The Adjust Position and Orientation option in 
Tool Options allows you to temporarily adjust both the position and the orientation of the transform tools handles.
To use the Adjust Position and Orientation tool option, do the following:
- Select the objects or components to transform.
- Turn on the Adjust Position and Orientation toggle button or press O to reposition the transform tool.
The transform tool switches to the position and orientation axes handles.
- Move your mouse to a new location and click to reposition the tool to that place.
You can also reposition the tool by dragging or rotating the axes handles or dragging the orange sphere handles. Rotate the reposition tool and it snaps similarly as the Transform Rotate tool.
Once you move or rotate the reposition tool, the Reference System drop-down menu displays Temporary.
- Turn off the Adjust Position and Orientation toggle button to switch back to the transform tool.
- Apply the new position and orientation with any of the transform tools.
- To add or update the orientation of the axes as a CRS, click the Save CRS As... button
to open the Add / Update Custom Reference System dialog box. 
The original rotation tool, moved outside of the shape, and the new tool position are shown. The tool automatically snaps to vertices, edges, faces, and guides as you reposition the tool.
When you deselect, select another shape, or change reference systems in the drop-down menu, the reference system position is reset.