How to manage product information efficiently

In product development, information is as critical as the product itself.

For a product development and manufacturing company, models, specifications, BOMs (Bill of materials), requirements, change records, compliance data, all of it needs to be accurate, up to date, and accessible to the right people at the right time.

The challenge

Yet in many companies, product information is fragmented across folders, email threads, spreadsheets, and disconnected systems. This not only slows down development but also introduces risk. Teams waste time searching for data, making decisions based on outdated files, or duplicating work already done.

The foundations

Efficient product information management starts with centralization and structure. All product-related data, from early concepts to released configurations, should be stored in a controlled environment with clear ownership and versioning. This enables traceability, secure collaboration, and reliable decision-making.

A well-structured system should support:

  • Version control: Knowing which file is the latest, and how it evolved.

  • Access control: Ensuring the right stakeholders can access or edit information.

  • Linking data: Connecting CAD files to BOMs, requirements, and documentation and all related information.

  • Change tracking: Making every engineering change traceable, reviewed, and approved.

  • Reuse: Avoiding duplication by allowing safe reuse of validated components or designs.

This structure isn’t just for engineering. Manufacturing, procurement, service, and quality teams all rely on accurate product data even they consume it in different ways. Efficient management ensures everyone sees information from the same updated source.

Managing complexity as you scale

As products become more complex, with more variants, interdisciplinary content, and regulatory requirements, a basic file system or manual process quickly becomes a bottleneck. That’s where integrated platforms and structured data models make a difference, and you may start considering a Product Lifecycle Management (PLM) system.

IT allow you to connect mechanical, electrical, software, and compliance data, to manage the full lifecycle from concept to service and to prepare your organization for future integration with digital twins, and other systems like ERP.

Managing product information efficiently is not just an operational improvement, it’s a foundation for innovation, speed, and quality. It reduces risk, accelerates time to market, and allows teams to collaborate effectively without guesswork or rework.

If you treat product data as a strategic asset, and manage it accordingly, your organization will be better equipped to scale and compete in a digital, connected world.

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