Benchmarking
BENCHMARKING
BENCHMARKING IS A PROCESS OF COMPARING A COMPANY PERFORMANCE OR PRODUCTS AGAINT THE BEST PRATICES OF INDUSTRY LEADERS OR COMPETITORS , IT HELPS ORIGANIZATION TO IDENTOFY GAPS IN THEIR PERFROMNACE AND TO LERAN FROM THR SUCCESSES AND FAILURE OF OTHERS
TYPES OF BENCHMARKING
- INTERNAL BENCHMARKING - ITS A COMPARIOSN OF PERFROMANCE BETWEEN DIFFRENT DEPERATMENT OR DIVISIONS WITHIN A ORGANISATION
- COMPETITVE BENCHMARKING- ITS A COMPRISION OF PERFROMANCE AGAINTS DIRECTOR COMPETITORS IN INDUSTRY
- FUNCTIONAL BENCHMARKING-ITS A COMPARISION OF SPECIFIC PROCESSES OR FUNCTION WITHIN A ORGANIZATION ,REGARDLESS OF INDUSTRY OR COMENTITION
- GENERIC BENCHMARKING ITS A COMPARIOSN OF PROCESSED OR PRATICE BETWEEN ORGANIZATION IN DIFFRENT INDUSTRIES WITH SIMILAR PROCESSES
Methods of benchmarking
- indirect benchmarking - it involves in gathering information from secondary sources such as industry publications , goverment reports and market research data.
- direct benchmarking - it involves gethering data directly from competitors or industry leaders through survey or site visits
- perfromance benchmarking - it involves comparing key perfromance metrices such as producvity , quality and efficiency.
- process benchmarking - it involves comparing specfic processes or activities such as hiring , traning or manufacturing.
Pros:
- identifies areas for improvement
- provides a benchmark for measuring progress
- facilitates learning from best practices
- improves competitiveness
Cons:
- time consming
- limited availability of data
- overemphasis on short-term goals
RFQ:
Mr. D.S. Pughazhyendhii is a married man who lives in Bangalore which is a highly crowded city. His Family comprises five members including his wife, a five-year-old boy, his father, and his mother. He visits his native place Madurai which is 500kms away from Bangalore once a month. Also, he will be using his car to commute to his office. His budget falls between 8 to 10 lakhs on road. Please suggest to him options so that he will buy a good car for his family.
Note: Pughazhyendhii is fond of big cars
In my POV: i would suggest following list cars
- TATA NEXON
- HYUNDIA VENUE
- NISSAN MAGNITE
- MAHINDRA XUV 300
TATA NEXON
FEATURES:
- TATA NEXON HAS A MODERN DESIGN WITH PROJECTIR HEADLAMP AND LED TAIL LAMPS
- DUAL AIRBAGS
- ABS WITH EBD
- REAR PARKING SENSORS AND REVERSE CAMERA
- TOUCH SCREEN INFOTAINMENT SYSTEM
- GOOD LEGROOM AND HEADROOM
- AUTOMATIC CLIMATE CONTROL
- ELECTRICALLY ADJUSABLE ORVM,s
- ELECTRONIC STABILITY CONTROL AND HILL HOLD ASSIST
CONS:
- INTERIOR QUALITY COULD BE IMPROVED
- SUSPENSION SETUP COULD BE IMPORVED
- STILL FEW CUSTOMERD FEEL HESITANT TO PURCHASE DUE TO CONCERNS ABOUT THE AVAILABILTY OF SERVICE CENTRE
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HYUNDIA VENUE
FEATURES:
- SAFETY FEATURES WITH SIX AIRBAGS
- ABS WITH EBD
- TURBO CHARGED PETROL ENGINE
- THREE DIFFRENT ENGINE OPTION
- KEYLESS ENTRY ,PUSH BUTTON START CONVENIENCE
- INFOTAINTMENT WITH APPLE CAR PLAY AND ANDRIOD AUTO COMPATIBILITY
CONS:
- REAR SEAT SPACE FOR TALLERS PASSENGERS MAY FEEL CRAMPED
- LIMITED STORAGE SPACE
- RIDE QUALITY OF VENUE MAY FEEL STIFF ON ROUGH ROADS
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NISSIAN MAGNITE
FEATURES:
- CUSTOMIZATION OPTIONS AND COLOUR OPTIONS
- SLEEK LED HEADLIGHTS AND BOLD BODY LINES
- TOUCHSCREEN INFOTAINMENT SYSTEM ,KEYLESS ENTRY AND PUSH BUTTON START
- SPACIOUS INTERIOR FOR BOTH FRONT AND REAR PASSENGERS
- TWO ENGINE OPTIONS
- DUAL AIR BAG AND 360 DEGREE CAMERA
CONS:
- ONLY PETROL ENGINES
- BUILD QUALITY SHOULD BE IMPROVED
- INTERIOR FEEL CHEAP AND EXTERIOR PANEL GAPS ARE NOT CONSITENT
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MAHINDRA XUV 300
FEATURES:
- OFFERS COLOR OPTIONS
- SPACIOUS COMFORTABLE CABIN WITH PLENTY LEGROOM FOR FRONT AND REAR PASSENGERS
- DUAL AIR BAGS , REARVIEW CAMERA AND REARVIEW PARKING SENSOR
- 1.2LITRE TUROCHARGED PETROL ENGINES
- 6 SPEED MANUAL OR AUTO TRANSMISSION
CONS:
PRICE IS HIGH IN THIS SEGMENT
LOW FUEL EFFICIENCY
REAR VISIBILITY IS LIMITED DUE TO THICK C PILLARS , THIS COLUD MAKE DIFFICUILT GO PARK
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GENERAL FEATURES
| SPECIFICATIONS | TATA NEXON | HYUNDAI VENUE | NISSIAN MAGNITE | MAHINDRA XUV 300 |
| MILEAGE | 17 | 17 | 18 | 15 |
| ENGINE DISPLACEMENT | 1199 | 1197 | 999 | 1197 |
| MAX TORQUE | 170nm@1750rpm | 114nm@4000RPM | 96nm@3500RPM | 200nm@2000RPM |
| TRANSMISSION TYPE | AUTO /MANUAL | AUTO /MANUAL | AUTO /MANUAL | AUTO /MANUAL |
| FUEL TANK CAPACITY | 44 | 45 | 40 | 42 |
|
MAX POWER |
118bhp@5500rpm | 82bhp@6000rpm | 71bhp@6250rpm | 108bhp@5000rpm |
| SEATING CAPACITY | 5 | 5 | 5 | 5 |
| BOOT SPACE | 350 | 350 | 336 | 257 |
| BODY TYPE | SUV | SUV | SUV | SUV |
| SAFETY RATING |
5 star(global NCAP) |
3.7-4 Star/5 | 4STAR (asean ncap) | 5 STAR (GLOBAL NCAP) |
AS WE SEEN THE CLEAR CUT ABOUT THESE 4 CARS
AMONG THESE 4 CARS I WOULD LIKE TO SUGGEST TATA NEXON IS THE BEST CAR FOR MR.D.S PUGHAZHYENDHII FAMILY
CONCLUSION :
THE SUGGESTED OF THE BEST AUTOMOTIVE CAR FOR MS/D/S PUGHAZHYENDHII FAMILY IS TATA NEXON , AMONG ALL THE COMPARISION IT IS SUTIABLE FOR HIM AND HIS FAMILY