Benchmarking
Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “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, or 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.
Step-by-Step Benchmarking
Benchmarking is a simple, but detailed, five-step process:
- Choose a product, service, or internal department to benchmark
- Determine which best-in-class companies you should benchmark against – which organizations you’ll compare your business to
- Gather information on their internal performance, or metrics
- Compare the data from both organizations to identify gaps in your company’s performance
- Adopt the processes and policies in place within the best-in-class performers
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 500 kms 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
Now we are comparing the 4 cars based on the requirments of Mr. D.S. Pughazhyendhii by considering his requirments and his budget.
1.Maruti Dzire ZXI AGS


Specifications
Engine & Transmission
Engine 1197 cc, 4 Cylinders Inline, 4 Valves/Cylinder, DOHC
Max Power (bhp@rpm) 89 bhp @ 6000 rpm
Max Torque (Nm@rpm) 113 Nm @ 4400 rpm
Mileage (ARAI) 24.12 kmpl
Transmission AMT - 5 Gears, Manual Override
Emission Standard BS 6
Dimensions & Weight
Kerb Weight 904 kg
Suspensions, Brakes, Steering & Tyres
Front Suspension MacPherson Strut
Minimum Turning Radius 4.8 metres
Steering Type Power assisted (Electric)
Front Tyres 185 / 65 R15
Rear Tyres 185 / 65 R15
Overspeed Warning 1 beep over 80kmph, Continuous beeps over 120kmph
Emergency Brake Light Flashing No
NCAP Rating 2 Star (Global NCAP)
Airbags 2 Airbags (Driver, Passenger)
Child Seat Anchor Points Yes
2.Honda Amaze 1.2 VX MT Petrol

Specifications
Engine & Transmission
Engine 1199 cc, 4 Cylinders Inline, 4 Valves/Cylinder, SOHC
Max Power (bhp@rpm) 90 bhp @ 6000 rpm
Max Torque (Nm@rpm) 110 Nm @ 4800 rpm
Transmission Manual - 5 Gears
Emission Standard BS 6
Dimensions & Weight
Kerb Weight 935 kg
Suspensions, Brakes, Steering & Tyres
Front Suspension McPherson Strut, Coil Spring
Rear Suspension Torsion Beam, Coil Spring
Minimum Turning Radius 4.7 metres
Steering Type Power assisted (Electric)
Rear Tyres 175 / 65 R15
Features
Safety
Overspeed Warning 1 beep over 80kmph, Continuous beeps over 120kmph
Emergency Brake Light Flashing No
Puncture Repair Kit No
NCAP Rating 4 Star (Global NCAP)
Airbags 2 Airbags (Driver, Front Passenger)
Child Seat Anchor Points Yes
Seat Belt Warning Yes
3.Hyundai Aura SX 1.2 (O) Petrol


Specifications
Engine & Transmission
Engine 1197 cc, 4 Cylinders Inline, 4 Valves/Cylinder, DOHC
Engine Type 1.2 Kappa Petrol
Max Power (bhp@rpm) 82 bhp @ 6000 rpm
Max Torque (Nm@rpm) 114 Nm @ 4000 rpm
Transmission Manual - 5 Gears
Dimensions & Weight
Wheelbase 2450 mm
Suspensions, Brakes, Steering & Tyres
Front Suspension McPherson Strut
Rear Suspension Coupled Torsion Beam Axle
Steering Type Power assisted (Electric)
Rear Tyres 175 / 60 R15
Features
Safety
Overspeed Warning 1 beep over 80kmph, Continuous beeps over 120kmph
Emergency Brake Light Flashing No
Puncture Repair Kit No
NCAP Rating 2 Star (Global NCAP)
Airbags 2 Airbags (Driver, Passenger)
Child Seat Anchor Points Yes
Seat Belt Warning Yes
4.Ford Aspire Titanium Plus 1.2 Ti-VCT


Specifications
Engine & Transmission
Engine 1194 cc, 3 Cylinders Inline, 4 Valves/Cylinder, DOHC
Max Power (bhp@rpm) 95 bhp @ 6300 rpm
Max Torque (Nm@rpm) 119 Nm @ 4250 rpm
Transmission Manual - 5 Gears
Emission Standard BS 6
Dimensions & Weight
Kerb Weight 1044 kg
Suspensions, Brakes, Steering & Tyres
Front Suspension Independent McPherson
Rear Suspension Semi-independent (Twist beam typ)
Front Brake Type Ventilated Disc
Minimum Turning Radius 4.9 metres
Steering Type Power assisted (Electric)
Features
Safety
Emergency Brake Light Flashing No
Puncture Repair Kit No
Airbags 6 Airbags (Driver, Passenger, 2 Curtain, Driver Side, Front Passenger Side)
Child Seat Anchor Points No
Seat Belt Warning Yes
| |
|
Honda Amaze
|
Hyundai Aura
|
Ford Aspire
|
|
Good Things
|
- First major update comes with refreshed styling
- New features are added as a part of the update
- Maruti’s renowned aftersales and high resale value
|
- Spacious cabin
- Ease of driving (CVT automatic)
- Fuel-efficient engines, updated features
|
- Upmarket compact sedan with radical styling
- Many segment-first features
- Tried and tested powertrains with an option of CNG
|
- Amazing ride and handling.
- Value for money.
- Feature-packed.
|
|
Could be Better
|
- Fit and finish is short of segment-leading
- The AMT automatic gearbox is jerky
- Base variants miss out on many features for its price
|
- Petrol engine could do with more zest
- Interior fit and finish could have been better
|
- The radical design might not be to everyone’s liking
- Top-spec trim is on the expensive side
- CNG powered model gets just one trim
|
- Inconsistent fit and finish.
- Average rear-seat headroom.
- No rear-door pockets.
|
conclusion :
By comparing all the four cars specification and features based on the requirement of Mr. D.S. Pughazhyendhii and his budget
Maruti Suzuki Dzire ZXi AGS is the best car because it has the better mileage compare to other cars and the design of this car is well proportioned and it looks pleasing, Maruti is also known to be the best with low cost of maintenance.