Benchmarking

Benchmarking

Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement. By studying companies with superior performance, breaking down what makes such superior performance possible, and then comparing those processes to how your business operates, you can implement changes that will yield significant improvements.

BEST PRACTICES

1. Obtain a detailed understanding of current process performance gaps to determine benchmarking points.
2. Provide thorough documentation of benchmarking objectives and scope.
3. Generate thorough current process documentation to avoid waste of time and resources as well as lossof project focus.
4. Deliver primary metrics agreement to gauge pre- and post-gap analysis, track progress and improvements and institute measurement system analysis. (MSA)

case study:

"Mr. D.S. Pughazhyendhii is a married man who lives in Bangalore which is a highly crowded city. His Family comprises five members including his wife, a five-year-old boy, his father, and his mother. He visits his native place Madurai which is 500kms away from Bangalore once a month. Also, he will be using his car to commute to his office. His budget falls between 8 to 10 lakhs on road. Please suggest to him options so that he will buy a good car for his family.

Note: Pughazhyendhii is fond of big cars"

Lets make a few assumptions,

• lives in a crowded city : lot of start stop condition, also require milage, probabbly automatic
• 5 members in famliy : requres 5+seater car
• child and elderly on board : safty must me a consern so 3+stars on Crash test
• travels 500 km once a month : comfort is needed
• budget : 8 to 10 lakhs on road
• prefers big car

1)Nissan Magnite XV Executive Turbo PRICE Rs9.55Lakhs

SAFETY: ★★★★	MILEAGE(ARAI): 20 Km/L	POWER: 99 bhp @ 5000 rpm	GROUND CLEARENCE: 205mm
SEATING CAPACITY : 5	FUEL TYPE : PETROL	TORQUE: 160 Nm @ 2800 rpm	2year or 40000km warranty
COLOUR : Onyx Black Sandstone Brown Blade Silver Flare Garnet Red Storm White.	ENGINE CAPACITY: 999 CC	TRANSMISSION TYPE: MANUAL	2 Airbags (Driver, Front Passenger) ABS,EBD,BA,ESP, HILLHOLD,TC/TCS Android Auto (Yes), Apple Car Play (Yes) touchcreen(optional),stearing mounted controls,

CON

• lacks torque at low rpm

PRO

• good power delevery
• good ride quality

2)Renault Triber RXT EASY-R AMT RS 9.35Lakhs

SAFETY: ★★★★	MILEAGE(ARAI): 19 Km/L	POWER: 71 bhp @ 6250 rpm	GROUND CLEARENCE: 182mm
SEATING CAPACITY : 7	FUEL TYPE : PETROL	TORQUE: 96 Nm @ 3500 rpm	2year or 50000km warranty
COLOUR : Electric Blue Cedar Brown Moonlight Silver Ice Cool White Metal Mustard.	ENGINE CAPACITY: 999 CC	TRANSMISSION TYPE: AMT - 5 Gears, Manual Override	4 Airbags (Driver, Front Passenger, Driver Side, Front Passenger Side) ABS.EBD REAR AC AVAILABLE Android Auto (Yes), Apple Car Play (Yes) touchcreen,stearing mounted controls,

CON:

• poor noise insulation engine noise
• third row has small leg room
• AMT shifting gear is slow

PRO:

• Comfortable ride
• loads of storage
• massive storage if third row is removed

Renault Kiger RXT AMT Rs9.78lakhs

SAFETY: ★★★★	MILEAGE(ARAI): 19 Km/L	POWER: 71 bhp @ 6250 rpm	GROUND CLEARENCE: 205mm
SEATING CAPACITY : 5	FUEL TYPE : PETROL	TORQUE: 96 Nm @ 3500 rpm	2year or 50000km warranty
COLOUR : Exuberant blue Magma Grey Sizzling Red Splendid Silver Pearl Arctic White	ENGINE CAPACITY: 999 CC	TRANSMISSION TYPE: AUTOMATIC	4 Airbags (Driver, Front Passenger, Driver Side, Front Passenger Side) ABS, EBD REAR AC AVAILABLE Android Auto (Yes), Apple Car Play (Yes) touchcreen,stearing mounted controls,

CON

• second row has limited sholder room.
• gets uncomfortable in long ride

PRO

• High riding position
• front row is realy comfortable

TATA NEXON (XE)-basevarient : Rs 9.22 Lakhs on road

SAFETY: ★★★★★	MILEAGE(ARAI): 17Km/L	POWER: 118 bhp @ 5500 rpm	GROUND CLEARENCE: 209mm
SEATING CAPACITY : 5	FUEL TYPE : PETROL	TORQUE: 170 Nm @ 1750 rpm
COLOUR : Daytona Grey Foliage Green Calgary White	ENGINE CAPACITY: 1199 CC	TRANSMISSION TYPE: MANUAL	2 Airbags (Driver, Passenger) ABS,EBD,BA,ESP, HILLHOLD,TC/TCS

CON

• no stearing mounted control
• no infotainment stystem
• ride quality is comparitively poor compaird to competitors

PRO

• best in seafty
• good ground clearance

MARUTHI SIZUKI BREZZA LXi (base varient) Rs 9.75Lakhs

SAFETY: ★★★★	MILEAGE(ARAI): 20.1Km/L	POWER: 102 bhp @ 6000 rpm	GROUND CLEARENCE: 200mm
SEATING CAPACITY : 5	FUEL TYPE : PETROL	TORQUE: 136.8 Nm @ 4400 rpm	2year warranty or 40000km
COLOUR : Exuberant blue Magma Grey Sizzling Red Splendid Silver Pearl Arctic White	ENGINE CAPACITY: 1462 CC	TRANSMISSION TYPE: MANUAL	2 Airbags (Driver, Front Passenger) ABS,EBD,BA,ESP, HILLHOLD Regenerative Braking Idle Start/Stop rear ac available

CONS:

• no infotainment system
• no stearing mount control
• low boot space

PROS:

• comfortable seating
• great mileage for given engine specs

5)Kia Sonet HTK 1.2 Rs9.80 Lakhs

SAFETY: ★★★	MILEAGE(ARAI): 18.4Km/L	POWER: 82 bhp @ 6000 rpm	GROUND CLEARENCE: 211mm
SEATING CAPACITY : 5	FUEL TYPE : PETROL	TORQUE: 115 Nm @ 4200 rpm
COLOUR : Gravity Grey Sparkling Silver Intense Red Clear White.	ENGINE CAPACITY: 1197 CC	TRANSMISSION TYPE: MANUAL	4 Airbags (Driver, Front Passenger, Driver Side, Front Passenger Side) ABS ,EBD REAR AC AVAILABLE strating mout control

CONS:

• no navigation
• no android auto or carplay
• height of driver seat not adjustable

PROS:

• comfortable seatings

reference:

benchmarking definition

https://www.carwale.com/