Navigate Here: Utilities > Dropdown List Management > Vendor Types; click the Edit icon 
of a vendor type
You can view, edit, or delete a vendor type on the Vendor Type Management page.
Click the Save button to save the changes made to the current vendor type. The system will then go to the Browse Vendor Types page.
Click the Save & Add button to save the vendor type and add another vendor type.
Click the Delete button to delete the vendor type. The system will then go to the Browse Vendor Type page.
Click the Cancel button to abort the inputs and return to the Browse Vendor Types page.