What is the Difference Between RFI, RFQ, and RFP?

What is the Difference Between RFI, RFQ, and RFP?

RFI, RFQ, and RFP are acronyms used in procurement and sourcing activities. While they all relate to procurement, they have different purposes and uses. RFI stands for Request for Information. It is a document that is sent to potential suppliers to gather information about the goods or services they offer, their capabilities, and other relevant […]