Abstract: The present invention is directed to a parts storage system comprising a plurality of individual parts storage containers and a holder for holding the parts storage container. The parts storage containers each have a top, bottom and sidewalls, the sidewalls tapering inwardly from the top to the bottom. The container has a regular geometric shaped cross section. The holder is provided with a plurality of openings for holding the parts storage container, each of the openings having a regular geometric shape corresponding to the shape of the cross section of the container. The opening is sized to hold the container by engaging the sidewall below the top, the opening being provided with an open front dimensioned to allow the container to be removed from the opening by lifting the container upwardly until the sidewall will pass through the open front and then outwardly without having to lift the container to pass the bottom upwardly through the opening.