Abstract: A machining system is provided which includes a selected number of machining centers for selectively cutting or machining metallic parts, the system further including a rack structure for providing inventory storage for parts which are to be machined by the centers. There is further provided a part transport device for moving a given one of the parts in a first part flow loop when the given part is in a condition which enables the part to be readily moved around a plant or other manufacturing establishment or to be shipped in commerce. The part transport device also moves the given part through a second part flow loop when the part is in a condition which enables the part to be machined by one of the machining centers.