ProdctMngmntFINAL

download ProdctMngmntFINAL

of 21

Transcript of ProdctMngmntFINAL

  • 8/7/2019 ProdctMngmntFINAL

    1/21

    A

    GROUP PROJECT REPORT

    ON

    COMPETITOR ANALYSIS OF VARIOUS SUVs

    SUBMITTED TO

    SCHOOL OF MANAGEMENT

    SRM UNIVERSITY

    UNDER THE GUIDANCE OF

    Ms. Priya Krishnan

    (Lecturer)

    SUBMITTED BY

    MRINAL DEO (35107176)

    ABHIJEET SINHA (35107002)

    RAJ SHEKHAR (35107234)

    (BATCH 2007-09)

  • 8/7/2019 ProdctMngmntFINAL

    2/21

    Acknowledgements

    We express our sincere thanks to Ms. Priya Krishnan, our mini project guide to

    have given us the opportunity to work on such a challenging project. We also

    would like to thank all the owners of SUV for their feedback and response,

    without which it would not have been possible to accomplish the project

    successfully. Their timely directions & advice at every stage of the project has

    facilitated in bringing the project in the present form.

  • 8/7/2019 ProdctMngmntFINAL

    3/21

    PREFACE

    Competitor analysis in marketing and strategic management is an assessment

    of the strengths and weaknesses of current and potential competitors. This

    analysis provides both an offensive and defensive strategic context through

    which to identify opportunities and threats. Competitor profiling coalesces all of

    the relevant sources of competitor analysis into one framework in the support of

    efficient and effective strategy formulation, implementation, monitoring and

    adjustment.

    Given that competitor analysis is an essential component of corporate strategy,

    Porter (1980, 1998) argued that most firms do not conduct this type of analysis

    systematically enough. Instead, many enterprises operate on what he callsinformal impressions, conjectures, and intuition gained through the titbits of

    information about competitors every manager continually receives. As a result,

    traditional environmental scanning places many firms at risk of dangerous

    competitive blind spots due to a lack of robust competitor analysis.

  • 8/7/2019 ProdctMngmntFINAL

    4/21

    St ra t e gy - c om pe t i t o r ana l y s i s

    Competitor Analysis is an important part of the strategic planning process. This

    revision note outlines the main role of, and steps in, competitor analysis

    Why bother to analyze competitors?

    Some businesses think it is best to get on with their own plans and ignore the

    competition. Others become obsessed with tracking the actions of competitors

    (often using underhand or illegal methods). Many businesses are happy simply

    to track the competition, copying their moves and reacting to changes.

    Competitor analysis has several important roles in strategic planning:

    To help management understand their competitive advantages/disadvantagesrelative to competitors

    To generate understanding of competitors past, present (and most

    importantly) future strategies

    To provide an informed basis to develop strategies to achieve competitive

    advantage in the future

    To help forecast the returns that may be made from future investments (e.g.how will competitors respond to a new product or pricing strategy?

    Questions to ask?

    What questions should be asked when undertaking competitor analysis? The

    following is a useful list to bear in mind:

    Who are our competitors?

    What threats do they pose?

    What is the profile of our competitors?

    What are the objectives of our competitors?

    What strategies are our competitors pursuing and how successful are these

    strategies?

    What are the strengths and weaknesses of our competitors?

  • 8/7/2019 ProdctMngmntFINAL

    5/21

    How are our competitors likely to respond to any changes to the way we do

    business?

    Sources of information for competitor analysis

    Davidson (1997) describes how the sources of competitor information can be

    neatly grouped into three categories:

    Recorded data: this is easily available in published form either internally or

    externally. Good examples include competitor annual reports and product

    brochures;

    Observable data: this has to be actively sought and often assembled from

    several sources. A good example is competitor pricing;

    Opportunistic data: to get hold of this kind of data requires a lot of planning

    and organization. Much of it is anecdotal, coming from discussions with

    suppliers, customers and, perhaps, previous management of competitors.

