A system for managing the operation of a machine and tracing the use of a cutting edge (21, 22) of a cutting tool used in the operation of the machine, the system comprises: • a reader device (10a, 10b, 10c) configured to detect and read an identification marker (41, 42); • a processing circuitry (102a, 102b, 102c) operatively connected to the reader device (10a, 10b, 10c) configured to cause the system to: - read, by the reader device (10a, 10b, 10c), the identification marker (41, 42) of the cutting edge (21, 22) of the cutting tool inserted into the machine; - decode the identification marker (41, 42) to determine a cutting edge information data (1ceID, 2ceID) associated with the cutting edge (21, 22); - obtain machine operation data (1mOD, 2mOD) associated with the operation of the machine from the machine; and - generate a first association data indicative of the cutting edge identification data (1ceID, 2celD) and the machine operation data (1mOD, 2mOD), wherein the reader device (10a, 10b, 10c) is configured to detect and read plural identification markers (41, 42) of plural cutting edges (21, 22) of the cutting tool, when the cutting tool is inserted into the machine, and wherein the processing circuitry (102a, 102b, 102c) is further configured to cause the system to generate a request for a selection of only one identification marker (41, 42) of one cutting edge (21,22) that is used in the operation of the machine. • a reader device (10a, 10b, 10c) configured to detect and read an identification marker (41, 42); • a processing circuitry (102a, 102b, 102c) operatively connected to the reader device (10a, 10b, 10c) configured to cause the system to: - read, by the reader device (10a, 10b, 10c), the identification marker (41, 42) of the cutting edge (21, 22) of the cutting tool inserted into the machine; - decode the identification marker (41, 42) to determine a cutting edge information data (1ceID, 2ceID) associated with the cutting edge (21, 22); - obtain machine operation data (1mOD, 2mOD) associated with the operation of the machine from the machine; and - generate a first association data indicative of the cutting edge identification data (1ceID, 2celD) and the machine operation data (1mOD, 2mOD), wherein the reader device (10a, 10b, 10c) is configured to detect and read plural identification markers (41, 42) of plural cutting edges (21, 22) of the cutting tool, when the cutting tool is inserted into the machine, and wherein the processing circuitry (102a, 102b, 102c) is further configured to cause the system to generate a request for a selection of only one identification marker (41, 42) of one cutting edge (21,22) that is used in the operation of the machine. - read, by the reader device (10a, 10b, 10c), the identification marker (41, 42) of the cutting edge (21, 22) of the cutting tool inserted into the machine; - decode the identification marker (41, 42) to determine a cutting edge information data (1ceID, 2ceID) associated with the cutting edge (21, 22); - obtain machine operation data (1mOD, 2mOD) associated with the operation of the machine from the machine; and - generate a first association data indicative of the cutting edge identification data (1ceID, 2celD) and the machine operation data (1mOD, 2mOD), wherein