Art of Procurement 605: Dial P Crossover: A GAAP in Judgement at Kraft Heinz
In this week’s episode, we’re featuring a crossover from Dial P for Procurement - a show hosted by Kelly Barner every week on the Art of Procurement platform.
Dial P for Procurement is for anyone with an appreciation for business storytelling who isn’t afraid to take a closer look at tough topics. It is also part of the LinkedIn Presents network, which features a limited number of shows hand-selected by LinkedIn to be a part of their own podcast programming.
This particular episode tells the true story of what happened when Kraft Heinz procurement ran afoul of the SEC by illegally securing and reporting on supplier cost savings. It led to significant turnover at the executive level - including the CEO - as well as the restatement of two years’ worth of financial statements.
Listen in and then subscribe to Dial P for Procurement wherever you listen to podcasts!
Links:
Listen to Dial P on Art of Procurement
Subscribe to the Dial P for Procurement LinkedIn newsletter