    The table below lists possible sources of competitor data using Davidsons

    categorization:

    Recorded Data Observable Data Opportunistic Data

    Annual report &accounts Pricing / price lists Meetings with suppliers

    Press releasesAdvertising

    campaignsTrade shows

    Newspaper articles Promotions Sales force meetings

    Analysts reports Tenders Seminars / conferences

    Regulatory reports Patent applications Recruiting ex-employees

    Government reportsDiscussion with shared

    distributors

    Presentations / speeches Social contacts with competitors

  • 8/7/2019 ProdctMngmntFINAL

    6/21

    Objective of the study:

    The main objective of filed survey during the project was to find out the

    market share of different SUVs.

    To do the competitor analysis among various players of SUVs

    Research methodology:

    Research methodology is considered as the nerve of the project. Without

    a proper well-organized research plan, it is impossible to complete the

    project and reach to any conclusion. The project was based on the survey

    plan. The main objective of survey was to collect appropriate data, which

    work as a base for drawing conclusion and getting result.

    Therefore, research methodology is the way to systematically solve the

    research problem. Research methodology not only talks of the methods but also

    logic behind the methods used in the context of a research study and it explains

    why a particular method has been used in the preference of the other methods

    Research design:

    Research design is important primarily because of the increased complexity in

    the market as well as marketing approaches available to the researchers. In fact,

    it is the key to the evolution of successful marketing strategies and

    programmers. It is an important tool to study buyers behavior, consumption

    pattern, brand loyalty, and focus market changes. A research design specifies

    the methods and procedures for conducting a particular study. According to

    Kerlinger, Research Design is a plan, conceptual structure, and strategy of

    investigation conceived as to obtain answers to research questions and to

    control variance.

  • 8/7/2019 ProdctMngmntFINAL

    7/21

    SUVs taken into consideration:

    1.) Mahindra Scorpio

    2.) Tata Safari

    3.) Ford Endeavour

    Mahindra Scorpio

    Review of Mahindra Scorpio

    Mahindra Scorpio has redefined the expectations of the SUV (sports utility

    vehicles) buyer and has set a new benchmark for the industry to follow. Its

    strong engine complements its good looks and sophisticated interior design. The

    Scorpios chain-driven SZ 2600 Plus DI diesel engine pumps out an adequate

    1i5bhp of power and a massive 26 kgm of torque.

    The wraparound, multi-reflector, clear lens type headlamp, the aggressive grille,

    curvaceous, impact-absorbing side cladding, fire resistant interiors, the stepped

    roof design to allow more headroom for passengers in the rear and the

    minimalist, but user-friendly dashboard have set a benchmark for the others to

    follow. Scorpio is available in 4 variants - Turbo 2.6, Turbo 2.6 DX, Sportz,

    Turbo 2.6 SLX.

  • 8/7/2019 ProdctMngmntFINAL

    8/21

    Style and Build

    The looks of the Scorpio are burly and this is a bruising thing for the

    competition. Thanks to the sheer presence it has, especially when barrelling

    down the road and viewed in a front three-quarter shot, the Scorpio gives the

    impression that it can swat the competition. The high and finely muscled lines

    coupled to those beefy Bridgestones adorning pseudo-alloy look steel wheel

    rims is Bollywood at its most ingenious.

    Interiors and Comfort

    The scorpio can seat 8-9 compartably depending on what type you choose, firstthe legroom at all the three rows is not that great but the fabulous interiors make

    up for it ,although not as polished as some phoren cars it still does a fab job.

    The a/c is one of the best in its class and the dashboard and the instrument panel

    at the front is absolutely best compare it to anything even qualis or tavera .the

    seats are comfortable and they are fire resistant too. only problem with the

    interiors is that if you want to add some extra speakers and woofers god bless

    you but there is very little space left for you to do it so.

    Exteriors

    The scorpio is also one of the best looking cars India has made (indigenously)

    (look at the competition ambassador, mar 800),the scorpio looks best with the

    cladding on aither in a dual shade or in body colored but isn?t quiet pretty in the

    plastic ones, also the advantage it gives you while driving this cars is the it

    scares your fellow riders, rickshawallas, motorcyclist and even car owners. Also

    the scorpio still can turn heads even after two years after launch only the right

    person has to sit at the driver seat .

