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Codification logic for Company codes

Dear Experts

We are debating on a logic for codification of company codes in our system. We are planning a single instance single client installation for ECC 6.0 and we have companies acrss the globe. We were debating whether to use go for simple all numeric code where the first 2 digits represents a number mapped to a country (for example 20 for india, 21 for china) and the next two digits as running serial number. We are also debating whether we just go with first 2 characters as alpha numeric representing the ISO code of the country as given by SAP (viz. IN for india, BR for brazil) and have the next 2 characters as running seral number.

Wanted to check with the experts if going with either logic does not make any difference or is there any specific advantage with any of them



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