Benchmarking

BENCHMARKING

By Tinesh Dohale

Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.

BENCHMARKING REPORT

By Tinesh Dohale

Introduction:

Benchmarking is the process of continuously comparing and measuring an organization against its own past performance or comparing its performance to that of another comparable organization. A benchmarking practice provides information that will help an organization take action to improve its own performance.

Subject:

Compairing various vhehicles.

GivenCondition: Budget Falls between 8-10lakhs, and he is fond of big cars

Compairing 4 vhehicles according to condition,

BRAND	COST	SAFETY RATINGS	Mileage	Images
Hyundai Venue	8.86lakhs	4.0	15-17kmpl
TATA Nexon	9.02lakhs	4.5	16-18kmpl
Maruti Suzuki Brezza	9.38lakhs	4.0	16-17kmpl
Mahindra XUV300	9.98lakhs	4.5	17-18kmpl

Conclusion: Mr. D.S. Pughazhyendhii must go for TATA Nexon as it is a 5 seater vhehicles which is his requirement and it has very good safety rating and it is under his budget