New Zealand University Library Acquisitions Consortium for the Supply of Print Monograph Resources‪.‬

An increasing proportion of academic library budgets for resources and access are being committed to subscription-based electronic resources. Add to this the expenditure on print subscriptions, and the result is an increasing proportion of budgets committed to serials. The funds that remain for the purchase of books are under enormous pressure from the needs of expanding academic programs which are being developed in an attempt by institutions to maximise student numbers. Such conflicts place serious demands on the book budget at a time when libraries are also struggling to cope with burgeoning scholarly publishing. Such pressures, and changing demands with static budgets and increasing costs, mean that libraries find it difficult to maintain relevant, up-to-date book collections which support teaching and research programs. Libraries must maximise the purchasing power of the book funds available to them. One strategy is for libraries to cooperate and pool their resources to increase their strength in the acquisition process.