A process equipment tracking system utilizing an attached RF ID tag attached to the process equipment during manufacture or thereafter. The RF ID tag is coded with an identification specific to the particular process equipment. An RF ID tag reader is provided, which is usable by a user to obtain the identification from the RF ID tag on the process equipment, preferably after the equipment is installed at the user facility. The RF ID tag reader includes a user input for at least one trackable event and can write data based on the at least one trackable event back onto the RF ID tag. The RF ID tag reader is at least one of connectable to a PC or the internet, or is compatible for uploading the identification and any user input to an internet accessible device. A process equipment database is provided, having process equipment-related information. The process equipment database provides access to a user to obtain the process equipment-related information based on the identification from the RF ID tag and receives and stores data related to the at least one trackable event.