The complex nature of compliance with industry regulations, along with the increasing requirements for Product Change Notifications (PCNs) and managing product complexity, poses challenges for component manufacturers and machine builders in the engineering phase of product development working with up-to-date Digital Twin (DT) data. This situation leads to delays, potential compliance issues, and inefficiencies. Main reasons are the lack of interoperability PCNs, poor data quality, and the absence of direct traceability and tracking of product changes. To address these challenges, this paper proposes a solution approach that involves utilizing a Product Lifecycle Management (PLM) system and the Asset Administration Shell (AAS). Their design and mutual adjustment enhance collaboration, improve data quality, enable traceability, and finally, increase efficiency within engineering processes. The paper presents first results of a prototype implementation and outlines the next steps of the overarching research project.