Modern industrial environments provide a high level of digitalization, enabling great volumes of information to be used for shopfloor monitoring and control purposes. In cases where human operators participate in the production process, it is important to support operator’s intervention with Internet of Things (IoT) data and empower process supervision with constant information over Key Performance Indicators (KPIs). Towards this end, the proposed framework exploits Augmented Reality (AR) for the provision of an IoT data visualization solution to support KPIs based process supervision in the smart factory environment. The solution utilizes IoT-enabled components, in order to receive dynamic information over the status of sensors and resources spread across the factory shop-floor. The AR application facilitates the need for visualization of information available on the network, on the actual shopfloor components, which offer transparency and ease the supervision of production processes. The development of the AR and cloud API has been based on CSharp and Java, in a reusable framework that can be reused for similar industrial cases. The reconfigurability and reuse of the AR solution is supported by a template configuration, allowing industry practitioners to configure application features and external connections without any additional software development. The solution was validated on a thermoforming process supervision case of a white goods production system. The main goal was to use the AR framework to support operators during the process parameters design phase, and dynamic supervision of the shopfloor environment. It is demonstrated that the proposed system can be used for KPIs monitoring of the production cycles and for empowering process supervision and optimization.