Benchmarking
For Mr. D.S. Pughazhyendhii's requirements, we recommend the following cars that are available in the Indian market:
- a) Mahindra XUV300 - Priced between 8 to 10 lakhs, this car is a perfect fit for Mr. Pughazhyendhii's family of five. It has a 1.2-liter turbo-petrol engine and a 6-speed manual gearbox. It is also equipped with safety features such as airbags, ABS with EBD, and rear parking sensors.
- b) Maruti Suzuki Ertiga - This car is priced between 8 to 10 lakhs and is an ideal fit for Mr. Pughazhyendhii's family. It has a 1.5-liter petrol engine and a 5-speed manual or a 4-speed automatic gearbox. It comes with features such as airbags, ABS with EBD, and rear parking sensors.
- c) Kia Seltos - This car is priced slightly above Mr. Pughazhyendhii's budget, but it is worth considering. It has a 1.5-liter petrol engine and a 6-speed manual or a CVT automatic gearbox. It has excellent safety features such as six airbags, ABS with EBD, and rear parking sensors.
- d) Hyundai Creta - This car is priced slightly above Mr. Pughazhyendhii's budget, but it is an excellent fit for his family's requirements. It has a 1.5-liter petrol engine and a 6-speed manual or a CVT automatic gearbox. It has safety features such as airbags, ABS with EBD, and rear parking sensors.
Benchmarking is the process of comparing a company's products, services, or processes with its competitors or industry standards. The aim of benchmarking is to identify areas where a company can improve its performance and enhance its competitiveness. By benchmarking, a company can learn from its competitors' best practices, identify opportunities for improvement, and set targets for improvement.
- Three primary classification of Benchmarking :
- Although there are many forms of benchmarking, they can classified into three categories-internal, competitive and strategic.
- INTERNAL BENCHMARKING:s used when a company already has established and proven best practices and they simply need to share them. Internal benchmarking also may be necessary if comparable industries are not readily available.
- COMPETITIVE BENCHMARKING:is used when a company wants to evaluate its position within its when a company needs to identify industry leadership performance targets.
- STRATEGIC Benchmarking used when identifying and analyzing world-class performance's form of benchmarking is used most a company needs to go outside of its industry.
8 steps in the benchmarking process
- 1. Select a subject to benchmark
- 2. Decide which organizations or companies you want to benchmark
- 3. Document your current processes
- 4. Collect and analyze data
- 5. Measure your performance against the data you’ve collected
- 6. Create a plan
- 7. Implement the changes
- 8. Repeat the process
We have compared four vehicles that fit Mr. Pughazhyendhii's requirements, and here is a detailed comparison of their specifications:
|
Car Model |
Engine |
Gearbox |
Safety Features |
|
Mahindra XUV300 |
1.2L Turbo-Petrol |
6-speed manual |
Airbags, ABS with EBD, Rear Parking Sensors |
|
Maruti Suzuki Ertiga |
1.5L Petrol Engine |
5-speed manual or 4-speed automatic |
Airbags, ABS with EBD, Rear Parking Sensors |
|
Kia Seltos |
1.5L Petrol Engine |
6-speed manual or CVT automatic |
Six Airbags, ABS with EBD, Rear Parking Sensors |
|
Hyundai Creta |
1.5L Petrol Engine |
6-speed manual or CVT automatic |
Airbags, ABS with EBD, Rear Parking Sensors |
After considering Mr. Pughazhyendhii's requirements and comparing the four cars, we recommend the Mahindra XUV300 as the best option. It is an ideal fit for Mr. Pughazhyendhii's family of five, falls within his budget, and has all the necessary safety features. The car also has a spacious interior and a powerful engine. Among all the comparisons it is suitable for BANGALORE road, And to travel upto 500Km.