It cannot be an Inventory Part; you described something Generic. Inventory Part = specifically, the same item every time.
Perhaps you mean "material item" and this would be Noninventory part as the item type. And then you would relieve from stock the Actual Inventory Item you sent as a sample, and you can job track the adjustment screen.
Open your items list. Single-click this item. Right click to run Quick Report. Set the date to ALL. Here is All the use of that bad item.