Benchmarking
- Benchmark with presently available cars in the market for the following case:
Mr. D.S. Pughazhyendhii's requirements include a spacious car that can accommodate five members, including a child and elderly parents, with comfort and safety. He also needs a car that is suitable for his monthly long-distance travel of 500km to Madurai and his daily commute in Bangalore's crowded city. His budget is between 8 to 10 lakhs on road.
Based on his requirements and budget, some of the options available in the market that can be benchmarked are:
a) Hyundai Creta b) Kia Seltos c) Maruti Suzuki Vitara Brezza d) Toyota Innova Crysta
- Prepare a report explaining what is Bench-Marking:
Benchmarking is the process of comparing one's business processes and performance metrics to industry best practices and standards to identify areas for improvement. It is a continuous process that involves measuring and analyzing a company's performance and identifying areas where improvements can be made to meet or exceed industry standards. By benchmarking, businesses can identify best practices, set performance goals, and develop action plans to improve their processes and performance.
- Compare at least 4 vehicles:
a) Hyundai Creta: Hyundai Creta is a compact SUV that offers a spacious cabin and good driving dynamics. It is available in both petrol and diesel engine options and comes with a range of features, including a touchscreen infotainment system, automatic climate control, and multiple airbags. The petrol variant delivers a fuel efficiency of 17kmpl, and the diesel variant delivers 21kmpl.
b) Kia Seltos: Kia Seltos is another compact SUV that offers a spacious cabin and a range of features, including a large touchscreen infotainment system, automatic climate control, and multiple airbags. It is available in both petrol and diesel engine options and delivers a fuel efficiency of 16kmpl for petrol and 21kmpl for diesel.
c) Maruti Suzuki Vitara Brezza: Maruti Suzuki Vitara Brezza is a popular compact SUV that offers good fuel efficiency, reliability, and a comfortable ride. It is available only in the diesel engine option and delivers a fuel efficiency of 24kmpl. It comes with a range of features, including a touchscreen infotainment system, automatic climate control, and multiple airbags.
d) Toyota Innova Crysta: Toyota Innova Crysta is a popular MPV that offers a spacious cabin and a range of features, including a touchscreen infotainment system, automatic climate control, and multiple airbags. It is available in both petrol and diesel engine options and delivers a fuel efficiency of 11kmpl for petrol and 14kmpl for diesel.
- Provide a proper conclusion for the report, suggesting a single suitable vehicle among the comparison made with images:
Based on Mr. Pughazhyendhii's requirements and budget, the best option among the four vehicles would be the Hyundai Creta. It offers a spacious cabin, good driving dynamics, a range of features, and good fuel efficiency, making it a suitable car for his daily commute and monthly long-distance travel. The petrol variant of the Creta is priced at around 9.7 lakhs on road, while the diesel variant is priced at around 11.1 lakhs on road, falling within his budget range. Here is an image of the Hyundai Creta for reference: