We have a similar numbering standard that we have used for over a decade. Im just over it. Same with all the time making custom length patch cables but thats another thread. During commissioning and service calls i just want to read a plain English label and not have to have a printed out spread sheet and schematic to remember that "MK" is the marketing department and not Mary Kays office or the Michael Kors store or Mikes Kitchen or whatever.

Marketing
WI-FI AP
Switch 1 Port 5

Is easier for me to read. On remotes and touchpanels i include the IDs/IPs/Gateways whatever so that i dont have to carry around a book of documents. I started dumbing the labels down about 3 years ago and its made my life so much easier.