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 street is a paved public thoroughfare in a built environment. It is a public parcel of land adjoining buildings in an urban context, on which people may freely assemble, interact, and move about. A street can be as simple as a level patch of dirt, but is more often paved with a hard, durable surface such as concrete, cobblestone or brick.