Add a level between Department and Location

Would it be possible to add a level between Department and Location so that locations can be grouped together? For example this would allow a set of locations to be arranged by geographical area?

So we could group location by continents or several countries grouped together to reflect Company structure - for example, an office (department) in Singapore could be controling items located in Korea, Japan, Indonesia etc…

Please vote for this idea if you agree so that we can prioritize it.
If you have any inputs, we’d love to hear them :blush: