Challenge

Benchmarking

AIM:TO EXPLAINING WHAT IS BENCHMARKING AND COMPARE VEHICLES TO FIND A SUITABLE CAR FOR Mr.D.S.Pughazyendhii.

BENCHMARKING:-

Benchmarking involves a structured comparison between similar products,services or processes on some dimensions of performance.
Benchmarks break down into two core categories: internal and external. Internal benchmarking compares performance, processes and practises against other parts of the business (e.g. Different teams, business units, groups or even individuals). For example, benchmarks could be used to compare processes in one retail store with those in another store in the same chain.
External benchmarking, sometimes described as competitive benchmarking, compares business performance against other companies. Often these external companies are peers or competitors, but that’s not always the case; for example, you can use benchmarking to compare performance, processes and practises across different industries.

Three ways to use benchmarking:

Benchmarking, whether internal or external, is used in three key ways. They are:

Process benchmarking. This is all about better understanding your processes, comparing performance against internal and external benchmarks, and finding ways to optimise and improve your processes. The idea is that, by understanding how top performers complete a process, you can find ways to make your own processes more efficient, faster and more effective.
Strategic benchmarking. This compares strategies, business approaches and business models in order to strengthen your own strategic planning and determine your strategic priorities. The idea is to understand what strategies underpin successful companies (or teams or business units) and then compare these strategies with your own to identify ways you can be more competitive.
Performance benchmarking. This involves collecting information on how well you’re doing in terms of outcomes (which could mean anything from revenue growth to customer satisfaction) and comparing these outcomes internally or externally. This can also refer to functional performance benchmarking, such as benchmarking the performance of the HR team (using metrics like employee net promoter score or staff engagement surveys) or the marketing team (measuring net promoter score or brand awareness, for instance).

Benchmark with presently available cars in the market for the following cases;

Mr.D.S.Pughazyendhii looking looking for big car under the budget of 10 lacks.So i found some cars under 10 lacks,I am looking for good seating arrangments,safety,BS6 engine,good mileage,good interior,good specifications.
Now a days many customer says that the TATA motor are very bad in servises and many problems accure in engine after a few months.So i didnt give important to TATA.

These cars are my selections for Mr.D.S.Pughazyendii,

Requirement:

MODEL AND PRICE (On road price)	HYUNDAI VENUE E 1.2 Petrol Price; 8.80 lacks	MARUTI BREZZA Lxi price; 9.18 lacks	KIA SONET HTK 1.2 Price; 9.50 lacks	MAHINDRA XUV300 W4 1.2 PETROL Price;9.84 lacks
TYPE	SUV	SUV	SUV	SUV
ENGINE	1197 cc	1462 cc	1197 cc	1197 cc
FUEL TYPE	PETROL	PETROL	PETROL	PETROL
MILEAGE	17.5 kmpl	20.1 kmpl	18.4 kmpl	17 kmpl
TRANSMISSION	MANUAL	MANUAL	MANUAL	MANUAL
SAFETY	2 air bags & 4 star rating in NCAP	2 air bags & 4 star rating in NCAP	4 air bags & 3 star rating in NCAP	2 air bags & 5 star rating in NCAP

CONCLUSION:

I would suggest from comparing above 4 vehicle.I recommand MARUTI BREZZA which meets all the requirement and the budget of Mr.D.S.Pughazyendhii.

This car is suitable for Mr.D.S.Pughazhyendhii and his family.

Ship work like this
in your own course.