Benchmarking
BENCH MARKING
- What is bench marking?
Benchmarking is the process of comparing the products, processes and services against those of organization's which are known to be leader in one or more aspects of their operations. Benchmarking gives the required insights of how to make you understand your organization comparing with similar organizations, even if they in different buisness.
Benchmarking has it's ability in identifying its areas and systems or process for improvements-which is either continuous improvements or business process re-engineering improvement's.
Benchmarking in automobile industry means something similar which involves a structured comparison between similar products, services or processes on some dimensions performance.
- Benchmarking process
- Between similar processes in the same factory or service branch.
- Between different factories or service branches.
- between the competing organizations.
- Between different sectors using the same process.
- Benchmarking procedure
- First, have a list of all the products you are comparing with considering all the intial aspects and required criteria's.
- Then individually explain each of the product individually with it's specification, advantages or likes, and disadvantages or dislikes.
- Then at last consider one final product which is good enough compared with other in this benchmark with the suitable reason's.
So, these are the simple steps to be followed while benchmarking
BENCH MARKING - CARS
- Four cars are taken in the consideration for the budget mentioned:
- Honda amaze
- Maruti Suzuki Baleno
- Tata nexon
- Hyundai i10
All these four cars are recommended and ranged between 8 to 10 lakhs;
The key specifications of the individual car have been compared below
Model Honda Amaze Maruti Suzuki Tata Nexon Hyundai
1.5 S CVT Baleno Zeta XMA (S) Grand i10 Nios
Diesel special At Petrol Sportz AMT 1.2
edition CRDi
Image
Rating 
Price 9.28 lakh 8.54 lakh 9.28 lakh 8.31 lakh
Mileage 19-21 kmpl 18-80 kmpl 17-20 kmpl 23-25 kmpl
Engine 1498 cc 1197 cc 1199 cc 1186 cc
Transmission Automatic Automatic Automatic Automatic
Fuel type Diesel Petrol Petrol Diesel
Body type Sedan Hatch back SUV Hatch back
Anti-lock
braking
system Yes Yes Yes Yes
Airbags Yes Yes Yes Yes
Parking
Sensors Yes Yes Yes Yes
Traction
control No No Yes No
-The vehicle -This car is a -The price of this
-It has a variant comes sports utility car is comparatively
hatchback with petrol vehicle which low to other
body which has fuel type with gives high three cars
extra length automatic performance.
of the car transmission
Good Aspects which is good at -All the safety -The mileage of
-The safety vehicle maintenance features are this car is good
features are -The safety features good enough, with the fully
good enouigh are good enough, consisting ABS, automatic
consisting consisting ABS, airbags, traction transmission
ABS, airbags, airbags, control, parking
parking sensors, parking sensors,etc. sensors, etc.
etc.
Bad aspects -For the -The mileage -It's mileage is -It is
specifications falls down not so good when comparatively
the price is ahead when compared to small car,
high compared compared to Hyundai i10 which has a
to other other 3 cars. body of hatchback
cars.
-There is no -There is no -There is no traction
traction traction control system
control control in this vehicle.
system in system in
this vehicle this vehicle.
So, hence here we conclude this comparison by selecting the suitable vehicle among the 4 cars.
I would like to suggest you "Tata Nexon XMA (S)" to go for, because of its SUV version which is big and possess many
safety features.