When searching for Products, you will also be able to utilize the Search Bar for color name and color code and not just the product name. This is helpful to type in the name or code instead of scrolling through the Color dropdown.
Here is a product pop up where you can see the color name and code for ROYAL.
Now you will see two screenshots searching for product with both Royal and 001.
If you have additional questions, contact firstname.lastname@example.org