Benchmarking
BENCHMARKING 1
Benchmarking is a process of measuring the performance of a competitor products, services, or maintenance against those of another business considered to be the best in the industry.
The point of benchmarking is to identify interna opportunity for improvement. By studying companies with superior performance, breaking down what make such superior performance possible and comparing those process to how your business operates, you can implement changes that yield significant improvement.
Mainly it deals with the comparison of other competitors and prefer best quality in best market and considering the maintenance services and compactness for peoples need.
Step-by-Step benchmarking
Benchmarking is a simple but detailed, five step process:
- Choose a product service or internal department to benchmark
- Determine which best in class companies you should benchmark against which organizations you will compare your business to.
- Gather information on their internal performance, or metrics
- Compare the data from both organizations to identify gaps to identify gaps in your company’s performance.
- Adopt the processes and policies in place within the best in class performers.
- In order to benchmark anything, you need to have quantitative data available to study. That means breaking down internal process to calculate performance metrics, Quantify everything, because only quantifiable information can be accurately compared.
BENEFITS
In addition to helping companies become more efficient and profitable. Benchmarking has other benefits too such as:
- Improving employee understanding of cost structure and internal process
- Encouraging team-building and cooperation in the interests of becoming more competitive
- Enhancing familiarity with key performance metrics and opportunities of improvement company-wide
REQUIREMET:
Benchmark with presently available cars in the market for the following case:
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, five-year-old boy, his father, and his mother. He visits his native place Madurai which is 500kms away from Bangalore once in 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 with options so that he will buy a good car for his family.
I would suggest Petrol engine SUVs preferable.
SUGGESTIBLE CARS:
- TATA NEXON
- HYUNDAI VENUE
- KIA SONET
- MARUTI SUZUKI BREZZA
TATA NEXON
TATA NEXON is Tata’s entry entry level SUVs in India. Nexon has made its transition to meet the stricter BS^ emission norms in the country. It’s price from Rs 7.59 lakh onwards an as now gained and updated more powerful 1.119cc Revotron turbo charged cylinder petrol engine in the transition.
Pros.
Muscularity look
Impressive ride quality
God suspension system
Ground clearance 209mm.
Easy to drive with good handling
For considering safety five tar NCAP safety rating
Cons :
Quality of inside plastics
Sluggish infotainment
SPECIFICATIONS
ARAI Mileage 17.57 kmpl
City Mileage 13.0kmpl
Fuel Type Petrol
Engine Displacement(cc) 1199
No. of cylinder 3
Max Power 118.36bhp5500rpm
Max Torque 170nm@1750-4000rpm
Transmission Type Manual
Boot Space(Litres) 350
Fuel tank Capacity 44.0
Body Type SUV
Ground Clearance Unladen 209
Service Cost(Avg. of 5 years) Rs. 3570
Safety 16.06/17
HYUNDAI VENUE
The first one is 1.2 litre naturally aspirated petrol engine that puts out 82 bhp 114Nm of torque and is mated only to a five speed manual gear box. Next up is the potent 1.0 litre turbo petrol mill that is paired with a seven speed DCT and a six speed clutchless manual transmission this motor delivers 118bhp and 172Nm of peak torque.
Pros.
Budget Car
Good infotainment system
Different mode of variants
Smooth Ride
Cons.
Legroom space less
SPECIFICATIONS
ARAI Mileage 18 kmpl
City Mileage 16.0kmpl
Fuel Type Petrol
Engine Displacement(cc) 1197
No. of cylinder 4
Max Power 81.80bhp6000rpm
Max Torque 113nm@4000rpm
Transmission Type Manual
Boot Space(Litres) 350
Fuel tank Capacity 45.0
Body Type SUV
Ground Clearance Unladen 190mm
Service Cost(Avg. of 5 years) Rs. 3500
Safety 4 Stars NCAP rating
KIA SONET
Kia Sonet HTK 1.2 is the petrol variant in the Kia Sonet lineup and is price at 8.15 Lakh. It returns a certified mileage of 18.4kmpl. This HTK 1.2 Variant comes with an engine putting out 82 bhp@6000rpm and 115Nm @4200rpm of max power and max torque respectively. Kia Sonet HTK 1.2 is available in manual transmission.
Pros.
Styling and handsome look
Excellent spread of powertrain including a Fast and enjoyable turbo petrol engine
Well tuned suspensions
Top safety package
Good infotainment system
Cons.
Rear seat legroom just adjustable
Top variant more expensive
SPECIFICATIONS
ARAI Mileage 18.4 kmpl
City Mileage 16.0kmpl
Fuel Type Petrol
Engine Displacement(cc) 1197
No. of cylinder 4
Max Power 81bhp6000rpm
Max Torque 115nm@4200rpm
Transmission Type Manual
Boot Space(Litres) 392
Fuel tank Capacity 45.0
Body Type SUV
Ground Clearance Unladen 209
Service Cost(Avg. of 5 years) Rs. 3222
Safety 3 Stars NCAP rating
MARUTI SUZUKI BREZZA
Maruti Suzuki Brezza Lxi is the petrol variant in the maruthi Suzuki Brezza lineup and is priced at 7.99lakh. It returns a certified milage of 201kmpl. This LXi variant comes with an engine putting out 102 bhp@6000rpm and 135.8 Nm @44000 rpm of max power and amx torque respectively.
Pros.
Good look
Convenient pricing
Spacious interiors
Safety features good
Cons.
Legroom space less
Boot space less
SPECIFICATIONS
ARAI Mileage 20.15 kmpl
City Mileage 19.8kmpl
Fuel Type Petrol
Engine Displacement(cc) 1462
No. of cylinder 4
Max Power 101bhp6000rpm
Max Torque 136.8nm@4400rpm
Transmission Type Manual
Boot Space(Litres) 328
Fuel tank Capacity 48.0
Body Type SUV
Ground Clearance Unladen 200
Service Cost(Avg. of 5 years) Rs. 5000
Safety 12.5/17
CONCLUTION
I would suggest Tata Nexon for Mr. D.S. Pughazhyendhii family, Nexon is a excellent offering which is safest car in its segment. It is also value for money product with class leading features and passengers comfort.