"The Railways' operating ratio (OR), which represents the ratio of working expenses to traffic earnings, was 107.39 per cent in 2021-22 against 97.45 per cent in 2020-21. A higher ratio indicates lower ability to generate surplus.
How do you benchmark training?
Internal benchmarking compares performance, processes and practises against other parts of the business (e.g. Different teams, business units, groups or even individuals). For example, benchmarks could be used to compare processes in one retail store with those in another store in the same chain..
How is benchmarking done?
Using comparable evaluation methods, look for the best results achieved from the training programmes you have identified. Establish the differences. Identify which of the best practice processes could be adopted by future programmes. Develop plans and targets for future performance..
How is operating ratio calculated in Indian Railways?
Formulae = GWE-Gross Working Expenses /Gross Earnings x100..
What is benchmarking in Indian Railways?
Benchmarking is the process of comparing performance of one entity (the subject railway) to the performance of other entities (the benchmark companies) to iden- tify best practices and opportunities for improvement..
What is benchmarking in operations?
Operational benchmarking involves identifying the best practices in the industry and then comparing them with the current practices in the company and making recommendations for change. This is a two step process..
What is benchmarking in railway?
Benchmarking is based on dynamic and comparative analysis and thus is a very useful tool to manage efficient deployment of staff and monitor effects of improvement in working practices, use of new technologies and level of out sourcing..
What is operating ratio in railways?
"The Railways' operating ratio (OR), which represents the ratio of working expenses to traffic earnings, was 107.39 per cent in 2021-22 against 97.45 per cent in 2020-21. A higher ratio indicates lower ability to generate surplus..
What is the benchmark for MACP in railway?
Thereafter for upgradation under the MACPS the benchmark of 'good' would be applicable till the grade pay of Rs. 6600/- in PB-3. The benchmark will be 'Very Good' for financial upgradation to the grade pay of Rs. 7600 and above.".
What is the very good benchmark for MACP railway?
Thereafter for upgradation under the MACPS the benchmark of 'good' would be applicable till the grade pay of Rs. 6600/- in PB-3. The benchmark will be 'Very Good' for financial upgradation to the grade pay of Rs. 7600 and above.".
Which country has the best railways?
Japan has world fastest train. L0 Series Maglev: 374 mph. This Japanese train, which is currently being developed and tested by the Central Japan Railway Company (JR Central), holds the land speed record for rail vehicles, clocking in at 374 mph..
Which country is No 1 in railways?
The United States possesses the largest railway network in the world, in terms of total operating length. China and India trail behind as the second and third largest railway networks respectively. Detailed profiles of the top five railway networks worldwide, taking into consideration their extensive coverage..
Who are the stakeholders in the railway industry?
The company has many stakeholders - passengers, train operators, local and national government, ORR, local communities and those who live, or work near, and are affected by Network Rail assets. Good stakeholder engagement isn't about making everybody happy..
Who manages the railway?
The Federal Railroad Administration creates and enforces rail safety regulations, administers rail funding, and researches rail improvement strategies and technologies..
Benchmarking is the process of comparing performance of one entity (the subject railway) to the performance of other entities (the benchmark companies) to iden- tify best practices and opportunities for improvement.
clear standing length means distance between foot of the signal to the fouling mark in the rear of the same line in case of main line and directional loop lines at station yards.
It probably comes as no surprise that in a global 2019 survey of railroad efficiency, the top two places went to Japan and Hong Kong, with scores of 6.8 and 6.5 (out of seven) respectively.
Benchmarking against both railways and companies outside the railway industry can be useful. Railway comparisons are more useful for operational issues.
Benchmarking is most usefully carried out using high performing railways with fairly similar characteristics and operating conditions. This controls for factors that management or government cannot influence and focuses analyses on factors that can be changed.
Benchmarking is the process of comparing performance of one entity (the subject railway) to the performance of other entities (the benchmark companies) to iden- tify best practices and opportunities for improvement.
In the railway industry, bench- marking may compare financial measures such as operating ratio and revenue per ton-km, or productivity measures such as traffic units per employee, and traffic units per track-km. railway's staff have lower productivity, which is partially offset by lower wages (Figure 1).
This benchmarking and evaluation method is based on collecting data at selected observation points on train and service ID, position, and time from either
What is the most decisive KPI in the railway business?
In the railway business, words are words, explanations are explanations, promises are promises, but only perforamnce is reality! Therefore the most decisive KPI:
Markt Share! RFC2 .. RU involvement? .
What makes a good quality evaluation of a railway system?
Any evaluation should consider inputs, consumption and outputs of a railway system. High quality input data and a true model are prerequisites for a good quality evaluation. The present paper is focussed on the quantitative measurement of outputs based on a quality of service-based framework, which broadly has four applications:.
Why is benchmarking important for rail transport?
The research dealing with benchmarking on the rail transport [6, 7] indicates that the basic reason to conduct it is a search for ways to increase competitiveness by introducing practices adopted by the leader in the field.
Benchmarking railways
Railway industrial action in the UK between 2016 and 2019
Between 2016 and 2019, major industrial action in the form of periodic strikes and protests took place on the national railway network of the island of Great Britain in the United Kingdom. The dispute centred on the planned introduction of driver-only operation (DOO) by several train operating companies, transferring the operation of passenger train doors from the guard to the driver. Later strikes also included disputes over pay rates, planned redundancies and working hours. NI Railways operating Northern Ireland's rail network did not strike. Some of the disputes continued into early 2020, and were resolved by negotiations during the pandemic without further action.
Railway electrification is the use of electric power for the propulsion
Conversion of railways to use electricity for propulsion
Railway electrification is the use of electric power for the propulsion of rail transport. Electric railways use either electric locomotives, electric multiple units or both. Electricity is typically generated in large and relatively efficient generating stations, transmitted to the railway network and distributed to the trains. Some electric railways have their own dedicated generating stations and transmission lines, but most purchase power from an electric utility. The railway usually provides its own distribution lines, switches, and transformers.
Between 2016 and 2019
Railway industrial action in the UK between 2016 and 2019
Between 2016 and 2019, major industrial action in the form of periodic strikes and protests took place on the national railway network of the island of Great Britain in the United Kingdom. The dispute centred on the planned introduction of driver-only operation (DOO) by several train operating companies, transferring the operation of passenger train doors from the guard to the driver. Later strikes also included disputes over pay rates, planned redundancies and working hours. NI Railways operating Northern Ireland's rail network did not strike. Some of the disputes continued into early 2020, and were resolved by negotiations during the pandemic without further action.
Railway electrification is the use of electric power for the
Conversion of railways to use electricity for propulsion
Railway electrification is the use of electric power for the propulsion of rail transport. Electric railways use either electric locomotives, electric multiple units or both. Electricity is typically generated in large and relatively efficient generating stations, transmitted to the railway network and distributed to the trains. Some electric railways have their own dedicated generating stations and transmission lines, but most purchase power from an electric utility. The railway usually provides its own distribution lines, switches, and transformers.
