Help: eAM Asset Replacement Process?

 Hello Everyone,

What should be an ideal process for Asset repair/replacement in eAM wherein it is required to send the asset back to supplier for repair/replacement & receive same asset back if repaired & receive new asset if replaced?

e.g. Asset no Laptop1 needs to be sent for repair/replacement to supplier. Supplier either sends repaired Laptop1 or replaced asset Laptop2 against Laptop1? How this tracking can be facilitated in eAM?

Tried with rebuildable parent-child relationship but seemingly lost in it.

Other way worked was receipt asset group & return serial to supplier.But here the problem is asset cant be returned once issued to a location.?