The phrase will be used for a description where brevity and concision are important. Which of the two phrases is correct, and is one preferred over the other?
- Configs panel components.
- Configs the panel components.
If you are trying to describe a
configuration panel component
that is a part of a configuration panel, the correct shortening might be
config panel component
config = configuration
configs = configurations
and the singular is appropriate as the adjective you are looking for.
If you mean to use "config" as a verb, you should use the readily available verb "configure". It's only one extra "e".
Configure panel components.
If you just mean to describe this as a place where you can set configuration, then "config panel" is sufficient.
If you want to describe the elements in this panel, because it's a configuration "components" is not the correct word. "Settings" is correct.
Config panel settings.