Benchmarking

Breif explation on Benchmarking

Benchmarking is a technique that involves comparing ones's own product or processes to others excellent similar products or process.

Below is the table showing types of benchmarking:

Internal Benchmarking is comparing the process or performance with the other similar process or performance within the company.

External Benchmarking is comparing the process or performance with the other similar process or performance with the competitor's company.

Benefits of Benchmarking:

1. Competitive Analysis: Benchmarking helps to compare the business operations performance levels to those of competitor's and improve them.
2. Monitor Performance: Benchmarking helps to project the future trends by looking at the current trends in data.
3. Continuous Improvement: It is an essential attribute of benchmarking. This is because the aim of benchmarking is to improve a certain element of a business.
4. Understanding the companies' advantages: Benchmarking identifies where the company is right now compared to aim of the company.

Suggesting a car to Mr. D.S. Pughazhyendhii

D.S. Pughazhyendhii's Requirements are 5 members car, with good mileage, cost upto 10 lakh, safety and found of big cars. I am comparing 4 cars according to his requirements:

Maruti Suzuki Brezza LXI

Maruti Suzuki Brezza LXI is the base petrol variant in Brezza lineup and is priced at Rs. 9,88 Lakh (On road price). With maximum Power of 101.65bhp@6000rpm and maximum torque of 136.8nm@4400rpm, it travels 20.15 Km per litre. It has 4/5 ratings by Global New car assessment program(NCAP). Brezza is offered in 9 colours: Splendid Silver With Midnight Black Roof, Splendid Silver, Sizzling Red, Brave Khaki With Pearl Arctic White, Pearl Arctic White, Magma Grey, Esxuberant Blue, Brave Khaki and Sizzling Red With Midnight Black Roof. The below are the tables showing the main technical and safety specifications.

KIA Sonet 1.2 HTE

Kia Sonet 1.2 HTE is the base petrol variant in Sonet lineup and is priced at Rs. 9,42 Lakh (On road price). With maximum Power of 81.86bhp@6000rpm and maximum torque of 115nm@4200rpm, it travels 18.4 Km per litre. Kia Sonet is provided with leather finish seats. It has 3/5 ratings by Global New car assessment program(NCAP). Sonet is offered in 10 colours: Glacier White Pearl With Aurora Black Pearl, Beige Gold With Aurora Black Pearl, Glacier White Pearl, Steel Silver, Gravity Gray, Intense Red, Aurora Black Pearl, Intelligence Blue, Beige Gold and Intense Red With Aurora Black Pearl. The below are the tables showing the main technical and safety specifications.

TATA Nexon XE

TATA Nexon XE is the base petrol variant in Nexon lineup and is priced at Rs. 9,20 Lakh (On road price). With maximum Power of 118.36bhp@5500rpm and maximum torque of 170nm@1750-4000rpm, it travels 17.57 Km per litre. The main attribute in Nexon is it has 3 different drive modes: City, Eco, Sports. It has 5/5 ratings by Global New car assessment program(NCAP). Nexon is offered in 8 colours: : Starlight, Atlas Black, Foliage Green, Calgary White, Flame Red, Daytona Grey, Royal Blue and Grassland Beige. The below are the tables showing the main technical and safety specifications.

Hyundai Venue E

Hyundai Venue E is the base petrol variant in the Venue lineup and is priced at Rs. 9,54 Lakh (On road price). With maximum Power of 81.80bhp@6000rpm and maximum torque of 113.8nm@4000rpm, it travels 17.5 Km per litre. It has 4/5 ratings by Global New car assessment program(NCAP). Venue is offered in 7 colours: : Fiery Red Black Dual Tone, Phantom Black, Fiery Red, Polar White, Denim Blue, Titan Grey and Typhoon Silver. The below are the tables showing the main technical and safety specifications.

Overall comparison of all the 4 cars:

My suggestion for Mr. D.S. Pughazhyendhii's

I would suggest him Tata Nexon because of following points:

• Safety is 5/5 rating
• Good torque and power
• Different drive modes, which will be helpful for him.
• Good boot space
• It has crash sensors
• The cost of the vehicle is less and he can spend the remaining money on accessories for car.
• Low maintenance.
• The aesthetic look is good.