Add location for every product item

Currently all items show a general location where it is store. Is it possible to add location for every item like what you have done for serial number. Example when i got 5 items at retail shop shelf 3 row 6 (RS 3-6) and 20 items at storeroom shelf 5 row 2 (SR 5-2) and 50 at the warehouse shelf 16 - 4 (WH 16-4). When I using serial number search, i can locate item with ease and change their location when i relocate them.