The disclosed systems and methods provide a smart container or bin. A container bin assembly includes a bin body, a latching mechanism, and controller. A method includes receiving, via a communication interface, an authenticated request to access the smart container, actuating an electromechanical latch to disengage a fastening hook, thereby initiating a mechanical movement of an access component to make an internal compartment accessible, outputting, via an audiovisual element, an alert to identify the container, confirming that the electromechanical latch has re-engaged with the fastening hook, thereby securing the internal compartment, determining a change in a local inventory, and updating the local inventory in a non-volatile data store according to the change.