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Outsourced Vs. in-house workforce in technical inspection business in Finland : Case: Moody International Finland Oy

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Outsourced Vs. in-house workforce in technical inspection business in Finland : Case: Moody International Finland Oy

In these days many companies are all the time balancing with different workforce and resource questions. One of the key questions is usually the amount of employees and possible outsourced workforce. The aim of this graduation thesis work was to research different possibilities to use employed inspectors as a part of company’s workforce and to analyze different factors from the both economical and practical perspectives compared to subcontracted workforce. Moody International Finland Oy is a part of the Intertek group. Moody International Finland Oy performs technical vendor equipment inspections mainly to international clients. Moody International Finland Oy has been using the subcontracted inspectors since it was founded 1998.

The theoretical part was mainly formed from Human Resource issues, entrepreneurship, subcontracting and consulting business related issues but also profitability and job satisfaction elements have been taken into account. The research methods were surveys which were sent to the current subcontracted inspectors and also to some potential new inspector candidates. The aim of these surveys was to investigate inspectors’ opinions and different economical and practical issues related to possible hiring. Furthermore a SWOT analysis and pure profitability calculations were used when comparing the results.

The results did show that there is no need to start using employed inspectors at the moment. The biggest reasons for this were both from inspectors and company’s perspectives the special nature and irregularity of the technical vendor equipment inspection business in Finland. As a conclusion it would be good that Moody International Finland Oy will however follow up the situation all the time. The nature of the technical vendor equipment business can however change in the future and therefore the company must try to find the profitable balance.

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