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S38 - Dismantle Your Electronic Resources Fund! Applying The Power of Faceted Classification to Materials Budget Management
Conference Track
1. Managing e-Resources & Licensing
Learning Objectives
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Participants will be introduced to a faceted budget structure that accounts for material type, format, acquisition mode, and discipline in each fund.
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Participants will learn how a faceted budget structure can be used to improve planning and reporting of expenditures, as well as funding advocacy.
Abstract
Effective collection management and funding advocacy require that academic library materials budgets reflect the complexity of their underlying acquisitions. We introduce a faceted budget structure that addresses acquisition mode, material type, material format, and discipline in each fund-- thereby empowering budget transparency, reliable ongoing spending control, and accurate long-term planning.