Navigate to Deploy > Deployment Points > Right Click NEW.
New Deployment Point Wizard opens - Select "SMS 2003 OSD
Give your Deployment Point a name.
Enter in the path where you want your ZTI share created. Here I am pointing it to my SMS server.
Select "Automatically Determine Location" and check the box Allow data and settings to be stored locally when possible.
Enter in the path to the SMS OSD files on your SMS server. Typically in %:\SMS\OSD
Deployment Point is created.
NEXT - Configure Deployment Point and Update Files