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April 2011 Will Waldman, Principal Brian Bell, Assistant Principal David Shaffer, Assistant Principal 850 North King Street Leesburg, VA 20176 Website: www.lcps.org/smarts Important Dates Main: 5712522030
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Step 1: Start by obtaining a copy of the SMMS LCPS form from the designated authority.
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Step 2: Carefully read the instructions and requirements mentioned on the form.
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SMMS LCPS stands for Supplier Managed Inventory (SMI) Leveraged Consignment Payment System (LCPS). It is a system used for managing consignment inventory.
Suppliers and vendors who have consignment inventory managed under the Supplier Managed Inventory (SMI) program are required to file SMMS LCPS.
SMMS LCPS can be filled out online through the designated portal provided by the organization managing the consignment inventory program.
The purpose of SMMS LCPS is to accurately report and track consignment inventory usage, payments, and replenishment orders.
Information such as the quantity of consignment inventory used, payment details, and replenishment orders must be reported on SMMS LCPS.
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