I have a requirement here which needs to ship the raw material(Material A) to the supplier, the supplier will send it(Material B) back when they finish processing it(suppose they paint the raw material A and send it back as B).
what we would like is tracking the items numbers sent to the supplier and the inventory changes, (the cost of shipping is not considdered at the moment).
Yes that is pretty standard, a vendor operation, issue the BOM components from teh supplier warehouse, configure it to transfer the components to the supplier warehouse or manually do it. Receive PO for services, complete production. Pretty standard, discussed a lot on here and AX does that.
Yes, you transfer raw material out with the configuration of a vendor warehouse. The “receipt” is for a service, you can receive it in as an item and then consume it later in the process, but in reality you are paying for the service - the items are yours with value add.