Choice and Diversity in Acquisition Models Idan Hadari | Alma Product Management How Does a Library Provide the Right Resources to its Patrons? Core Models Library Collection Patron Driven Collaboration Analytics © 2015 Ex Libris | Confidential & Proprietary 2 Core Acquisition Models © 2015 Ex Libris | Confidential & Proprietary 3 Additional Acquisition Models Gifts © 2015 Ex Libris | Confidential & Proprietary Exchange 4 Core Acquisition Models Methods • Manual • Embedded Order Data • EDI Based on • Batch processes • FTP delivery © 2015 Ex Libris | Confidential & Proprietary 5 Acquisition Methods – Real-Time Acquisition Real-Time Acquisition • Streamlined process • Immediate • Saves staff time PO Line Partner Selection Platform © 2015 Ex Libris | Confidential & Proprietary Alma Order Details 6 Acquisition Methods – YBP Real-Time Acquisition EBook “Trade in Health” Publication options list supplies options and pricing for the title © 2015 Ex Libris | Confidential & Proprietary 7 Acquisition Methods – YBP Real-Time Acquisition © 2015 Ex Libris | Confidential & Proprietary 8 Acquisition Methods – YBP Real-Time Acquisition © 2015 Ex Libris | Confidential & Proprietary 9 Acquisition Methods – YBP Real-Time Acquisition © 2015 Ex Libris | Confidential & Proprietary 10 Acquisition Methods – Harrassowitz Ongoing Integration © 2015 Ex Libris | Confidential & Proprietary 11 Acquisition Methods – Harrassowitz Ongoing Integration © 2015 Ex Libris | Confidential & Proprietary 12 Acquisition Methods – Integration with Amazon Library © 2015 Ex Libris | Confidential & Proprietary Acquisition Methods – Integration with Amazon © 2015 Ex Libris | Confidential & Proprietary Acquisition Methods – Integration with Amazon © 2015 Ex Libris | Confidential & Proprietary Acquisition Methods – Integration with Amazon © 2015 Ex Libris | Confidential & Proprietary Real-Time Pricing & Availability Streamlining acquisitions processes with vendors systems Price and availability within Alma Prevent jumping between systems One Stop Process © 2015 Ex Libris | Confidential & Proprietary 17 How Does a Library Provide the Right Resources to its Patrons? Core Models Library Collection Patron Driven Collaboration Analytics © 2015 Ex Libris | Confidential & Proprietary 18 Patron-Driven Acquisition in Alma Alma • Vendor candidate e-book records (with URLs) are sent to the library Vendor Repository •Users discover and use e-books, triggering purchases • Vendor delivers purchase details •Candidate e-books that are not in use are removed from repository and from discovery Discovery © 2015 Ex Libris | Confidential & Proprietary 19 What Is Evidence-Based Selection (EBS)? EBS, also known as EBA, is a DDA model in which libraries negotiate with a vendor or publisher to provide access to a pool of e-books in exchange for an agreement to purchase books valued at a set amount at the end of the program. © 2015 Ex Libris | Confidential & Proprietary 20 Differences Between PDA to EBS © 2015 Ex Libris | Confidential & Proprietary 21 End User Driven Acquisitions – Patron Purchase Request Patrons may suggest specific titles to be added to the library collection. Resource Alma Acquisitions Sharing © 2015 Ex Libris | Confidential & Proprietary Leganto 22 Discovery End User Driven Acquisitions – Patron Purchase Request © 2015 Ex Libris | Confidential & Proprietary 23 End User Driven Acquisitions – Patron Purchase Request © 2015 Ex Libris | Confidential & Proprietary 24 Article Processing Charges (APC) What is APC? The publication fees that cover the costs of publishing the accepted article plus the cost of reviewing the number of submissions rejected for each accepted submission. © 2015 Ex Libris | Confidential & Proprietary 25 OA Market Revenue Forecast and Growth (APC) The average APC (distorted somewhat by discounts and waivers, but excluding membership revenues) was about $660 in 2011; in 2015, this will increase to roughly $950 due in part to the increased number of well-branded journal publishers offering OA options at higher price points, and in part to the decline of low-value, extremely low-cost pureOA publishers. In 2011 194,000 (Articles) X $660(APC) = $128M In 2015 352,000 (Articles) X $950(APC) = $334M © 