Item Orderability Feature

Summary:

We have a use case to hold / release sales order based on the item orderability. Do we have the item orderability feature (similar as EBS) in Fusion Cloud?
For example, for Item ABC, it's orderable for region A.

Sales Order 100 is created with item ABC and customer ship to address as Region value A, order is changed to processing after we submit it.

Sales Order 200 is created with item ABB and customer ship to address as Region value A, order is changed to on hold after we submit it.

Sales Order 300 is created with item ABC and customer ship to address as Region value B, order is changed to on hold after we submit it.