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.
A simple method of geocoding is address interpolation. This method makes use of data from a street geographic information system where the street network is already mapped within the geographic coordinate space. Each street segment is attributed with address ranges (e.g. house numbers from one segment to the next).