flow using an "inverted bill-of-materials" (iBOM). The iBOM manages the nuances of starting with one wafer and ending with multiple die, chips or modules versus a traditional BOM available in mass market ERP and MRP systems designed to convert multiple raw materials into a single end product. FSM also supports many of the other functions that are critical for fabless semiconductor and integrated circuit manufacturers, such as the ability to consolidate and analyze work-in-progress (WIP), yield and attributes across vendors and over time, and the ability to track lot genealogy, both forwards and backwards.
“We look forward to implementing Tensoft FSM to manage our ERP and supply chain operations,” said Solantro’s COO Lucas Smith. “Tensoft’s track record in the semiconductor industry as well as their success with other renewable energy and power management companies made them an ideal partner for us. In fact, I have worked with Tensoft before and found that their products and services significantly enhanced the productivity of our team and the reliability of our delivery commitments. We look forward to a successful outcome at Solantro as well.”
“Solantro’s unique products, complex manufacturing processes and rapid growth make it a perfect fit for Tensoft FSM,” said Robert Scarborough, Tensoft President and CEO. “The ability to unite disparate departments, manufacturing facilities and systems through a single semiconductor ERP platform will enable them to scale for even greater growth in the future.”
Solantro joins other Tensoft semiconductor-based customers in the renewable energy and power management industries that create solar, storage, power conversion, high performance computing and LED products, including CHiL Semiconductor, Solar Junction, SemiSouth Laboratories and iWatt.
”Smart Silicon” manufacturers rely on Tensoft FSM for:
- Industry-specific planning engine, production control, operations execution and distributor management capabilities, such as an “inverted BOM”, outsourced supplier and fulfillment portals and ship-and-debit capabilities, enable Tensoft customers to compete with larger competitors on a more even playing field.
- Automated communication between subcontractor and supply chain vendors, providing real-time visibility and control into all production activity through standard reports and dashboards.
- Streamlined capabilities at every step of the process from foundry to fulfillment to provide efficiency, visibility, and cost reductions, ensuring that Tensoft FSM customers can build the right materials and deliver them on time.
About Tensoft FSM
Tensoft Fabless Semiconductor Management (FSM) is a web-based application that supports semiconductor and related industry manufacturing processes. Delivered on premise or in the cloud, Tensoft FSM supports the unique production, supply chain and financial needs of semiconductor and high tech businesses, and is designed to smoothly scale with growth and changing business requirements.
About Solantro Semiconductor Corp.
Solantro enables the development of intelligent, distributed renewable power generation and smart grid management by introducing a fundamentally new approach to Grid-Tied Solar PV, Off-Grid/Micro-Grid, Grid-Tied Storage and Smart-Grid architectures. Providing highly-integrated semiconductor chipsets coupled with intelligent and customizable hardware and software reference platforms allows customers to bring to market highly-differentiated products with extremely attractive performance, reliability and economics. For more information about Solantro, go to http://www.solantro.com.
About Tensoft
Tensoft, the leading semiconductor industry Cloud ERP provider supporting emerging growth, mid-tier public companies and divisions of multinational conglomerates, provides business management applications to automate industry-specific lifecycle processes for the semiconductor, technology and software industries. Tensoft's business-ready solutions extend broad, horizontal ERP functionality to complete the most vertically demanding, high-tech needs through critically relevant content, domain expertise, embedded best practices and performance analytics. For over 17 years, technology companies worldwide have relied on Tensoft software and cloud-based services to power and improve operations. Tensoft is headquartered in Silicon Valley with offices throughout the U.S., Europe and Asia. For more information, go to http://www.tensoft.com or call (888) 450-4030 x406.
Caprice Murray, Tensoft, Inc., http://www.tensoft.com, +1 408-884-0360, [email protected]
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