Abstract: A method for setting up a mobile depreciating asset system is herein disclosed. In this embodiment, the method for setting up a mobile depreciating asset system comprises attaching a first RFID to a parent item, and attaching a second one or more RFIDs each to a one or more child items. The first RFID comprises a first unique identifier. Moreover, the method also comprises the steps of writing a first unique identifier to the first RFID, writing other unique identifiers to the second RFIDs and storing in a database a relationship between the first identifier and the other identifiers.

Abstract: A system for attaching RFIDs on tires is herein disclosed. In this embodiment, the system for attaching RFIDs on a tire comprises a base, and an RFID housing. The base comprising an orifice. The base capable of affixing to a tire. The RFID housing capable of substantially fitting within the orifice.

Abstract: A system and method for tracking consumable items is herein disclosed. In this embodiment, the method for tracking consumable items comprises storing a first unique identifier associated with a parent item on a server, and reading the first unique identifier from a first RFID attached to the parent item using an RFID communication computer. The method also includes reading one or more other unique identifiers from other RFIDs each attached to a unique child item and sending the first unique identifier and the other unique identifier to the server.