Ensuring just-in-time delivery, supply chain visibility, product lifecycle transparency and quality services are now the top-priority objectives of logistics companies. Moving the right product – in the right quantity and condition, at the right time and at the right price – to the right place and the right customer is easier with IoT based solutions. Bringing with it smart connections and use cases, the Internet of Things (IoT) revolutionize the logistics sector by offering many advantages and opportunities. Supply chain monitoring, vehicle tracking, inventory management, safe transportation and automation of processes are the key to IoT applications and the principal components of connected logistics systems.