How to manage Serial Numbers at the Subinventory level and not Locator level

User has a business requirement to be able to manage serial numbers at the subinventory level and not at the locator level (when subinventory is locator controlled).   From the user's experience with other ERP software, they had the ability to receive in, store and issue out serial numbers at the subinventory level only.  Serial number transactions were not necessary at the locator level; only item, revision, lot and quantity information was needed at the locator level.  Is this functionality available in standard Oracle?

We are not using WMS.

Thanks in advance.