Stages of a procurement process Needs Recognition Purchase Requisition Review of Request Negotiation & contract Quotation Requests Budget Approval Receive Goods / Services Three-Way-Matching Invoice Approval Payment X Record Keeping Directions Using each step in the stages of the Procurement Process, create a PowerPoint Presentation explaining each phase in your own words based on your Learning Block reading materials and your own research. Requirements Your PowerPoint should include: . Title Slide: Class, Your Name, Professor Name, and Date. . Introduction Slide: You should type a brief statement explaining your presentation. . Slides 3-12: Use one slide per each phase explaining the phase in your own words based on using the Learning blocks and your own research. . Slide 13: Conclusion-Explain what you learned from completing this presentation and researching the procurement process