Benchmarking
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Benchmarking
Objective: 1.What is Benchmark and presently available cars with benchmarking in the market,also explanining the below following case 2.Comparing at least 4 vehicles. 3.Provide a proper conclusion for the report, suggesting a single suitable vehicle among the comparison made with images. Given Case: Mr. D.S. Pughazhyendhii is…
shivaprasad Thirandasu
updated on 23 Jun 2022
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Objective:
1.What is Benchmark and presently available cars with benchmarking in the market,also explanining the below following case
2.Comparing at least 4 vehicles.
3.Provide a proper conclusion for the report, suggesting a single suitable vehicle among the comparison made with images.
Given 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.
What is BenchMarking:
>Benchmarking in automobile industry involves a structured comparsion between the similar production services on same dimensions of performance.
>In detailly it can be used to compare the availability andd delivery features in aproduct and in this form often provides the basis of consumer tests and reviews.Theses looks at products and servieces and provide recommendations based on which is best or some form of ranking amongst competitors
>Process of 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
>From the above figure we can observe that it shows the different features of an car having,basically comparing these like features with the new models is the benchmarking
>Now we are going to see in detailly about the benchmarking through a following given case study