In this paper, the advantages and disadvantages of three kinds of information code (subjection code, composite code and parallel code) were analyzed and compared. It was put forward that adopt parallel code method based on things characteristics realizing the information classifying and coding management of the whole life cycle of the products. And the structure model of product classifying code based on parallel code method was established. At the same time, the implementation method of product classifying code was presented for application requirements of the enterprise. Finally, the classifying and coding management system of product was introduced that supported by ORACLE and used JSP to development.