Is that any possiblity to Un-reserve Inventory Item automatically by system.

Hi,

We've a scenario that system should automatically un-reserve an reserved inventory item based on time limit. Let suppose one user has reserved one inventory item against one order later that order is cancelled and user forgot to un-reserve the item. That reserved inventory item will not be accessible for other transactions so our client needs that system should automatically un-reserve that item in maximum 45 days.

In above case system should identify the item which is reserved and having no other activity since last 45 days, system automatically un-reserve that item on the time. Is that any standard functionality available in system to achieve this task?