As a concept, space is the most basic and universal. And yet, it is perhaps the most ignored. Management of space is fundamental to the daily running of business and industry. Raw material and finished products have to be stored; files and documents have to be kept securely; books and medical records need to be retrieved systematically. All keeping in mind the shortage of space and skyrocketing amounts of owning or renting the space. Therefore, space is the most valuable currency. It is real estate! And needs to be managed efficiently so that it maximizes storage and minimizes cost.