University of Otago has developed an assessment tool for subscription based eresources that you may find helpful
https://ourarchive.otago.ac.nz/handle/10523/8141
We consider 2 factors – ROI and AVA.
ROI = Return on investment.
Cost per use
Cost per use trend
Price difference from previous renewal
Content overlap
Access/performance issues
Each of these factors are weighted and if the result is above our predetermined threshold then we renew.
If the result is under our predetermined threshold we seek -
AVA = Academic Value Assessment
We seek input from those academics who are likely users to determine the risk if the item is cancelled. They are provided with the ROI data so that their feedback is informed by cost
and use issues. The academics are requested to provide specific comment on the value for teaching and/or research not just a generic statement. We find they appreciate the ROI data and provide very focused feedback.
If other institutions use this model they would need to assign their own weightings and value to the criteria to determine a threshold which is acceptable. The best way to do this
is to test the model on previous decisions which were successful.
Marilyn Fordyce
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From: Serials in Libraries Discussion Forum <SERIALST@LISTSERV.NASIG.ORG>
On Behalf Of Christina Torbert
Sent: Friday, 7 June 2019 8:17 AM
To: SERIALST@LISTSERV.NASIG.ORG
Subject: Re: [SERIALST] Annual Journal Renewal
I would echo Scott’s advice. Every library has a different approach.
My department compiles cost and usage reports for all subject areas, from as many publishers as possible, and that report gets reviewed by subject specialists. If there
is a perpetual, IP authenticated, online version available, that format change gets made automatically. Otherwise, the subject specialists have primarily (practically final) authority to cancel and add. Adds must be cost neutral, though.
Cres Dept enters changes into the agent’s renewal system at the end of the process. We rely on accurate information at the agent for many of our renewal decisions.
Let us know if you have more questions.
Christina Torbert
Head of Continuing Resources and Acquisitions
Bibliographer for Philosophy and Religion
Associate Professor
J.D. Williams Library
University of Mississippi
P.O. Box 1848
University, MS 38677-1848
U.S.A.
O: +1-662-915-7059 | F: +1-662-915-6744
From: Serials in Libraries Discussion Forum <SERIALST@LISTSERV.NASIG.ORG>
On Behalf Of Pope, Scott
Sent: Thursday, June 6, 2019 12:14 PM
To: SERIALST@LISTSERV.NASIG.ORG
Subject: Re: [SERIALST] Annual Journal Renewal
Kathryn,
This is somewhat of a complicated question. I would refer you to conference presentations and journal articles about these topics.
We decide we gets renewed or cancelled by groups of subject librarians reviewing usage, cost per use, core title applicability, and availability of pay-per-view.
Yes, we review usage reports, both for electronic and print. Please explore “unique” in COUNTER 5.
Subject librarians are primarily responsible; however, they do consult with faculty.
The final decision is made by acquisitions subject to a final, final decision by administration.
Scott Pope
Continuing Resources Librarian
Texas State University
From: Serials in Libraries Discussion Forum <SERIALST@LISTSERV.NASIG.ORG>
On Behalf Of Kathryn Dalius
Sent: Thursday, June 6, 2019 10:38 AM
To: SERIALST@LISTSERV.NASIG.ORG
Subject: [SERIALST] Annual Journal Renewal
How does your library manage/process its annual journal renewal?
How do you decide what gets renewed or cancelled? Format changes?
Do you review usage reports from all the various publishers?
Are faculty and/or subject librarians involved in the process?
Who makes the final decision?
Kathryn A Dalius
Serials Specialist
Library & Information Technology
Bertrand Library Serials Dept.
One Dent Drive
Bucknell University
Lewisburg, PA 17837
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