Everyone I've met who uses a system of notches swears blind that their system is the industry standard.
It is not.
It may have been what they were taught but it wasn't what anyone else was taught.
There is no system of notches made reference to in any official documentation and it isn't taught in colleges, it's down to personal preference and only works if everyone working on the job knows the system.
I'm one of the ones who writes on the sheath what it does - if you've got cables with 'feed', 'S/L', 'strappers' etc on them then it's clear to anyone what the cables are for. Sure the decorators could paint over them, or the wood butchers could drill into them, or the spreads could butter over the boxes, but you could go on forever like that.