A service tracking system for a printing press (1), spray applicator (1′) or the like includes at least one replaceable component (10) having at least one memory unit (20). The service tracking system further includes a controller (30) which is connected to the memory unit (20). The controller (30) is configured to control the operation of the replaceable component (10) and to periodically update data stored on the memory unit (20) related to run-time data regarding the operation of the specific replaceable component (10).