System and method for monitoring a condition of a rotatable component

A method for monitoring a condition comprising:

• providing a receiver with a list of machines including a first machine having a first rotatable component and a second rotatable component and a second machine having a third rotatable component,
• attaching a first adhesive label to the first machine, the first adhesive label including a first QR code or barcode that contains information identifying the first rotatable component and a first processor configured to collect information concerning a condition of the first rotatable component and a first transmitter configured to automatically transmit the collected information concerning the condition of the first rotatable component,
• attaching a second adhesive label to the second machine, the second adhesive label including a second QR code or barcode that contains information identifying the third rotatable component and a second processor configured to collect information concerning a condition of the third rotatable component and a second transmitter configured to automatically transmit the collected information concerning the condition of the third rotatable component,
• selecting the first machine from the list of machines,
• scanning the first QR code or barcode of the first rotatable component and associating the first rotatable component with the first machine at the receiver,
• selecting the second machine from the list of machines,
• scanning the second QR code or barcode of the third rotatable component and associating the third rotatable component with the second machine at the receiver,
• wirelessly transmitting the collected information concerning the condition of the first rotatable component to the receiver,
• receiving the transmitted information concerning the condition of the first rotatable component at the receiver,
• associating the transmitted collected information concerning the condition of the first rotatable component with the first rotatable component of the first machine,
• wirelessly transmitting the collected information concerning the condition of the third rotatable component to the receiver,
• receiving the transmitted information concerning the condition of the third rotatable component at the receiver, and
• associating the transmitted collected information concerning the condition of the third rotatable component with the third rotatable component of the second machine.