Allocation from Quotes

Hi all,

We have a new line of products and I was wondering if some of you have
any ideas on how to handle this.

We are selling custom imprinted items that are made in China. If we
take an order or a quote, we need to make sure we have enough stock in
house that is not spoken for to complete the order. It takes about
120 days to get new stock, so over promising is a big concern.

My first thought is to make a quote for the items so that they are
allocated in the system as possibly being used. Is this feasible?
Will inventory track quoted items, or just orders and jobs?