Wastage Management in Production Process

I am working on a project in a Glass Industry. There is a finished product called Toughened Glass with specific size(Length and Width). In order to produce the item there are 5 production process invovled. There is wastage generated in every production process. Now they want to manage the wastage produced in every stage. How in SAP B1, we can manage it?

Scrap/Waste Items Management
During the process of production, some of the items are generated, which are termed as Scrap
Solution :
Scrap will be defined with negative quantity in bill of material.
It is the system logic that Scrap cannot be managed by serial numbers or batch numbers.. To convert the Scrap stock into batches, use Goods Issue and Goods Receipt function
Issue method for Scrap should be backflush
Note:
SAP Business One does not consider the child items 'calcprice' in the calculation of the Parent item 'calcprice' when creating a Production Order for a BOM which contains one or more components (Child Items) with negative base quantity. Note! This calculation also affects the Actual Product Value and Actual Components Value fields in Production Order.
So, Scrap do not affect the cost of the product, and they are received to stock with their current cost. The production/finished product cost will show the cost of total component issued to production.
Production/Finished product cost = sum of component item costs
Note:
Scrap item cost is not reduced from the total production cost/ finished product cost.
and also
Check this thread
[HANDLING SCRAP FROM PRODUCTION;

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