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Is there a way to capture inventory attributes tied to inventory on hand?

Summary:

example: Want to capture inventory based on two attributes- color and type

When Item is received via PO or Misc receipt want to be able to pass a value for Color and Type for the quantity.

We would like to be able to match supply/demand based on these values. Example be able to specify color and demand in transfer order line for s specific item or be able to specify Color and Value in SO line so that inventory reservation can be done based on these values as well.

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