  • 8/7/2019 ProdctMngmntFINAL

    9/21

    Models

    Scorpio 2.6 turbo

    Basic Scorpio with a/c and power-steering as standard

    Scorpio 2.6 turbo DX

    Scorpio that has a/c ,power steering, plastic cladding, wheel caps as standard

    Scorpio 2.6 turbo GLX

    a/c , power-steering ,body colored cladding,power windows ,central locking,

    rear window defroster, ski rack and wheel caps rear wiper and stereo system

    Scorpio 2.6 turbo SLXAll of the above in GLX plus two toned body color (exterior as well as

    interiors) and a sensor which alerts you on various things.

  • 8/7/2019 ProdctMngmntFINAL

    10/21

    Technical Specification

    Engine SZ

    2600 Turbo DI

    Type 4 Stroke, 94 x94, 4 Cylinder

    Cubic

    Capacity

    2609

    cc

    Max.

    Gross Power

    80kW 109

    bhp at 3800 rpm

    Max.

    Gross Torque

    26

    kgm at 1800 rpm

    Gear

    box

    Model 5

    Speed Manual

    Tyres P

    235/75 R15

    Suspension

    Front 2

    WD

    Independent,

    Coil Spring, Anti Roll Bar

    4

    WD

    Independent,

    Torsion Bar

    Rear Leaf

    Spring

    Brakes

    Type Tandem

    Master Cylinder, Vacuum Assisted

    Servo, with LSPV and BV

    Front Ventilated

    Disc and Calliper Type

  • 8/7/2019 ProdctMngmntFINAL

    11/21

    Rear Drum

    Type

    FuelTank Capacity 55ltrs

    Turning

    Circle Radius

    5.6

    m for 2 WD

    Ground

    Clearance

    180

    mm (in laden condition)

    Max.

    GVW

    2510

    kg for 2 WD; 2610 kg for 4 WD

    FEATURES TURBO

    2.6 GLX

    TURBO

    2.6 DX

    TURBO

    2.6

    Armrests in

    Front SeatsYes x x

    Armrest in

    Middle SeatYes Yes x

    Moulded

    InteriorsYes Yes Yes

    Power

    SteeringYes Yes Yes

    HVAC Yes Yes Yes

    AC vents inthe Rear

    Yes Yes Yes

    Power

    WindowsYes Yes x

    Central

    LockingYes Yes x

    Kenwood

    Stereo (4

    Spkr)

    Yes x x

  • 8/7/2019 ProdctMngmntFINAL

    12/21

    Cladding Painted Yes x

    Rear Wash &

    WipeYes Yes x

    Ski Rack &Rear

    Demister

    Yes x x

    Seating

    Option7/8 7/8/9 7/8/9

    Paint Metallic Metallic Metallic

    Electric 4 WD x Optional x

    2.) TATA SAFARI

  • 8/7/2019 ProdctMngmntFINAL

    13/21

    Overview

    Tata Motors Ltd. has launched a new range of premium SUV, the 2.2 VTT

    engine range joins the Tata Safari DICOR line-up, with all-new looks and an

    indigenous VTT engine. Recently upgraded with a new robust engine, more

    power, better interiors and a face-lift, the DICOR is tough, utilitarian, and

    practical - the VTT is no less.

    Safari works as a practical alternative to those who cannot afford the expensive

    SUVs. It is smart with contemporary looks and styling. It is a tad heavy for the

    output of the engines. There were no major improvements until Safari faced

    severe competition from the new-age SUVs.

    With a lot of interior and exterior refinements, the Safari is available in one

    petrol variant: EXi with two drive configurations 4x4 and 4x2. It is also

    available in three DICOR variants: VX, EX, and LX, where VX and EX areavailable in 4x4 and 4x2 drive configurations and LX is available in a single

    4x2 drive configuration. The Safari is also available in a single turbo diesel

    variant: 4x2 LX. Rugged and built to last, the new 4x4 is perfectly at home in

    city conditions, cruising on an open road or negotiating difficult terrain.

