RFQ vs RFP

Procurement Terms // RFQ, RFP, RFI, and RFT Defined

What do RFQ, RFP, RFT, and RFI mean. These terms are short for Request for Quotes, Request for Proposal, Request for Tender, and Request for information. The requests are four different ways to make initial contact with a potential supplier, in order to get a product made.