Benchmarking
CASE 1-BENCHMARK STUDY
Benchmark:
It is the process of analyzing systems' performance and working conditions by evaluating the system or component. In the automotive industry, it is used to compare the product, service, and performance of similar kinds of vehicles. It can be operated in different factories/branches or the same factory/branch.
There are two types of benchmarking:-
- The first type benchmark defines the competitors, price, specifications, performance, and other system features.
- The second type benchmark defines the component-wise comparison from the competitor vehicle to reduce the weight of the system, which will improve the performance of the system.
Requirements from the Customer:-
- Seating Capacity: 05 Seater
- Safe car for family
- Price range 8-10 Lakh
- Good mileage
As per the requirement, Five cars specification are mentioned in table, and out of that, one is suggested by considering all the parameters.
Suggestion:
Out of these five cars, Tata Nexon 1.5 is the best as per requirement, because it produces more power at less rpm, good heights & mileage with excellent comfort and safety for 5 Peoples.