Create a material master for Finished / Semi finished product.

Create a material master for all sub components

Create Bill of Material for Finished / Semi finished product:

CS01
Then save the entries
Create info record for subcontract vendor: ME11
Conditions:
then save the entries.

Create Purchase Order: ME21N

Item Category: L
To view list of components required
Click on components
Go back and save the entries.
Check the Availability of sub components.

Issue / Transfer the components to Sub contractor with ref to Sub contracting PO.

Option1:
then execute
Select the components then click on Post Goods Issue button on Application tool bar
continue till complete issue of selected components.
display the stock overview
MMBE
Option2: Stock Transfer
MB1B or MIGO_TR or MIGO
Movement type: 541

Click on TO Purchase Order

THEN click on Adopt details
Since this component already transferred and we dont want issue again
Cancel the displayed entry
Repeat the same process for unwanted components
This line entry needs to be issued. In this case press enter
then save the entries.
Post GR with ref. To subcontracting PO

MIGO:
Check the entries then Post
Check:

1. Display Material document

2. Check Accounting entries:
3. Display stock overview of sub components
Stock overview for Finished / semi finished product
scenario: Issue of sub components varying from vendor to vendor:

Create Alternate BOMs as per the requirement for the same material

Change the Material master data in MRP4 View To pick the relevant BOMs

MM02:
Click on Prod Versions Button
Place the cursor on Version number and click on details
then continue.
Repeat the same process for remaining versions
Continue
Go back and save the entries.

Change info record for BHEL Vendor with version 01

ME12
Save the entries.

Repeat the same process for remaining vendors with relevant version.

Create the PO: ME21N