A food and beverage item identification and tracking device, and system for improving supply chain logistical operations and inventory management are disclosed. Multiple food and beverage item identification and tracking devices may be attached to corresponding beverage containers or food containers. Each of the food and beverage item identification and tracking devices includes a wireless communication device and a user interface. The user interface includes an LED to emit light responsive to an instruction received wirelessly, so that the food or beverage container is visually identifiable. The user interface may also include a speaker or buzzer so that the food or beverage container is audibly identifiable. A remote computing device may control the food and beverage item identification and tracking devices so that a subset of the tracking devices can be identified, and packaged for shipment. The system is designed to operate within either a distributor location or a reseller location.