    \Powertrain & Performance

    A 2.2-litre DICOR engine that produces 138 bhp and a torque of 320 Nm, the

    highest torque in its class, powers the Safari DICOR variants. The engine

    delivers decent pickup, making 0 to 100 kmph in less than 22 seconds. The

    SUV features a wishbone suspension in the front and coil springs in the rear.

    The 2-litre turbocharged and intercooled (LX 4x2) diesel engine produces 89

    bhp and the 2-litre Inline-4 petrol generates a massive 125 bhp. A 5-speed

    manual transmission is standard across all variants.

  • 8/7/2019 ProdctMngmntFINAL

    14/21

    Topping the scales at two tons, the DICOR is an excellent highway cruiser and

    can do a constant 80-120 km on overdrive without much gear shifts, but a lot of

    gear shifting is required in city driving. Ride quality and handling of this

    mammoth vehicle is good. Its braking, though impressive, screeches at high

    speeds.

    Standard safety features on the LX include side impact bars, crumple zones, tilt

    and collapsible steering column, anti-submarine seats, central locking, child

    safety locks, and headlamp leveling. The EX adds fog lamps and a rear

    windscreen de-mister. The VX receives dual airbags, an anti-lock braking

    system (ABS), and a rearview camera with LCD.

    Build & Styling

    The Safari DICOR makes a great impression with its bold, rugged looks and

    styling. The SUV's front fascia displays a broad muscular stance with large

    bumpers and chunky 16-inch wheels while a rear spoiler and roof rails add a

    sporty touch.

    Standard exterior features include alloy wheel rims, clear lens head and taillamps, roof rails, rear spoiler with lamp, stylised front grille, bumper, side

    cladding, body-coloured outside rear view mirrors and body-coloured spare

    wheel cover.

    The Safari cabin is airy and spacious, and interior comfort levels are high. The

    SUV rides high, giving the driver and passengers good visibility all around.

    Seats are comfortable and offer adequate knee and lumbar support. There is

    plenty of cargo and stowage space as well. But the fit and finish still invites

    refinement. The top-of-the-line variant DICOR VX adds a DVD player, twin

    screens, leather seats, a rear-view camera, ABS, and airbags.

    Standard interior features include keyless entry, power steering, leather

    upholstery, leather-wrapped steering wheel, electronic instrument cluster, audio

    system, height-adjustable driver's seat, electrically adjustable side-view mirrors

    and rear wiper, 60:40 split folding rear seats, spot reading lamps, cargo lamp

    and remote fuel flap.

  • 8/7/2019 ProdctMngmntFINAL

    15/21

    3.) FORD ENDEAVOUR

  • 8/7/2019 ProdctMngmntFINAL

    16/21

    OVERVIEW

    The Ford Endeavour was introduced in India in 2003. It is sold as the FordEverest (a midsize SUV) in Asia and was built on the lines of the local Mazda-

    based Ford Ranger pickup truck platform. With this offering, Ford brought to

    the Indian consumer a premium, world class and versatile 7-seater. The new

    Ford Endeavour is available in two versions: the 2.5L XLT 4x2 and the 3.0L

    Thunder+ 4x4.

    Besides its commanding road presence and imposing built, the Endeavour offers

    a genuine SUV experience and proclaims its SUV-truck roots with pride. It is a

    hugely functional SUV with serious off-road capability, especially in the all-

    wheel drive (AWD) version. For city driving, however, the 2-wheel drivevariant would be a better choice.

    This new Ford is equipped with a comprehensive list of safety features that

    meet the highest standards of excellence and are in keeping with the Indian

    regulations. It has been designed to withstand the impact of an accident with a

    rigid body shell, reinforced cabin and crumple zones in the front and rear. With

    these features and a potent engine, it competes with Hyundai Tucson and Honda

    CRV.

    POWERTRAIN & PERFORMANCE:

    Endeavour comes in two variants - 4x2 XLT and the 4x4 Thunder+. The base is

    equipped with a 2.5L In-line 4 turbocharged diesel engine that generates a

    power of 141 bhp and renders 330 Nm worth of torque, whereas the Thunder+

    is powered by a 3.5L TDCi In-line 4 diesel engine that churns out 154 bhp.

