Is FrameMaker the solution to our needs?

I'm posting my question here because FrameMaker's product description sounds relevant to our needs.  Please consider the following senario and advise whether FrameMaker --or another Abode product --can accomplish the following...

Our company packages the same product in multiple sizes (SKU’s).  The product labels’ wording are essentially the same for each SKU with only minor adjustments (e.g. Net contents description, manufacturer details, etc.).

The original label content is owned by a team of technical writers.  They maintain a singular master document for a product family.  They give this master document to an editorial group that selectively extracts the content for each SKU and adds the missing details described above.  They, in turn, send these customized documents to our graphics department for layout.

The editorial group would like any belated changes made to the master document to flow automatically to the custom documents. Also, if a change is made to one custom document that should be made to all of the custom documents they would like it to occur automatically as well.  Ultimately, any belated changes to the custom documents would automatically update the final InDesign artwork.