Benchmarking
1. 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, 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
Monthly travelling distance (Native to Bangalore)= 500*2=1000km (two side Distance),Yearly travelling distance=12000km
Daily travelling average distance=30km
Average working days=260 days,So 260*30=7800km annualy
Total Km's=19800/yr
2. Prepare a report explaining what is Bench-Marking
Bench-Marking involves a structured comparison between similar products,
services or processes on some dimensions of performance. For example it can be
used to compare the availability and delivery of features in a product and in this
form often provides the basis of consumer tests and reviews. These look at
products and services and provide recommendations based on which is best or
some form of ranking amongst competitors.
It is particularly useful when comparing not only performance but also practice –
in other words what do the different organizations do to enable that
performance to be delivered? And applied in this way it is a powerful tool in
process innovation sin e studying how the ‘best’ achieve their performance can
provide powerful clues for changing the way processes operate. Process
benchmarking of this kind can operate at several levels:
• Between similar processes in the same factory or service branch
• Between different factories or service branches
• Between different competing organizations
• Between different sectors using the same process
3. Compare at least 4 vehicles.
a.Tata altroz
b.Hyundai grand i10 nios
c.Ford Figo
d.Hyundai Aura
4. Provide a proper conclusion for the report, suggesting a single suitable vehicle among the comparison made with images.
For the cost of vehicle on road price to be considered. Having descent Kms running every year and will use on daily basis, his budget ranges between 8-10 lakhs,a diesel car will be more economical to Pughazhyendhii.From the above table Hyundai aura is the good option for him,5 people can easily travel,can keep enough luggage in storage space,since it is sedan,and car is giving a very good mileage of 20-28kmpl.