What is Rapid Renewal exactly? I use online renewal for our print and
online journals that we order through Ebsco. Is that the same thing?

Barbara Pope
Pittsburg State University
Pittsburg KS 66762
bpope@pittstate.edu

Rais, Shirley (LLU) wrote:
>
> Last year I used Rapid Renewal for my consortial package renewals for
> Sage & Springer. For this year I wanted to expand it and was told that
> Elsevier and Wiley-Blackwell agreed to participate but only for a
> limited number of customers ( I guess they want to try it out). I’ve
> never received a flat out, “No, we won’t participate.” I’m told
> everyone I deal with on my e-packages that I want to use Rapid
> Renewal: my Elsevier & Wiley-Blackwell reps, the consortia through
> which I order most of our packages, and my e-package renewal
> specialist at EBSCO. I thought that if Elsevier & W-B were looking for
> participants, I wanted to make sure my name got out there!
>
> Shirley Rais, MLS —/ Chair, Serials & Electronic Resources Dept./
>
> Library Liaison to the School of Public Health
> LOMA LINDA UNIVERSITY | University Libraries
>
> 11072 Anderson Street, Loma Linda, California 92350
> /office/ (909) 558-4583 *·* /fax (/909) 558-4919 *·* srais@llu.edu
> <mailto:aswarm@llu.edu>
>
> *From:* SERIALST: Serials in Libraries Discussion Forum
> [mailto:SERIALST@LIST.UVM.EDU] *On Behalf Of *Lila Ohler
> *Sent:* Monday, October 05, 2009 1:42 PM
> *To:* SERIALST@LIST.UVM.EDU
> *Subject:* [SERIALST] Use of Ebsco's Rapid Renewal for Elsevier titles?
>
> Is anyone else experiencing problems convincing Elsevier to
> participate in Ebsco’s new Rapid Renewal Tool for managing and
> renewing subscription titles that are part of Big Deal contracts, or
> acquired through consortia sponsored Big Deals?
>
> We are very disspointed today to hear from the publisher that they
> will not paricipate in the program, or perhaps that applies only to
> us, we’re not sure.
>
> Libraries use serial vendors for a multitude of reasons. But perhaps
> the most important one in this unstable financial environment is to
> facilitate the rapid renewal and payment of journal title
> subscriptions as early in the fiscal year as possible. This is
> especially vital for large state funded libraries who participate in
> multiple journal publisher Big Deals which require title
> reconciliation before renewals can even be processed. The reality of
> our financial environment is that most libraries are experiencing
> multiple budget cuts within the same fiscal year, and the truth is
> that we are likely to experience this same trend for the next few
> years. This means that many libraries will have to face difficult
> decisions about any journals not yet renewed or paid further into each
> fiscal year.
>
> Perhaps Elsevier is unaware of this trend? Could it be they do not
> realize the potential consequence of insisting on a renewal process
> that takes longer and leaves their journal titles still unpaid more
> than halfway through the library’s fiscal year? I guess I can’t help
> but wonder, how is that a good business decision?
>
> If there is anyone out there with similar observations and questions,
> I would love to hear from you! Or if I’m missing something and you can
> convince me of the wisdom of Elsevier’s decision, please feel free to try!
>
> Thanks,
>
> Lila (Angie) Ohler
>
> Head of Acquisitions, McKeldin Library
>
> University System of Maryland and Affiliated Institutions
>
> College Park, MD 20742
>
> 301 405-9308 (phone)
>
> 301 314-1200 (fax)
>
> lohler@umd.edu <mailto:lohler@umd.edu>
>