Benchmarking

AIM: DETAILED REPORT ON BENCHMARKING

To prepare a report explaining what is Bench-marking , Compare at least 4 Vehicles and Provide a Preoper conclusion for the report ,suggesting a suitable vehicle among the comparison made.

WHAT IS BENCHMARKING ?

It is the process of comparing one's business process and performance metrics to industries bests and/or best practises from other industries.Process benchmarking includes studying process flows, operating system, process technologies and the operation of target firms and departments.

Also it can be defined as the way of discoveing what is the best performance being acived-whether in a particular company ,by a competiter or by entirely different industry. this information can then used to identify gaps n an organization' process to achieve a competative adavantage.

Three primary classification of Benchmaking :

Althrough there are many forms of benchmarking, they can classified into three categories-internal, competative and strategic.

INTERNAL BENCHMARKING :s used when a company already has established and proven best practices and they smply need to share them.internal benchmarking also may be necessary if comparable industries are not readyly available.

COMPETITIVE BENCHMARKING: is used when a company wnats to evaluate its position wthn its when a company needs to identfy industry leadership performance targets.

STRATEGIC BENCCHMARKING:is used when identifying and analysng world-class performance.Ths form of benchmarking is used most a company needs to go outside of its industry.

STEP-BY-STEP ABOUT BENCHMARKING:

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

• Choose a product , service , or nternal department to benchmark.
• Determine which best -in-class companies you should benchmarking against, which organizations you will comapre your business to.
• Gather information on therir internal performance,or matrics.
• compare the data from both organizations to identify gaps n your company's performance.
• adpot the processes and policies in place within the best-in-class performers.

In order to benchmarking anything, you need to have quantitative data available to study. That means breaking down internal processes to calculate performance metrics.Quantify everything, because only quantfable normation can be accurately compred.

BENIFITS:

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

By identifying areas you wish to improve on in your business and benchmarking your existing performance against competitors, your business can strive to enhance your execution tenfold. Using benchmarking this way has allowed businesses to gain strategic advantages over competitors and grow industry averages.

• Monitor Performance

Benchmarking involves looking at current trends in data and projecting future trends depending on what you aim to achieve. In order to know you have been successful, benchmarking needs to be a continuous process. Monitoring performance is an inherent characteristic of it.

• Continuous Improvement

As well as monitoring performance, continuous improvement is an essential attribute of benchmarking. This is because the aim of benchmarking is to improve certain elements of a business. This improvement should not merely be something that improves once and is forgotten, but something that improves over time and is continuous.

• Planning and Goal Setting

Once benchmarking has been carried out, goals and performance metrics are set in order to improve performance. These goals are new, more competitive targets for a company but they must be achievable. If goals are unrealistic to achieve teams become demotivated and goals are destined to remain unfulfilled.

• Encourage Ownership

When companies look at their processes and metrics they need to ask hard questions to get all the answers they need. This includes talking to everyone in the business and understanding their roles. By asking these questions and gaining a better understanding of everyone’s role, ownership of processes and performance is encouraged. This means that employees will take pride in their job and the work they do. This pride leads to better performance and higher-quality end results.

REQUIREMENTS:

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

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, five-year-old boy, his father, and his mother. He visits his native place Madurai which is 500kms away from Bangalore once in 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 with options so that he will buy a good car for his family.

Note: Pughazhyendhii is fond of big cars

In my view,

Mr . D.S. Pughazhyendhii's family requires what Safe Car yet the value which offers an Equilibrium strike of Mileage, Maintenance with Good space, Features and a Social Status too of not to be owning a car which is of entry segment but one which offers Value.

With Transformation happening in Mindsets - Safety along with Good Interiors, Features are also making an important buying aspect.

Mr . D.S. Pughazhyendhii's major requirements in a car:

• 5-7 seats for his family members.
• Budget: Rs. 8-10 Lakhs/-, on road price
• Good Mileage
• Good car for easy commuting within city and long drive as well.
• He is also fond of big cars.
• 5-7 seats for his family members.

  I would suggest diesel/ petrol Engine Vehicle, SUVs is preferrable.

