MIF

10:12 Sep 27, 2019
English to German translations [PRO]
Marketing - Education / Pedagogy / Verkaufstraining
English term or phrase: MIF
Hallo,

Es geht immer noch um die Schulungsunterlagen für Vertriebsmitarbeiter.
Es geht hier um eine Kennzahl im Verkauf, die mir leider nichts sagt.

Know your numbers (what you are expected to know):

Total number of active opportunities needed in your pipeline to create your target number of *MIF* per month.

Target number of opportunities required at each stage of the sales cycle and the expected conversion ratio to the next stage.

Average order value/number of *MIF* per sale.

Average sales cycle/sale velocity (time from entering the sales

pipeline to closing).

Target number of sales required per month.

2. Sales forecasting

No sales person can perfectly predict how many sales* MIF* or revenue they will make in any month, quarter or fiscal year just
like no meteorologist can perfectly predict the weather.

Danke.

Annett
Annett Roessner
Australia
Local time: 18:50


Summary of answers provided
5Minimum income floor
Angelina Bertrand
3Machines in Field
Bernd Albrecht
Summary of reference entries provided
MIF
D. I. Verrelli
Machines in Field (MIF)
Bernd Albrecht

Discussion entries: 6





  

Answers


7 hrs   confidence: Answerer confidence 5/5
mif
Minimum income floor


Explanation:
Das hört sich so an, als ob es sich um einen Vertrieb wie Network Marketing handeln würde. Ich nehme stark an, dass die Mitarbeiter oder die Vertriebspersonen hier über ihr anzunehmendes Gehalt oder Prämie beraten werden sollen. Wie viel müssen sie verkaufen, um eine Mindestprämie zu erhalten, um von diesem Job leben zu können.

Example sentence(s):
  • When you are self-employed and you claim Universal Credit, you are treated as if you are earning a certain amount. This amount is called the 'minimum income floor'.

    https://www.turn2us.org.uk/Benefit-guides/Universal-Credit-income-and-capital/Self-employed-earnings
Angelina Bertrand
Lebanon
Specializes in field
Native speaker of: Native in GermanGerman, Native in CroatianCroatian

Peer comments on this answer (and responses from the answerer)
neutral  D. I. Verrelli: That seems to be exclusively a British term. The MIF is how much the UK gov't expects you to earn each month. Is that something that an individual or business would/could seek to target (as in source text)?
11 hrs

neutral  Steffen Walter: Unlikely in this sales context.
13 hrs
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12 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
Machines in Field


Explanation:
Hier in diesem Kontext, vgl. Disk.

Glossareintrag möglich.


Bernd Albrecht
Switzerland
Native speaker of: Native in GermanGerman
PRO pts in category: 20
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Reference comments


4 hrs
Reference: MIF

Reference information:
MIF mentioned in two position descriptions.

"Job Title : Manager – Import – Outside Sales – Commercial."
"Key Responsibilities [...] • Increase Scope & Accuracy of the EXIM MIF for Mumbai. [...]"
"Key Performance Standards [...] • MIF: Set monthly target for the team to identify new customers and monitor the same every month. [...]"
https://www.cma-cgm.com/static/IN/Attachments/JD - Manager –...

"EXIM" therein probably means simply "export–import".
[ "The Export–Import Bank of the United States (EXIM) is a government agency that provides a variety of loan, guarantee, and insurance products intended to aid the export of American goods and services." https://en.wikipedia.org/wiki/Export–Import_Bank_of_the_Unit... ]

"Job Title: Assistant Sales Manager -Imports"
"Key Responsibilities / Objectives [...] 4. Sales customers visits: [...]
• MIF:
⧐ Identification of new customers and target Tier 2 clients who need more
visits for multi- trades.Review the MIF with Sales Manager to develop
budgeted FOB customer portfolio by replacing non performing
customers."
https://www.cma-cgm.com/static/IN/attachments/JD - Assistant...

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Note added at 4 hrs (2019-09-27 15:11:02 GMT)
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"Ricoh dealers are lining up for the opportunity to acquire Ricoh’s SMB MIF in their respective territories."
"[...] Small and Mid-size Business (SMB) [...]."
https://industryanalysts.com/whats-happenin-ricoh-rumors/

"MIF expansion"
https://www.gapintelligence.com/blog/the-print-consolidation...

--------------------------------------------------
Note added at 5 hrs (2019-09-27 15:23:47 GMT)
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"FY19, FY21 oriented priority measures [...] Increase non hardware earnings from installed MIF and reduce costs by manufacturing ink in house"
"Status of progress in FY18 1Q [...] Reduction in service costs • With growing sales and MIF of MPP color products, prospects are good for catching up to rise in material costs on annual basis"
https://www.konicaminolta.com/shared/changeable/investors/in...

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Note added at 5 hrs (2019-09-27 15:26:11 GMT)
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"The aim of the course is to gain confidence using SAP and to know how to run reports to check departmental expenditure against budget or cash (e.g. MIF) account balances."
https://www2.le.ac.uk/news/staff-development/2019/oct/sap-fi...

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Note added at 5 hrs (2019-09-27 15:34:17 GMT)
--------------------------------------------------

For Ricoh and Konica-Minolta, MIF would be "Machines in Field" (used in the photocopier industry, mentioned by Steffen Walter). https://www.acronymfinder.com/Machines-in-Field-(copier-indu...

D. I. Verrelli
Australia
Native speaker of: Native in EnglishEnglish
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2 days 2 hrs
Reference: Machines in Field (MIF)

Reference information:
Wie bereits von von D. I. Verrelli, Steffen u. a. Kolleginnen und Kollegen vermutet - hier nur noch zwei weitere Links zur Erläuterung.

Understanding what is a segment 1 printer versus a segment 6 MFP is very important to any of our Machines in Field (MIF) reports.

https://support.ceojuice.com/hc/en-us/articles/206436786

Now you can review your entire company's MIF permformance!

https://support.ceojuice.com/hc/en-us/articles/204963834-ID9...


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Note added at 2 Tage 3 Stunden (2019-09-29 13:31:32 GMT)
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Men in Field -

Manpower im Außendienst, falls es nicht um Geräte, sondern Mitarbeiter(anzahl) geht.

Bernd Albrecht
Switzerland
Native speaker of: Native in GermanGerman
PRO pts in category: 20
Note to reference poster
Asker: Hi Bernd, deine Antwort ist richtig. Ich kann irgendwie keine Punkte dafür geben.

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