Benchmarking
Benchmarking
- Benchmarking is a common practice among organizations and refers to a practice that allows a company to compare its own products, operations and processes to other companies. A company will typically compare its own performance to a business within its industry that is succeeding. This type of tool shows an organization where it can improve internally to increase overall performance and revenue.
Importance of the Benchmarking
1. Increase effectiveness and efficiency
Performing regular benchmarks contributes to a company's overall effectiveness and efficiency by allowing an organization to identify any potential areas of improvement internally. This is true for both sales and manufacturing businesses as well as service-oriented companies. Components that benchmarking can help an organization improve upon include sales, marketing, support and advertising.
2. Set clear business goals
Understanding why the competition is succeeding will give you important insight that will allow you to create measurable goals by defining success, develop innovative strategies to make an impact and effectively monitor your progress towards each goal over time.
3. Provide new opportunity for discovery
Performing benchmarks allows you to identify the areas to improve upon to get your company on par with the growth and success of other organizations within your industry or niche.
4. Increase business sales performance
5. Motivate employees
Regular benchmarking in business also provides a great opportunity to rejuvenate employees and increase their overall motivation and contribution to the organization.
- Renault triber price=8.15-8.32
Positive points-
1.ULTRA-SPACIOUS ULTRA-MODULAR
2.Triber’s advanced safety features and a Global NCAP certified safety rating of 4-star for adults and 3-star for children.
Negative points
1.noisy engine
2.under power engine
- Tata Nexon price=7.45-9.50
Positives
1. Handsome looks
2. Impressive ride quality
3. Easy-to-drive with good handling
4. Feature-packed
5. Safe car with solid build quality
Negatives
1. Uninspiring bottom-end engine performance
2. Mediocre fuel efficiency
- Eco sports price=8.19-10
Positives
1. Handsome looks
2. Driving dynamics
3. Spacious and well-built cabin
4. Features and Safety
5. Powertrain choice
Negatives
1. Loses character with the spare wheel
2. Needs a major update
- Maruti ertiga price=8.35-9.49
Positives
1.Value for Money
2.Easy Ingress and Egress
3.Comfortable Seats
4.Light and rigid chassis
5.Easy to Drive
Negatives
Mediocre Engines
Tight third-row legroom
Interior Quality
| Renault triber | Tata nexon | maruti Ertiga | Ford ecosports | |
| Fuel Type Propulsion | Petrol | Petrol | Petrol-Electric Hybrid | Petrol |
| Engine Installation | Front | Front | Front | Front |
| Engine Displacement | 999cc | 1198cc | 1462cc | 1496cc |
| Engine Type | 3 Cylinders Inline, 4 Valves/Cylinder, DOHC | 3 cyls, Turbocharged | 4 cyls | 3 Cylinders Inline, 4 Valves/Cylinder, DOHC |
| Motor Type | - | - | Integrated Starter Generator | |
| Max Engine Power | 71 bhp @ 6250 rpm | 110hp at 5000rpm | 105hp at 6000rpm | 110BHP@6300RPM |
| safty rating | 4 | 5 | 3 | 5 |
| seater | 7 | 5 | 7 | 5 |
| Max Engine Torque | 96Nm@3500rpm | 170Nm at 1750-4000rpm | 138Nm at 4400rpm | 140Nm@4400RPM |
| Fuel Tank Capacity | 40 | 45 | 45 | 52 |
| Oficial fuel economy | 18.29 | 19.01 | 15.9 | |
| city fuel economy | 14.42 | 11.75 | 14 | 14.7 |
| highay fuel economy | 18.17 | 15.25 | 18 | 20 |
CONCLUSION:-
As Pughazhyendhii is fond of big cars and also considering a family safty as a priority, tata nexon is a good option from my suggestion.its engine performance is good but we have to compromise with fuel efficiency as it have 3 cylinder engine.