How to Control LOV of standard field in Inventory Management (New) via custom lookup or Custom Role

We have requirement to control the list of sub-inventories at transaction level in Inventory management for all kind of inventory transaction.
We want to explore if we can control the list of values in standard sub-inventory through a custom role or custom lookup.

How to achieve this in Inventory management (New) - redwood application.

Any input on this will be highly appreciated.