The GTS system enables cutting tools to be shared among multiple machines, minimizing redundancy and eliminating the need to reserve a cutting tool for a single machine. This generates cutting tool cost savings and minimizes operator interaction with cutting tool changes, reducing labor expense and eliminating tooling loading errors. Cutting tool sharing also permits reduction in the size of machine tool magazines. When implementing the GTS system, its new modular design results in shorter delivery, installation, and commissioning times, as well as hardware cost advantages.