    The XLT is available in a Two-wheel drive configuration (4x2) whereas the

    Thunder+ comes with All-wheel drive. 4x2 is perfect for city/highway driving,

    whereas the 4x4 is geared up for rugged and all-terrain driving. A 5-speed

    manual transmission comes standard on the model.

    Despite its imposing size, the engine serves up power efficiently. It handles

    reasonably well, takes a corner like a veteran and delivers a satisfactory ride in

    the city. Transmission is smooth and seamless, with smooth upshifts and

    downshifts.

  • 8/7/2019 ProdctMngmntFINAL

    17/21

    BUILD & STYLING:

    There is no denying the Ford legacy in the Endeavour's overall architecture. The

    front end is distinctive with its high bonnet and behemoth size. The rather

    aggressive fascia out-front is decked up with a large, bold and sporty looking

    grille as well as multi-reflector headlamps. Aiding and abetting the new

    Endeavour, in its hardy off-road worthiness, are the mud flaps and wheel

    moldings along with fashionable roof rails. Silver side-steps run along the

    length of the vehicle and accentuate its brute quality. The Thunder+ variant

    offers a classier exterior compared to the XLT. It has larger mirrors that

    incorporate turn indicators and puddle lamps, a spare wheel cover, body

    cladding and many more attractive features.

    The variants offers wide tyres (265/70 R16) that facilitate the most favourable

    combination of traction and stability on slippery ground.

    It is also fitted with a highly toughened and modern bull bar, two-tone body

    cladding that gives it an even sportier look, alloy wheels, a fifth door mirror that

    comes in handy while parking or reversing, and a hard top cover for the extra

    tyre that can be locked to prevent its theft. Decals on the body of the vehicle

    enhance its looks.

    The interior of the Ford Endeavour is roomy and elegant with world-class levels

    of comfort. Both the variants are endowed with luxurious leather upholstery and

    AC vents for all the three rows to make long and bumpy drives cushy. It comes

    with well-appointed amenities harboring little details, that both surprise and

    delight. For entertainment on-the-go, the vehicle has been endowed with an

    iPOD-compatible audio system. The Thunder+ is enhanced by Camel tone full

    leather interiors, six CD changer and MP3 player with six speakers. The

    entertainment is also loaded with an interior roof-mounted DVD player and dual

    air conditioning with controls mounted on the ceiling.

    A standard cutting-edge theft protection feature, passive anti-theft system

    (PATS), prevents the engine from being started with an incorrectly coded key

    by automatically shutting off fuel to the fuel injection system after two seconds.

    A high visibility "command" driving position makes for better visibility while

    driving. Also included in the new Ford Endeavour are amenities such as a 4-

    wheel ABS with EBD and dual airbags, child-proof rear door locks, fuel tank

    shields, seat belts for all seven occupants, front passenger airbags, and more.

  • 8/7/2019 ProdctMngmntFINAL

    18/21

  • 8/7/2019 ProdctMngmntFINAL

    19/21

    FeaturesFord Endeavour 4x4

    Thunder+Mahindra Scorpio 2.6 DX

    Tata New Safari DICOR

    2.2

    EX 4x2

    More Details More Details More Details

    New Car On-Road Price New Car On-Road Price New Car On-Road Price

    Power Door Locks

    Traction Control

    Rear Wash Wiper

    Alloy WheelsCentral Locking -

    Child Safety Locks

    Front Fog Lights

    Leather Seats

    Power Seats

    AM/FM Radio

    Cassette Player

    CD Player

    Mileage (Highway) N/A 12.7 km/liter 15.5 km/liter

    Mileage (City) N/A 9.8 km/liter 10.45 km/liter

    Mileage (Overall) N/A 10.4 km/liter 13.2 km/literFuel Tank Capacity 71 Liters 60 Liters 65 Liters

