An engineering product type is a template. You need an engineering product type to create or release an engineering product. Usually, the number of engineering product types is defined by your range of products. The engineering product type is comparable with product categories but has many additional features. The engineering product type is designed to have common setup ready when a new product, product version, or variant is released to save time and effort in the creation process.
Prerequisites to set up an engineering product type are:
Engineering company
Product version number rule
Product statuses
Product dimension groups
Elements of the engineering product type are:
Engineering product categories
Grouping
Engineering attributes
Release control
Readiness control