  SUGGESTION OF CARS:

  • MURUTI SUZUKI BELENO
  • TATA NEXON
  • HYUNDAI VENUE
  • MURUTHI SUZUKI VITARA BREZZA

  MODELS/SPECIFICATION:

  1. HYUNAI VENUE: diesel

  cost: 9.5-10lakhs

  MODEL:

  

  Specifiactions Summary:

  Mileage (ARAI) kmpl: 17 Kmpl to 23.7Kmpl

  Fuel Type: Petrol / Diesel

  fuel tank capacity:45L

  kerb weight:1081-1230kg

  Transmission: Manual / Automatic

  displacement:1493cc

  max power:98.6hp / 4000rpm

  Length Width Height: 3995*1770*1605

  Seating Capacity: 5

  Boot Space: 350 L

  Power:98.6 bhp/4000rpm

  Torque: 240.26nm / 1500-2750rpm

  Engine Displacement: 998 CC / 1396 CC

  Gear Box: 7-Speed

  

  FEATURES:

  • Power steering
  • anti lock braking system
  • driver airbag
  • automatic climate control
  • alloy wheels
  • power windows front
  • air conditioner
  • passenger airbag
  • fog lights-front.

  2.TATA NEXON:(petrol)

  cost: 8.47 Lakh

  MODEL:

  

  SPECIFICATIONS SUMMARY:

  • Mileage (ARAI) kmpl:17 Kmpl to 21 Kmpl
  • fuel type: petrol
  • fuel tank capacity:44L

  • Gear Box:6 SpeedFuel

  • Type:Petrol / Diesel

  • Transmission:Manual / Automatic

  • Driving Range 773 Km

  • Length Width Height:3994*1811*1607

  • Seating Capacity:5Boot Space:350

  • Power:108.5bhp@3750rpm

  • Torque:260Nm@1500-2750rpm

  • Engine Displacement:1198 CC / 1497 CC

  FEATURES:

  • Power steering
  • anti lock braking system
  • driver airbag
  • automatic climate control
  • alloy wheels
  • power windows front
  • air conditioner
  • passenger airbag
  • fog lights-front.

  3.MURUTHI SUZUKI BELENO:(diesel)

  cost: 9.62 lakhs

  MODEL:

  

  SPECIFICATIONS SUMMARY:

  ARAI Mileage:22.94kmpl

  displacement:1197cc

  power:90hp

  fuel type:

  fuel tank capacity:37L

  Torque:113 n.m

  seating: 5

  Weight:1410Kg

  Engine:1.2L 90HP in-line 4

  Emission Norm compliance Bs vi

  engine displacement :1197cc

  Transmission:Automatic

  FEATURES:

  • Power steering
  • anti lock braking system
  • driver airbag
  • automatic climate control
  • alloy wheels
  • power windows front
  • air conditioner
  • passenger airbag
  • fog lights-front.

  4. MARUTI SUZUKI VITARA BREZZA:petrol

  cost:9.3 Lakhs

  MODEL:

  

  SPECIFICATION SUMMARY:

  ARAI mileage:18.76Kmpl

  Engine displacement:1462

  Max power :103.26hp / 6000rpm

  fuel type:petrol

  fuel tank capacity:48.0

  seating capacity:5

  max torque: 138nm / 4400 rpm

  transmission : Automatic

  krb weight:1135-1150Kg

  Gross weight:1600Kg

  

  FEATURES:

  • Power steering
  • anti lock braking system
  • driver airbag
  • automatic climate control
  • alloy wheels
  • power windows front
  • air conditioner
  • passenger airbag
  • fog lights-front.

  Lets took into differentce between cars Mention above and select which is suitable for The above conditions.

  among them i recommended

  HYNDAI VENUE

  FORD ECOSPO

  both this model cars are suitable and its best for the above family.

