Using the above analogy, the supply chain can be considered the entire chair, while procurement and sourcing are parts of the chair. Procurement Procurement is the process of getting the goods and/or services your company needs to fulfill its business model.
The use of street address meaning just the line with number and street name is (valid) jargon usage within a technical industry, but it's not so commonly understood that way by the general public.
ADDRESS: This is the name and address of the person (recipient) you are sending the letter to. On separate lines write: Recipient's Full Name. Street Address. City, State and Zip Code. Use postal abbreviations when writing the state.