Not actually sure what a "buyout" item is (have some guesses though) but we use subcontract all the time for any WIP items from our plant that go outside for work and are then returned to our plant for more work (or another subcontract operation elsewhere). The subcontract packing slip process allows us to communicate things to the outside process company that are specific to that operation and then, when the parts are returned, process them via a normal material receipts process with inspection (as needed) and receipt into internal WIP inventory. The lack of receipt on an outstanding subcontract PO allows a pretty good view of what material is currently "outside" and when it is due back.
Buy outside, I assume, is more like having a subcontractor initiate the part from the raw material procurement and deliver a partially produced or finished sub-component part that is then used in an operation at your facility. I would treat this as any other material purchase.
-Todd C.
________________________________
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of ljaynes64
Sent: Thursday, July 26, 2007 4:12 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Subcontract
Does anyone have any thought as to when a Subcontract Operation should
be used. And what the Difference is between A Buyout Item and
Subcontract.
Thanks - les
________________________________
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Buy outside, I assume, is more like having a subcontractor initiate the part from the raw material procurement and deliver a partially produced or finished sub-component part that is then used in an operation at your facility. I would treat this as any other material purchase.
-Todd C.
________________________________
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of ljaynes64
Sent: Thursday, July 26, 2007 4:12 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Subcontract
Does anyone have any thought as to when a Subcontract Operation should
be used. And what the Difference is between A Buyout Item and
Subcontract.
Thanks - les
________________________________
The information contained in this E-mail message and any documents which may be attached are privileged and confidential, and may be protected from disclosure.
Please be aware that any use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you think you have received this message in error, please reply to the sender.
For more information please visit www.harveyvogel.com
[Non-text portions of this message have been removed]