Risk Management in Procurement explains how organisations can protect continuity, cost, quality, delivery, compliance, and reputation while buying goods and services. Procurement risk is not limited to a supplier failing to deliver. It can begin with an unclear specification, an unrealistic lead time, a weak contract, a single-source dependency, a misleading quotation, poor data, or an overlooked change in demand. The book follows a practical lifecycle: establish context, identify uncertainty, assess likelihood and impact, select proportionate controls, assign accountability, monitor early-warning signals, and learn from incidents. It connects procurement decisions with operations, finance, quality, legal, information technology, sustainability, and senior leadership. Each chapter includes examples, action points, and tools that can be adapted for manufacturing, construction, infrastructure, public procurement, service businesses, and small enterprises. The objective is not to eliminate every risk. It is to make important risks visible early enough for people to make informed decisions. The book uses plain language and generic examples. Any sample thresholds or scoring scales are starting points only; organisations should calibrate them against their own exposure and tolerance.