Deciphering the cost relationship between journal subscriptions and ILL services
In light of several University wide budget cuts, each area of University Libraries was required to review their expenses and determine possible cost savings. Two areas that were reviewed were the journal subscriptions and Interlibrary loan services. The two areas were examined separately by management and each arrived at an independent conclusion on cost savings. It was soon learned that the cuts to the journal subscriptions had a direct impact on ILL traffic which had not been anticipated when calculating the cuts for the ILL budget.
A study has been conducted at the University of Southern Mississippi to determine the extent of this relationship. Those findings are being used to create a cost model that will allow management to look closer at how journals cut influence the costs of ILL services. The presentation will highlight the value of a combined cost analysis of journal subscriptions and Interlibrary loan services as well as practical applications of the collected data.