    Maximum Speed 0 Km/Hour 152 Km/Hour 156.1 Km/Hour

    0-100kmph - 19.2 seconds 15.65 seconds

    1/4 Mile - 20.2 seconds -

    Engine Type

    3.0 Litre TDCi with

    Variable Geometry

    Turbocharger (VGT)

    In-Line Engine In-Line Engine

    Displacement 2953 cc 2609 cc 2179 cc

    Power 156 PS @ 3200 rpm 116.6 @ 3,800 (PS@rpm) 140 @ 4,000 (PS@rpm)

    Torque 380 Nm @ 2500 rpm 28.3 @ 1,700-2,200 ( 32.6 @ 1,700-2,700 (

    Valve Mechanism DOHC Pushrod, OHV DOHCBore - 94 -

    Stroke - 94 -

    Cylinder

    Configurationin-line Inline -

    Valves per Cylender 4 2 4

    Clutch Type -Hydraulically operated,

    Single plate, dry type-

    Front Suspension

    Independent double

    wishbone with torsion bar

    spring & stabilizer bar

    Independent, coil Spring,

    anti-roll bar

    Independent Double

    Wishbone with Torsion bar

    Rear Suspension

    Progressive linear rate

    leaf springs with low

    friction pads

    Multi-link, coil spring5 link Suspension with

    coil springs

    Steering Type

    Ball & Nut Type with

    Variable power assist and

    tilt

    Power Power

    Power Assisted Variable ratio -

    Minimum Turning

    Radius6.2 5.6 m -

    Front Brakes Ventilated Disc Disc Ventilated Disc

    Rear Brakes Self Adjusting Drum Drum DrumWheel Type Alloy Steel -

    Wheel Size 16 6.5Jx16 16 x 6.5 J

    Tyres 245/70 R16 (Tubeless) 235/70 R16 235/70 R16, 105 S

    Overall Length 4998 mm 4495 mm 4650 mm

    Overall Width 1789 mm 1817 mm 1918 mm

    Overall Height 1836 mm 1975 mm 1925 mm

    Wheel Base 2860 mm 2680 mm 2650 mm

    http://www.gaadi.com/car-1380-Ford-Endeavourhttp://www.gaadi.com/car-1380-Ford-Endeavourhttp://www.gaadi.com/car-215-Mahindra-Scorpiohttp://www.gaadi.com/car-56-Tata-New%20Safarihttp://www.gaadi.com/car-value-new-1380http://www.gaadi.com/car-value-new-215http://www.gaadi.com/car-value-new-56http://www.gaadi.com/car-215-Mahindra-Scorpiohttp://www.gaadi.com/car-56-Tata-New%20Safarihttp://www.gaadi.com/car-value-new-1380http://www.gaadi.com/car-value-new-215http://www.gaadi.com/car-value-new-56http://www.gaadi.com/car-1380-Ford-Endeavour
  • 8/7/2019 ProdctMngmntFINAL

    20/21

    COMPETITOR ANALYSIS FRAMEWORK

    Michael Porter presented a framework for analyzing competitors. This

    framework is based on the following four key aspects of a competitor:

    Competitors objectives: In the present case of sports utility vehicles, the

    objectives of Mahindra, TATA and FORD.

    Objective of Mahindra: TThe Mahindra Groups Automotive Sector is in thebusiness of manufacturing and marketing utility vehicles and light commercial

  • 8/7/2019 ProdctMngmntFINAL

    21/21

    vehicles, including three-wheelers. It is the market leader in utility vehicles in India

    since inception, and currently accounts for about half of Indias market for utility

    vehicles. Its objective is to manufacture world class SUVs to meet the customer

    expectations.

    Objective of TATA Safari: To manufacture strong and stud sports utility vehicles fortough terrains and to provide customer satisfaction through its long term relations.

    Objective of FORD: Company's genesis dates back to 1982, when the set an

    objective to provide quality products in the area of engineered polymer composites.

    REFERENCES

    4Ps ( Published by IIPM, New Delhi, Dec. 07 edition)

    Marketing Management, Kotler

    Marketing Management, Saxena

    www.indianjournalofmarketing.com

    en.wikipedia.org

    www.google.co.in