Challenge

Benchmarking

Considering Mr. D.S. Pughazhyendhii's requirements of a car for his family in Bangalore and occasional long trips to Madurai, here are some suitable options within his budget of 8 to 10 lakhs:

SPECIFICATIONS

KIA SONET

TATA NEXON HYUNDAI AURA MARUTI SUZUKI DZIRE

COST ON-ROAD

(in lakhs)

7.8-14.9 7.8-14.5 6.33-8.9 6.5-9.4
MILAGE (km/l) 18-24.1 17-22 20-25 21-24
NO. OF SITTER 5 5 5 5
TYPE OF CAR Compact SUV Compact SUV Compact Sedan Compact Sedan
LUGGAGE CAPACITY 392 350 402 378
MAINTENANCE Growing service network, competitive maintenance cost Extensive Network, affordable maintenance cost Relaible after sales support with affordable cost well established service network with cost-effective maintenance
SAFTETY FEATURES dual front airbags, ABS with EBD, rear parking sensors, and more dual front airbags, ABS with EBD, rear parking sensors, and ISOFIX child seat mounts. dual front airbags, ABS with EBD, rear parking sensors, and driver and passenger seatbelt reminder. dual front airbags, ABS with EBD, rear parking sensors, and seatbelt reminder.

After comparing the four options within the budget range of 8 to 10 lakhs on road, the most suitable car for Mr. D.S. Pughazhyendhii and his family would be the Dzire. The Dzire offers a stylish design, feature-rich interior, advanced technology, and safety features. It provides a comfortable and spacious cabin for the family's needs.

Benchmarking is a process used by organizations to measure their performance against industry standards or best practices. It can measured in same company under different sections, or between different branches, or between two or more competitors in the same sector, or in different sector with same domain. It involves comparing key performance indicators (KPIs) and processes of an organization to those of other companies in the same industry or sector. The goal of benchmarking is to identify areas of improvement, set targets for performance, and implement strategies to achieve those targets.

It involves the following steps:

  • identify the areas to be benchmarked
  • Identify benchmarking partners
  • Collect data
  • Analyze and compare the data
  • Set targets and develop action plans
  • Implement and monitor
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