Abstract: In one illustrative embodiment, the present subject matter is directed to a device adapted to determine the position of a target magnet, wherein the device includes a pair of orthogonal magnetic field sensors laterally disposed along an axis that is substantially transverse to an axis defined by one that is nominally parallel to the direction of the target magnet. In another illustrative embodiment, the subject matter is adapted for use on an automated guided vehicle (AGV), whereby detection of the target magnet's location facilitates correction of the vehicle's heading and position while traversing an AGV system. The present subject matter is also directed to a method whereby the position of a target magnet may be determined by triangulation, utilizing trigonometric calculations based upon the strength and direction of the magnet field to determine the magnet's position relative to the magnetic field sensors.