Incremental Manufacturing is a novel manufacturing approach where product variants are manufactured based on a finalization of pre-produced parts through additive and subtractive manufacturing processes. This approach allows a multi-scale production with the possibility to scale product variants as well as the production volume. In order to ensure high economic efficiency of the manufacturing concept, there is a need for pre-produced parts that come as close as possible to the final variant geometries to ensure that only variant-specific features need to be added by additive or subtractive manufacturing steps. Furthermore, to ensure high economies of scale, a high degree of commonality should be ensured for the pre-produced parts manufactured in mass production. In this context, a graph-based method is developed that enables an automated analysis of product families, based on physical and functional attributes, for standardization potentials. The method thus provides support for the strategic definition of pre-produced parts and is embedded in an overall approach for the redesign of products for Incremental Manufacturing. For the demonstration of the approach, which is based on 3D Shape and Graph Matching methods, a first case study is carried out using a guiding bush product family as an example.