Hi David
Is this tool to be made freely available?
Kind regards
Sonia
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Sonia Wilson
Serials & E-Resources Librarian
Library Content Management
Library
University of Stirling
STIRLING FK9 4LA
Tel: 01786 467234
Fax: 01786 466866
Email: s.r.wilson@stir.ac.uk
From: SERIALST: Serials in Libraries Discussion Forum [mailto:SERIALST@list.uvm.edu] On Behalf Of David Prosser
Sent: 28 July 2011 15:22
To: SERIALST@LIST.UVM.EDU
Subject: [SERIALST] Press Release: RLUK Develops Journal Subscription Analysis Tool
Dear Colleague
Please find below a press release issued today on a journal subscription tool that we have developed for analysing big-deal value-for-money.
Best wishes
David
David C Prosser PhD
Executive Director, RLUK
Tel: +44 (0) 20 7848 2737
Mob: +44 (0) 7825 454586
www.rluk.ac.uk
RLUK Twitter feed: RL_UK
Director's Twitter feed: RLUK_David
Maughan Library and Information Services Centre, King's College London, Chancery Lane, London WC2A 1LR
Registered Company no: 2733294
Registered Charity no: 1026543
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Press release
RLUK Develops Journal Subscription Analysis Tool
London, 28 July 2011
As budgets become tighter and journal subscription prices increase, it is imperative that libraries look to new metrics to assess value for money. This is especially true in the case of ‘big deals’ - large aggregations of journals from publishers sold as a single package. Some of these packages now cost RLUK members over £1million per year and account for an ever increasing proportion of library budgets. Such deals have proved attractive as they allow libraries to expand the range of titles they provide to users for a relatively small additional fee. But to date RLUK members have lacked a simple way to evaluate the cost-effectiveness of these packages.
At a recent Workshop for members, RLUK unveiled a powerful model that allows members to carefully analyse the value-for-money of publisher packages and to determine whether there would be cost savings to be made from moving back to title-by-title purchasing. The model allows each member to combine pricing information with the usage their community makes of the relevant journals. The library can then alter the combination of title-by-title subscriptions and document delivery options and compare the costs of these combinations to the cost of the big deals.
Initial testing of the model by a small group of test-sites shows that the majority of download come from a minority of journals, with some titles being used only sporadically. This offers the possibility that for some combinations of subscriptions and document delivery the total cost will be less than the cost of the big deal. Libraries will now be in a strong position to make informed decisions on the best ways to spend their limited budgets on maximising access to the resources that their researchers and students require.
Concurrently, RLUK is working with its members on ways in which document delivery can be improved and made more efficient.
For more information on RLUK’s activities in this area, please contact: David Prosser, Executive Director, RLUK (david.prosser@rluk.ac.uk)
About RLUK: Research Libraries UK is a consortium of 30 of the largest research organizations in the UK and Ireland, including the three UK national libraries. Founded more than 25 years ago, RLUK has directly and indirectly sponsored some of the major free online UK resources in support of research, including Copac, the de facto UK Union Catalogue. RLUK is dedicated to ensuring the highest standards of research library support.