Benchmarking
BENCHMARKING
Benchmarking is defined as the process of measuring products, services, and processes against those of organizations known to be leaders in one or more aspects of their operations. Benchmarking provides necessary insights to help you understand how your organization compares with similar organizations, even if they are in a different business or have a different group of customers.
TYPE OF BENCHMARKING
1. Performance benchmarking involves gathering and comparing quantitative data (i.e., measures or key performance indicators). Performance benchmarking is usually the first step organizations take to identify performance gaps.
2. Practice benchmarking involves gathering and comparing qualitative information about how an activity is conducted through people, processes, and technology.
3. Internal benchmarking compares metrics (performance benchmarking) and/or practices (practice benchmarking) from different units, product lines, departments, programs, geographies, etc., within the organization.
4. External benchmarking compares metrics and/or practices of one organization to one or many others.
car company : ford
Model : Ecosport(petrol)
Transmission : Manual/ Automatic
Segment : Compact SUV
Fuel : Petrol/ Diesel
Price : Rs 9,97,160 for the basic model
Engine : 1496 cc
Cyclinder : 3
Power : 90 KW @ 6500 rpm
Torque : 149Nm @ 4500 rpm
Fuel tank capacity : 52 L
Mileage : 15.9 kmpl
Turn radius : 5.3 m
car company : TATA
Model : Nexon(petrol)
Transmission : Manual/ Automatic
Segment : Compact SUV
Fuel : Petrol/ Diesel
Price : Rs 8,54,509 for the basic model
Engine : 1199 cc
Cyclinder : 3
Power : 90 KW @ 5500 rpm
Torque : 170Nm @ 4500 rpm
Fuel tank capacity : 44 L
Mileage : 23.97 kmpl
Turn radius : 5.1 m
car company : Hyundi
Model : Venue(petrol)
Transmission : Manual/ Automatic
Segment : Compact SUV
Fuel : Petrol/ Diesel
Price : Rs 8,17,089 for the basic model
Engine : 1197 cc
Cyclinder : 3
Power : 83 KW @ 6000 rpm
Torque : 172Nm @ 4500 rpm
Fuel tank capacity : 45 L
Mileage : 18.27 kmpl
Turn radius : 5.1 m
car company : Kia
Model : Sonet(petrol)
Transmission : Manual/ Automatic
Segment : Compact SUV
Fuel : Petrol/ Diesel
Price : Rs 8,54,509 for the basic model
Engine : 998 cc
Cyclinder : 3
Power : 90 KW @ 5500 rpm
Torque : 172Nm @ 4500 rpm
Fuel tank capacity : 45 L
Mileage : 18.3 kmpl
Turn radius : 5.1 m
car company : Renault
Model : Duster(petrol)
Transmission : Manual/ Automatic
Segment : Compact SUV
Fuel : Petrol/ Diesel
Price : Rs 9,84,000 for the basic model
Engine : 1498 cc
Cyclinder : 4
Power : 78KW @ 5500 rpm
Torque : 142Nm @ 4000 rpm
Fuel tank capacity : 50 L
Mileage : 16.42 kmpl
Turn radius : 5.2 m
Conclusion
In terms of engine, mileage and safety features TATA Nexon is the better option out of other 4 cars.