Subcontracting Process (Vendor Wise W/H) ....???

Hi,

We are sending the material outside for job work. I have created a single warehouse where all the material is going.

but here I stuck at consumption in production order…from which vendor i have to consume the material (some time same material).

somebody suggested me to create separate ware houses (vendor wise ware house) …

Do I rally need to crate the separate Vendor Wise Ware House ???

At the same time, I also want a report Vendor wise Inventory Status …is there any standard report for the same.

Thanks in advance.

RK