An automated storage system for storing a plurality of objects in storage locations, the automated storage system comprising a master control computer, a guidance network, a plurality of automated guided vehicles (AGVs) each having an onboard microprocessor for providing a position of each AGV relative to the guidance network to the master control computer and a receiver for receiving control commands from the master control computer, and a plurality of trays for engagement with the plurality of AGVs for transportation and storage of the objects.