Challenge

Benchmarking

1)

As per my suggestion the following car is best budget which comes under 8 to 10 lakhs for Mr. D.S. Pughazhyendhii family.

On-Road Price for Bangalore

1) Maruti Suzuki fronx

maruti suzuki fronx starts ₹ 7.47 - 13.14 Lakh

2) KIA SONET

kia sonet prices is 7.47 to13.47 lakh

3) Renault Kiger

Renault Kiger Price 6.5 -11.23 Lakh

4) Hyundai Venue

Venue price starts from ₹ 7.72 Lakh and goes up to ₹ 13.18

5)Renault Triber

Triber price starts from ₹ 6.34 Lakh and goes up to ₹ 8.98 Lakh.

6) Maruti Suzuki Breeza

Brezza price starts from ₹ 8.29 Lakh and goes up to ₹ 14.14 Lakh.

7)

Maruti Suzuki Swift

Swift price starts from ₹ 5.99 Lakh and goes up to ₹ 9.03 Lakh

8)

Tata Punch

Punch price starts from ₹ 6.00 Lakh and goes up to ₹ 9.47 Lakh.

9)

Mahindra XUV300

XUV300 price starts from ₹ 8.41 Lakh and goes up to ₹ 14.60 Lakh.

  1. Prepare a report explaining what is benchmarking

Benchmarking is the practice of comparing business processes and performance metrics against industry best standards and best practices from other companies. Parameters such as quality, time and cost are usually measured.

Benchmarking is used to measure performance using a specific metric (cost per unit of measurement, performance per unit of measurement, cycle time per unit x, or defect per unit), resulting in a measurement of performance Which is compared with others.

The 12 stage methodology consists of:

  • Select subject
  • Define the process
  • Identify potential partners
  • Identify data sources
  • Collect data and select all partners
  • Determine the gap
  • Establish process differences
  • Target future performance
  • Communicate
  • Adjust goal
  • Implement
  • Review and recalibrate

Technical benchmarking is performed by design staff to determine the capabilities of products or services, especially in comparison to the products or services of leading competitors. For example, on a scale of one to four, four being best, how do designers rank the properties of your organization’s products or services? If you cannot obtain hard data, the design efforts may be insufficient, and products or services may be inadequate to be competitive.

Benchmarking in the automobile industry

Benchmarking involves a structured comparison between similar products, services or processes on some dimensions of performance. For example it can be used to compare the availability and delivery of features in a product and in this form often provides the basis of consumer tests and reviews. These look at products and services and provide recommendations based on which is best or some form of ranking amongst competitors.

It is particularly useful when comparing not only performance but also practice – in other words what do the different organizations do to enable that performance to be delivered? And applied in this way it is a powerful tool in process innovation sin e studying how the ‘best’ achieve their performance can provide powerful clues for changing the way processes operate. Process 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

3)

Conclusion:

i would suggest the Tata Punch

Your portfolio, next

Ship work like this
in your own course.

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