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.
Street Address. A legal description of real property does not require that a street address be present. Since road names and addresses can change, a street address is often only used to outline a current homeâs address. If an invalid address is present, it will need to be waived. A survey will need to be done for a proper legal description to be formed.