A product storage and handling system for a beverage dispenser is characterized by a cabinet in which a plurality of bins are removably supported on one or more shelves that may be slid into and out of the cabinet. Each bin is for containing a removable container of liquid beverage component, a fluid valve of which container extends downward through and is releasably secured against vertical movement in a lower opening in the bin. A connector coupled to a fluid line leading to a beverage valve of a beverage dispenser is arranged to be conveniently fluid coupled with and decoupled from the fluid valve of the bag. When a shelf of slid out of the cabinet, the bins supported by it may, if desired, be lifted off of and replaced on the shelf for during replacement of a depleted bag of liquid beverage component. Alternatively, the bins may remain supported on the shelf during replacement of a depleted bag of liquid beverage component.