Benchmarking
Benchmarking is a process of measuring the performance of a company products, services,or processes aganist those of another business considered to be the best in theindustry, " best in class". The point of benchmarking is to identify internal opportunities for improvement. By studying companies with superior performance possible, and then comparing those processes to how your business operates, you can implement changes that will yield significant improvements.
That might mean tweaking a product's features to more closely match a compatitor's offering, or changing the scope of services you offer, or installing a new customer relationship management (CRM) system to enable more personalized communications with customers.
There are two basic kind of improvement opportunities, thats are
- Continuous improvement
- Dramatic improvement
Continuous improvement
Continuous improvement is incremental, involving only small adjustment to reap sizable advances.
Dramatic improvement
Dramatic improvement can only come about through re-engineering the whole internal work processes. 1. Benchmark with present available cars in market for the following case. Monthly Kms including Madhurai return and office in bangalore = 1000 + (30*22) = 1660= 1700Kms (Approx). For the cost of vehicle I am assuming on road price to be considered. Also assuming Pughazhyendhii comes from middle class family Project Objective:- In This Project, I am Going to Suggest a Big Car for Mr.D.S. Pughazhyendhii Under 8 to 10 Lakhs on Road for Official and Family Purpose Traveling Distance Around 500km. 1) Suggested Cars Listed Below:- 1: Maruti Suzuki Brezza 2: Hyundai Venue 3: Tata Nexon 4: Kia sonet 5: Toyata urban crusier 2) comparsion list
| Maruti Suzuki Brezza | Hyundai Venue | Tata Nexon | Kia Sonet | Toyota Urban Cruiser | |||||||||||||||||||||
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| Avg. Ex-Showroom Price | |||||||||||||||||||||||||
| ₹ 8.18 Lakh | ₹ 7.68 Lakh | ₹ 7.79 Lakh | ₹ 7.69 Lakh | ₹ 9.02 Lakh | |||||||||||||||||||||
| onwards | onwards | onwards | onwards | onwards | |||||||||||||||||||||
| User Rating | |||||||||||||||||||||||||
| 4.3/5 | 4.2/5 | 4.5/5 | 4.4/5 | 4.2/5 | |||||||||||||||||||||
| 242 Ratings | 13 Ratings | 1491 Ratings | 135 Ratings | 213 Ratings | |||||||||||||||||||||
| Mileage (ARAI) (kmpl) | |||||||||||||||||||||||||
| 19.8 to 19.9 | 17.5 to 23.4 | 16.3 to 22 | 18.2 to 24.1 | 17 to 18.7 | |||||||||||||||||||||
| Engine (cc) | |||||||||||||||||||||||||
| 1462 | 998 to 1493 | 1199 to 1497 | 998 to 1493 | 1462 | |||||||||||||||||||||
| Fuel Type | |||||||||||||||||||||||||
| Petrol | Petrol & Diesel | Petrol & Diesel | Petrol & Diesel | Petrol | |||||||||||||||||||||
| Transmission | |||||||||||||||||||||||||
| Manual & Automatic (TC) | Manual, Clutchless Manual (IMT) & Automatic (DCT) | Manual & Automatic (AMT) | Manual, Clutchless Manual (IMT), Automatic (DCT) & Automatic (TC) | Manual & Automatic (TC) |
Conclusion:
- I would suggest 01 Maruti Suzuki Brezza
if the buyer prefers MANUAL and Automatic and budget friendly
it has the best ground clearance of 198mm and engine cc is also good 1462 and user rating is also good
Thanks & Regards
Prajwal kadakol