  comparison betweem the hyundai venue and ford ecosport

  BRAND NAME	HYUNDAI	FORD
  VARIENT	1.2 KAPPA MTE	1.5L PETROL AMBIENTE
  ON ROAD PRICE	9.5 Lakhs	10Lakhs
  FUEL TYPE	Petrol	Petrol
  FUEL TANK CAPACITY	45 L	52 L
  BODY TYPE	SUV	SUV
  MAX POWER (BHP&RPM)	98.6 BHP/4000RPM	98.96 BHP @3750RPM
  MILEAGE(ARAI)	17.52	15.9
  BOOT SPACE	350 L	352 L
  ENGINE DISPLACEMENT	1197CC	1496CC
  SEATING CAPACITY	5	5
  TRANSMISSION TYPE	MANUAL	MANUAL
  SAFETY	ANTI LOCK BREAKING SYSTEM	ANTI LOCK BREAKING SYSTEM
  TOP SPEED	150KMPH	170KMPH

  DIMENSTIONS AND CAPACITY	HYUNDAI	FORD
  LENGTH	3995mm	3988mm
  WIDTH	1770mm	1765mm
  HEIGHT	1590mm	1647mm ( with out rails)
  KERB WEIGHT	1169Kgs	1188Kgs
  WHEEL BASE	2500mm	2519mm
  GROUND CLEARANCE	200mm	200mm
  WHEEL SIZE	15 INCHES	13-19 INCHES

  PROS AND CONS

  PROS OF HYUNDAI:

  • Feature-rich SUV,
  • Internet Connectivity.
  • Multiple Engine Options,
  • Easy to drive, value based imt a plus point
  • Great engine options including diesel and turbo petrol
  • Looks nice, cabin is well paid out too

  CONS:

  • Less Legroom Space for taller Person
  • Less Spacoius on Back Seat.
  • Pick-Up in top gears.
  • Long waiting period for some versions
  • Space isn't in the league of the Nexon

  DETAILED COMPARISON OF VENUE AND ECOSPORT

  Safety

  Venue comes loaded with ABS (Anti-lock Braking System), Central Locking, EBD (Electronic Brake-force Distribution), ISOFIX (Child-Seat Mount). EcoSport has ABS (Anti-lock Braking System), Central Locking, EBD (Electronic Brake-force Distribution).

  Engine

  Venue comes with a 4 cylinder, 1197 cc, Kappa 1.2 L MPi Petrol Petrol Engine which can generate 84 PS @ 6000 rpm power and 114 Nm @ 4000 rpm torque. Ford EcoSport, on the contrary comes with a 3 cylinder, 1496 cc, 1.5 litre petrol Engine Petrol engine which can generate 122PS@6500rpm power and 149Nm@4500rpm torque.

  Warranty

  Hyundai Venue has a warranty of 3 Years/Unlimited Kms and Ford EcoSport has 3 Years Warranty.

  Body

  Venue has 5 doors and 5 seats. It is an SUV with 350 Litres boot space, 45 Litres fuel tank capacity and a ground clearance of 200 mm. It is 1770 mm wide, 1590 mm high and 3995 mm long. It has 1168 Kg kerb weight and 2500 mm wheel base. Alternativelly, EcoSport is an SUV with 5 doors and 5 seats, 52 Litres fuel tank capacity, 352 Litres boot space, 200 mm ground clearance. It has 1647 mm (without rails) height, 3988 mm length, 1765 (w/o mirrors) mm width, and 1188 Kgkerb weight .

  Transmission

  Hyundai Venue comes with FWD (Front Wheel Drive) and 5 Speed Manual transmission. And EcoSport comes with FWD (Front Wheel Drive) and 5 Speed Manual transmission.

  Brakes, Suspensions and Tyres

  Venue has Ventilated Disc brakes, Mc Pherson Strut With Coil Spring Rear suspension with Coupled Torsion Beam Axle with coil spring suspension and Drum brakes in rear wheels. It has a 195/65 R15 front tyre size. Contrastingly, Ford EcoSport has Independent Mc Pherson suspension and Ventilated Disc brakes in 195/65 R15 sized front wheels. It has Drum brakes in rear wheels.

  As we seen in the clear cut about the 2 different cars hyundai and ford ecosport,

  Among both of them i would like to suggest HYNDAI is the best for the Mr. D.S. Pughazhyendhii family

  

  CONCLUSION:

  The suggested of the best automotive car for Mr. D.S. Pughazhyendhii family is HYUNDAI VENUE. Among all the comparison it is suitable for BANGALORE road, And to travel upto 500KM