2015 Ex Libris | Confidential & Proprietary 26 Article Processing Charges (APC) – Future Plans Surveys Streamline the APC Workflows Invoicing & VAT Calculation Dictate Standards to the Industry Create Customer’s Awareness and Engagement © 2015 Ex Libris | Confidential & Proprietary 27 Beyond Core Models …Patron-Driven Immediate access at the point of need Purchase only what is needed Higher rate of use © 2015 Ex Libris | Confidential & Proprietary 28 How Does a Library Provide the Right Resources to its Patrons? Core Models Library Collection Patron Driven Collaboration Analytics © 2015 Ex Libris | Confidential & Proprietary 29 Collaboration Joint Acquisitions and Collection Development • Coordinated • Economical • Optimize your collection Resource Sharing and Direct Patron Services • Give your patrons access to the resources they need © 2015 Ex Libris | Confidential & Proprietary 30 Joint Acquisition • Different institutions collaborate to acquire resources together • Intended for electronic resources Principles Acquire once Joint maintenance of data Share expertise • © 2015 Ex Libris | Confidential & Proprietary 31 Joint Acquisition – Two Main Models Central Acquisitions The idea for this is that libraries could save money through bulk purchasing and other services provided through one central library Central Negotiations Enable a collaborative network (central) office to manage vendor negotiation details for electronic resource purchases on behalf of the collaborative network members Additional Supporting Feature - Shared Vendors Vendor records can be managed and shared in a collaborative network © 2015 Ex Libris | Confidential & Proprietary 32 Smart Collaborations Driven by a Flexible Network Central catalog, Shared catalog Joint acquisitions and negotiations ILL via broker, directly between partners Direct patron interaction CATALOGING ACQUISITIONS RESOURCE SHARING FULFILLMENT Fulfillment ANALYTICS © 2015 Ex Libris | Confidential & Proprietary 33 How Does a Library Provide the Right Resources to its Patrons? Core Models Library Collection Patron Driven Collaboration Analytics © 2015 Ex Libris | Confidential & Proprietary 34 Collection Analysis Base your purchasing decisions on analysis of your collection and its usage: • Inventory Analysis • Vendor provided usage information • Link resolver statistics • Resource sharing - lending requests • Patron physical item requests © 2015 Ex Libris | Confidential & Proprietary 35 Collection Optimization 12,000 10,000 8,000 6,000 4,000 2,000 0 1,400 1,200 1,000 800 600 400 200 0 Optimize your collection development by not renewing least used journals Review journal top usage trends © 2015 Ex Libris | Confidential & Proprietary 36 Collection Optimization Location Name Material Type General General General General General General General General General General General General General General General General General Book Book Book Book Book Book Book Book Book Book Book Book Book Book Book Book Book Barcode Publication Date Time Loaned 100080-000010 100301-000010 100536-000010 100881-000010 142-10 167-10 29763-10 31503-10 31819-10 31819-20 34362-10 37675-10 37683-10 38297-10 38735-10 39854-10 40614-10 (1970). (1969). (1967). (1968). [1709] (1970). (1966) [1619] (1969). (1969). [1588] [1636] [1630] [1628] [1625] [1619] [1660] 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 5/12/2013 10:09 Optimize your space allocation: weeding, remote/offsite storage Analyze circulation activities by locations, class, and material type © 2015 Ex Libris | Confidential & Proprietary Last Loan Date 37 Collection Optimization Purchase high demand resources Analyze resource sharing lending requests © 2015 Ex Libris | Confidential & Proprietary 38 Collection Optimization Invest less on physical resources? Invest more on electronic resources? Analyze use of physical resources © 2015 Ex Libris | Confidential & Proprietary 39 Collection Development in Alma Alma provides choice and diversity for building the library collection through the use of: • Core models & RT Acquisitions • Patron driven • Collaboration Based on analytics-driven decision making © 2015 Ex Libris | Confidential & Proprietary 40 THANK YOU Idan.Hadari@exlibrisgroup.com