Inventory on Demand in the Digital Age
Panelists: Laura Baldwin, O’Reilly Media and Phil Ollila, Ingram
Laura – reality of our biz, print and retail is still the bulk of the business. Print erosion cost, shipping costs, printing expenses, safety stock, operating capital are all factors in the profit/loss of publishers.
Strategically they wanted to deplete the amount of inventory and instead, make content available anywhere/anytime in a variety of formats. People expect faster cycle times (and not only in production).
Freedom plan – determine how to spend the capital. Offset/digital short run (much smaller print runs, focused on shelf space awareness), back it up with print-to-order, combined with great forecasting tools. Continue reading
As we prepare for a long holiday weekend here in the States, I thought I’d provide you with some fun facts about eBooks and other electronic content (just in case you need to impress the relatives). These are things I collected from articles, blog posts, and by contacting vendors directly. I use these factoids when I do presentations, something to entertain the group during breaks. Happy Thanksgiving everyone.
all of the factoids are in the file linked above, but here are a couple of teasers:
- $519.48 – what you’d spend on ebooks if you bought one per week at $9.99.
- 167,334 serials titles digitized in HathiTrust
- 114 million pounds of merchandise shipped by Ingram in 2009
- 66% of U.S. public libraries offer eBooks
Yesterday, I joined a panel of publishers, aggregators, and archiving agencies to discuss the issue of eBook archiving. I had to set the stage for libraries, which was quite easy – we are in fear of losing our content to which we no longer have control of since it is housed on someone else’s server in another part of the country/world. How do we guarantee that the content we purchased will remain accessible to us and our end users? We need to work on a solution….and fast.
Rebecca Seger from Oxford University Press presented the publishers perspective, highlighting things OUP has done, and challenges facing publishers.
- OUP has journals archiving in place with portico, CLOCKSS, and LOCKSS. OUP’s first trigger event happened in 2009. Their policy is publicly available on the OUP site.
- Ebook archiving at OUP is done via publisher archiving and a dark archive. They keep a repository in PDF format. But, OUP cannot archive the proprietary versions created by the aggregator partners like ebrary, EBL, Ingram, EBSCO.
- OUP feels the obligation to preserve the Oxford Scholarship Online version for library customers. They also offer the option of providing XML data to purchaser for local archiving (as she described was being done at OhioLINK.)
- Some challenges: Archiving options are limited for ebooks as not everything available for journals is available for ebooks, yet. Additionally, defining the trigger events has proven to be much more difficult. Continue reading
Ingram Content Group Inc. and Springer announced a new integrated distribution services model that combines traditional physical book fulfillment with single-copy print-on-demand solutions for Springer’s entire Americas publishing program. According to PR sources for Ingram, the Springer $24.95 My Copy program will continue with this partnership.
From the press release:
Starting in the first quarter of 2011, Ingram Content Group will fully manage warehousing, fulfillment and print-on-demand for Springer using the new model. Ingram will hold Springer’s entire US inventory and as it sells down, Ingram will transition titles to print-on-demand when it makes the most economic sense. All fulfillment will come through Ingram.
As the need to invest in the future of content in its many forms becomes increasingly important, publishers are facing resource decisions unlike any before. They are exploring new ways to operate and shift investments once used for the cost of warehousing and returns to developing the most innovative content. By strategically combining traditional print publishing with virtual inventory and print on demand, Springer can concentrate its energy and resources on the future success of its company while assuring its authors and readers that its high quality content will always be widely available, also in print.
ebrary announced today the launch of the much awaited patron driven acquisition model. It’s been a couple of years in the making, received considerable testing, and was grown from librarian demand and suggestions. A brief history:
ALAMW Conference, 2009. ebrary hosted a session to discuss patron driven acquisitions and many librarians were there to offer suggestions.
January, 2010, the PDA pilot testing is extended while ebrary conducts additional surveys.
October, 2010 – The ebrary PDA model is Live!
Received this email from Ingram today: Ingram’s VitalSource launches Bookshelf® application for iPad™, iPhone®, and iPod Touch®—now offers three ways to access content
LA VERGNE, TN – Vital Source Technologies, Inc., the leading e-textbook solution provider for publishers, academic institutions and students today announced the availability of the VitalSource Bookshelf application for Apple’s iPad™, iPhone®, and iPod Touch®.
From a press release:
Ingram Content Group Inc. and Macmillan today announced a new distribution services model that will integrate Ingram’s print on demand (POD) and fulfillment capability with Macmillan’s publishing program. Macmillan will use Ingram’s print on demand and physical distribution infrastructure to manage traditional inventory and POD for “”long tail” titles. Macmillan will continue to fully service its customer relationships from its primary warehouse in Virginia. Continue reading
If you had top executives from 4 academic eBook aggregators in the same room, what would you ask them? Seriously, I need to know. One of the Lively Lunch sessions at the XXX Annual Charleston Conference is an open forum with academic eBook aggregators from ebrary, EBL, Ingram, and NetLibrary. I’m looking for suggestions on questions to ask these individuals. I’m moderating and want to make this as informative and interesting as I can! Continue reading
What do the words interactive, audio/video, social, modular, desktop, and mobile have in common? They were all used by John Wiley’s Peter Balis during his Digital Book 2010 presentation to describe inkling, an end-to-end platform for mobile learning. Peter’s presentation focused on how we learn now and beyond. He demonstrated many interactive digital content products and inkling was one of them. It’s due out in the fall of 2010 and is designed to work with learning content on the iPhone and iPad. Here’s a cut/paste of the vision statement from the inkling website:
… That’s why we’re building Inkling: a flexible software platform that replaces static, printed material with content that’s centered around the learner. We’re committed to empowering students to learn however they want, wherever they want. In the process, we’ll make education better for everyone involved.
Something tells me we will see a lot more from inkling and similar products supporting a flexible, digital textbook future. Other Digital Book 2010 presentations are available online from OverDrive, Ingram, O’Reilly, and more.