What is fully loaded cost % in SAP EPM-NOV-SWP - Percipient?

SAP Term: fully loaded cost %

• Component: EPM-NOV-SWP

• Component Name: Percipient

• Description: The percentage of costs related to having a person employed such as benefits, vacation time, and facilities costs office space, heating and cleaning, computers.

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• Key Concepts: 
  Fully loaded cost % is a term used in SAP's Enterprise Performance Management (EPM) Novice Software Package (SWP) Percipient. It is a measure of the total cost of a product or service, including all associated costs such as labor, materials, overhead, and taxes. It is expressed as a percentage of the total cost. 
  
  How to use it: 
  Fully loaded cost % can be used to compare the cost of different products or services and to determine the most cost-effective option. It can also be used to identify areas where costs can be reduced. For example, if a product has a high fully loaded cost %, it may indicate that there are opportunities to reduce costs by streamlining processes or using more efficient materials. 
  
  Tips & Tricks: 
  When calculating fully loaded cost %, it is important to include all associated costs, including labor, materials, overhead, and taxes. This will ensure that the most accurate comparison between products or services is made. Additionally, it is important to consider the long-term costs associated with each option in order to make an informed decision. 
  
  Related Information: 
  Fully loaded cost % is closely related to other measures of cost efficiency such as return on investment (ROI) and total cost of ownership (TCO). These measures can be used in conjunction with fully loaded cost % to gain a more comprehensive understanding of the costs associated with a product or service.