Benchmarking

- TO EXPLAIN WHAT IS BENCHMARKING AND DO BENCHMARKING FOR FOUR VEHICLES.

WHAT IS BENCHMARKING?

• Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another businesconsidered to be the best in the industry, “best in class.” The point of benchmarking is to identify internal opportunities for improvement.
• By studying companies with superior performance, breaking down what makes such 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 competitor’s offering, or changing the scope of services you offer, installing a new customer relationship management (CRM) system to enable more personalized communications with customers.

• There are two basic kinds of improvement opportunities: continuous and dramatic. Continuous improvement is incremental, involving only small adjustments to reap sizeable advances. Dramatic improvement can only come about through reengineering the whole internal work.

PROCESS BENNCHMARKING OF THIS KIND CAN OPARATE 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

STEP BY STEP BENCHMARKING.

Benchmarking is a simple, but detailed, five-step process:

1. Choose a product, service, or internal department to benchmark.
2. Determine which best-in-class companies you should benchmark against, which organizations you’ll compare your business to.
3. Gather information on their internal performance, or metrics.
4. Compare the data from both organizations to identify gaps in your company’s performance.
5. Adopt the processes and policies in place within the best-in-class performers Benchmarking will point out what changes will make the most difference, but it’s up to you to actually put them in place.In order to benchmark anything, you need to have quantitative data available to study. That means breaking down internal processes to calculate performance metrics. Quantify everything, because only quantifiable information can be accurately compared.

BNIFITS

In addition to helping companies become more efficient and profitable, benchmarking has other benefits, too, such as:

1. Improving employee understanding of cost structures and internal processes
2. Encouraging team-building and cooperation in the interests of becoming more competitive
3. Enhancing familiarity with key performance metrics and opportunities for improvement company-wide. In essence, benchmarking helps employees understand how one small piece of a company’s processes or products can be the key to major success, just as one employee’s contributions can lead to a big win.

REQUIREMENS

Benchmark with presently available cars in the market for the following case.

The vehicle benchmarking program considers 10 main attributes scoring up to 815 single criteria. The 10 main attributes are as follows:

• Performance
• Driveability
• Advanced Driver Assistance Systems (ADAS)
• Sound / NVH
• RDE: CO2 / Real life fuel consumption
• Pollutant emissions
• Friction
• Thermal, energy management
• Vehicle dynamics, handling
• Ride Comfort
• SAFETY

BASIC CHARACTERISTICS OF CARS

1. Good seating arrangement.
2. Safety.
3. BS6 Engine used.
4. Good Mileage.
5. Good Interiors.
6. Lightweight Car body.
7. Specifications of cars

SUITABLE CARS

1. Maruti Suzuki Vitara Brezza
2. Tata Nexon
3. Tata Altroz
4. Hyundai venue

1 Maruti Suzuki Vitara Brezza Specification

• Prsie= 8.29 lakh-14.14lakh (ex showroom)
• Mileage= 17.03kmpl
• Max Power (bhp @ rpm)=103.26bhp at 6000rpm
• Safety rating= 4 Star
• Seating capacity= 5
• Transmission type= Mannual
• Engine =1462cc
• Vehicle weight= 1110kgs.
• Vehicle dimension=3995x1790x1640

Images

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2 Tata Nexon

• Prsie= 7.80 to 14.08 lakh.
• Mileage= 22.07 kmpl
• Max Power (bhp @ rpm)=113.42bhp at 3750rpm
• Safety rating= 5 Star
• Seating capacity= 5
• Transmission type= Mannual
• Engine =1199 to 1497 cc
• Vehicle weight=1179-1315 kg
• Vehicle dimension=3993x1811x1606

IMAGES

3 Tata Altroz

• Prsie= 6.60-10.50 lakh.(ex showroom)
• Mileage=18.5 kmpl
• Max Power (bhp @ rpm)=88.77bhp at 4000rpm
• Safety rating= 5 Star
• Seating capacity= 5
• Transmission type= Mannual
• Engine =119 -1497 cc
• Vehicle weight=1179-1315 kg
• Vehicle dimension=3990x1755x1523

IMAGES

4 Hyundai Venue

• Prsie= 7.72 to 13.72 (ex showroom)
• Mileage= 16 kmpl
• Max Power (bhp @ rpm)=118.41bhp at 6000rpm
• Safety rating= 4 Star
• Seating capacity= 5
• Transmission type= Mannual
• Engine =998
• Vehicle weight=1233 kg.
• Vehicle dimension=3,995 mm L x 1,770 mm W x 1,617 mm H

Images

CONCLUSION

I WOULD SUGGEST THE TATA NEXON SINCE IT HAS 5 STAR SAFETY RATING( G NCAP) AND HAVE THE OPTION OF EV ALSO.