A system for tracking position and identification of a moving element on a conveyor system having a track, the system including: a machine readable medium provided to one of the moving element or the track, wherein the machine readable medium is configured with at least two channels with a predetermined phase difference therebetween; a sensor provided to the other of the moving element or the track, wherein the sensor is configured to read the at least two channels; and a controller configured to receive data from the sensor and determine a position and/or identification of the moving element on the track based on the phase difference.