1. A system comprising: a first identifier tag coupled to a piece of wellbore servicing equipment; a second identifier tag coupled to a consumable component of the piece of wellbore servicing equipment; an identifier tag reader capable of receiving a first unique identifier from the first identifier tag and a second unique identifier from the second identifier tag, wherein the first unique identifier uniquely identifies the piece of wellbore servicing equipment, and the second unique identifier uniquely identifies the consumable component; and an information handling system communicatively coupled to the identifier tag reader, the information handling system comprising computer-readable media programmed so as to store a database thereon, the database comprising an entry that comprises information corresponding to the first unique identifier and information corresponding to the second unique identifier.