A method and apparatus dynamically store data associated with supply chain events for a manufactured assembly to enhance lifecycle management of the assembly. The supply chain events for the manufactured assembly are stored on an RFID tag attached to the assembly as it travels through the supply chain to insure the data concerning the assembly is readily available and not separated from the assembly. The supply chain events or characteristic data may be stored on the RFID tag in a hierarchical structure beginning with the original state of the assembly and with additional entries for each step in the assembly process. In addition, as the product undergoes rework, conversion to a different assembly, or personalization, the new state of the assembly is stored in the RFID tag. Other information that may be stored on the RFID tag includes country of origin, failure data, cycle times and a quality status parameter.