Benchmarking

BENCHMARKING

Benchmarking is the practice of comparing the performance of a firm's products, services, or procedures to those of another company that is regarded as the best in the industry, or "best in class." Benchmarking is used to find internal opportunities for improvement. You can implement changes that will generate significant benefits by analysing firms with outstanding performance, breaking down what makes such superior performance feasible, and then comparing those procedures to how your business runs.

This could mean adjusting a product's features to better match those of a rival, expanding the range of services you provide, or putting in a new customer relationship management (CRM) system to make it easier to communicate with customers more individually.

There are two primary types of opportunities for improvement: ongoing and dramatic To make significant progress through continuous improvement, only minor adjustments are required. Reengineering the internal work process as a whole is the only way to achieve significant improvement.

STEP-BY-STEP BENCHMARKING

The process of benchmarking consists of five simple but thorough steps:

• To benchmark, select a product, service, or internal department.
• Determine the organizations to which you will compare your company and the best-in-class businesses you should benchmark against.
• Find out about their internal performance metrics.
• To discover performance gaps, compare the data from the two organizations.
• Implement the policies and procedures in place for the best performers.

While benchmarking will highlight the changes that will have the greatest impact, it is ultimately up to you to implement them.

Anything can be benchmarked if you have quantitative data to analyze. This requires deconstructing internal procedures to calculate performance metrics. Everything should be quantified because only information that can be quantified can be compared accurately.

REQUIREMENTS:

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 500 km 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 the 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 opinion,

Mr . D.S. Pughazhyendhii's family wants a safe car with good value that balances mileage, maintenance, space, features, and social status without being an entry-level car. Instead, they want a car that offers value.

With the change in mindsets that is taking place, features, in addition to safety and attractive interiors, are also becoming important factors in car buying.

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

• five to seven seats for his family.
• Budget: Rs. 8 to 10 lakhs, on the road.
• Good mileage.
• A good car for easy city commutes and long drives.
• Additionally, he enjoys big cars.
• five to seven seats for his family.

I would recommend SUVs with diesel or gasoline engines.

OPTIONS FOR CARS:

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

MURUTHI SUZUKI BELENO:(diesel)

cost: 9.62 lakhs

MODEL:

SPECIFICATIONS SUMMARY:

ARAI Mileage:22.94kmpl

displacement:1197cc

power:90hp

fuel type: Diesel

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.

FORD ECO SPORT: petrol

cost:8-10 Lakhs

MODEL:

SPECIFICATION SUMMARY:

milage (ARAI):14Kmpl-23Kmpl

displacement:1496-1498cc

fuel type: diesel/ petrol

fuel tank capacity:52L

length:3998mm

width:1765mm

height:1647mm

seat: 5

Weight: 1660Kg

Engine:1.5l 122hp inline 3

gear box:5 speed

transmission: Automatic / manual

Torque:149-215 n-m @ 1750-3250rpm

power:98.96 bhp @3750rpm

FEATURES:

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

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.

HYUNDAI VENUE: diesel

cost: 9.5-10lakhs

MODEL:

Specifications 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.

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

kerb 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.

Let's look at the differences between the cars mentioned above and choose the one that's best for the conditions listed above.

among them I suggested

• HYUNDAI VENUE
• FORD ECOSPO

Both of these models are ideal for the aforementioned family.

comparison between 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
P SPEED	150KMPH	170KMPH

DIMENSIONS AND CAPACITY	HYUNDAI	FORD
LENGTH	3995mm	3988mm
WIDTH	1770mm	1765mm
HEIGHT	1590mm	1647mm ( without rails)
KERB WEIGHT	1169Kgs	1188Kgs
WHEEL BASE	2500mm	2519mm
GROUND CLEARANCE	200mm	200mm
WHEEL SIZE	15 INCHES	13-19 INCHES

PROS OF HYUNDAI:

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

CONS:

• Less Legroom Space for a 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

ABS (Anti-lock Braking System), Central Locking, EBD (Electronic Brake-force Distribution), and ISOFIX (Child Seat Mount) are all included in the Venue. The EcoSport has electronic brake-force distribution (EBD), central locking, and an anti-lock braking system.

Engine

The venue has a Kappa 1.2 L MPi Petrol Engine with four cylinders and 1197 cc. It can produce 84 PS at 6000 rpm and 114 Nm at 4000 rpm of torque. The Ford EcoSport, on the other hand, has a 1.5-litre, three-cylinder, 1496-cc gasoline engine that can produce 122 PS at 6500 rpm and 149 Nm at 4500 rpm.

Warranty

The Hyundai Venue has a three-year, unlimited-mileage warranty, while the Ford EcoSport has a three-year warranty.

Body

The venue has 5 seats and 5 doors. It is an SUV with a 350-litre trunk, a 45-litre fuel tank, and 200-millimetre ground clearance. It measures 3995 mm long, 1590 mm high, and 1770 mm wide. It has a wheelbase of 2500 mm and a curb weight of 1168 kg. An alternative is the EcoSport, an SUV with five doors, five seats, a 52-litre fuel tank, 352-litre trunk space, and 200 millimetres of ground clearance. It is 1647 millimetres tall without rails, 3988 millimetres long, 1765 millimetres wide without mirrors, and weighs 1188 kilograms.

Transmission

The five-speed manual transmission on the Hyundai Venue is FWD (front-wheel drive). Furthermore, EcoSport accompanies FWD (Front Wheel Drive) and 5 Speed Manual transmission.

Brakes, Suspensions and Tyres

The Venue features ventilated disc brakes, McPherson struts with coil spring rear suspension, a Coupled Torsion Beam Axle with coil spring suspension, and drum brakes on the rear wheels. The size of the front tires is 195/65 R15. On the other hand, the Ford EcoSport has Ventilated Disc brakes and Independent McPherson suspension on its 195/65 R15-sized front wheels. In the rear, it has drum brakes.

As the two distinct automobiles, the Hyundai and the Ford Ecosport were clearly explained,

As can be seen from the straightforward comparison of the two automobiles—the Hyundai and the Ford Ecosport—I would recommend the Hyundai to the Mr D.S. Pughazhyendhii family as the best.

CONCLUSION:

The Hyundai Venue was recommended as the best automobile for Mr D.S. Pughazhyendhii's family. It is suitable for the BANGALORE road and can travel up to 500 kilometres, surpassing all other comparisons.